Surgent's Targeted 1040 Forms Update for the Occasional Tax Preparer (Self-Study)


Date Valid for one year from purchase date
Format Self-Study (Downloadable PDF)
CPE credits CPE 8.0
8.0 IRS CE approved
of study
Taxes - Technical (8.0)
Standard member fee $125.00
checkmarkStandard nonmember fee $125.00

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Many individuals casually prepare a few income tax returns for family members, friends, or acquaintances. Many of such preparers are professionals in industry; and not in full-time tax preparation. The manual is designed to provide a comprehensive preparation update to the occasional preparer. The manual involves not only new tax rules for the current year, but also understanding how the new and old rules apply to current tax forms. The up-to-date review of important tax form changes will be invaluable to attendees who prepare tax returns for individuals.

Who should take this program?

Industry or non-tax professionals preparing individual income tax returns for the current tax year

Major subjects

  • Tax reform update
  • Do I need a PTIN?
  • Can I use "Off-the-Shelf" software to prepare returns for individuals for a fee?
  • Am I required to register as an 'Authorized e-file Provider?'
  • Where do I start? :
  • Professional people acting professionally! And if not? What are the penalties?
  • A tour of the most recent changes starting from gross income and ending with alternative minimum tax (AMT) and selected credits including the latest IRS guidance on significant recent tax legislation
  • Preparation of various Form 1040 individual tax returns and schedules; provided answers include "filled-in" forms
  • Tax filing status -- Rules for filing status and planning opportunities and pitfalls
  • Self-employed person issues
  • Sale and exchange of property -- Understanding Form 4797 and depreciation recapture; capital gains
  • Schedule C deductions
  • A working understanding of passive losses -- How to handle rental property and how the passive loss rules flow to the tax forms
  • Itemized deductions -- A thorough understanding of what's deductible and what's not
  • Interest deductions -- Limitations and timing problems
  • How the Affordable Care Act affects tax returns
  • Review of new laws and changes in old forms to provide a familiarity for the upcoming tax season

Learning objective(s)

  • Study current income tax Forms and Schedules for individual clients
  • Understand which income tax returns and schedules have changed
  • Review individual income tax preparation for the current year


Course code Code JSDLCASU
Sponsor Surgent
NASBA ID#: 103212
Level Intermediate
Format Self-Study (Downloadable PDF)
Prerequisites Prereq. Basic familiarity with tax rules relating to individual taxation