The Fundamentals Basic’s of Schedules BAD!

BY Dr. Cozette M. White-Powell

Understanding some of basic tax forms can sometimes be overwhelming for our tax professionals.

 

In this presentation you’ll learn:

 

  • How to interpret and properly prepare Schedule A - Itemized Deductions; help taxpayers determine if they should itemize or take the standard deduction.

  • How to interpret and properly prepare Schedule B - Interest & Ordinary Dividends; learn the compliance requirements.

  • How to interpret and properly prepare Schedule D - Capital Gains & Losses; how to reduce red flags as a result of improperly calculating capital gains and losses.