Rs. 11,999/
This course is designed to guide you step-by-step through the essentials of U.S.A individual taxes.
Whether you're a beginner or looking to solidify your tax knowledge, this course will take you from
foundational concepts to intermediate-level proficiency.
We’ll start by introducing the core
principles of the U.S.A tax system, breaking down complex topics into simple, digestible lessons. From
understanding the Internal Revenue Code (IRC) to preparing Form 1040 and its associated forms, this
course will equip you with the knowledge to navigate U.S.A taxes with confidence.
1) Introduction to U.S.A Taxation
2) Understanding the Internal Revenue Code (IRC)
3) Filing Status and Dependents
4) Income Types and Reporting
5) Deductions and Credits
6) Form 1040 Preparation
7) Tax Filing Tips and Common Pitfalls
- How the U.S.A tax system operates and why compliance matters
- Key components of the Internal Revenue Code relevant to individuals
- Step-by-step preparation of Form 1040 and related forms
- Practical skills to confidently file accurate and complete individual tax returns
Understanding U.S.A taxes is essential for anyone earning income in the U.S.A, whether you’re a resident or a non-resident. It helps you comply with tax laws, optimize tax benefits, and avoid penalties. Mastering these concepts also makes you a valuable resource for employers, clients, or your own business ventures.
- Tax and Accounting Students
- Aspiring Tax Preparers
- Business Owners and Entrepreneurs
- Individuals Filing Their Own Taxes
- Professionals Seeking a Deeper Understanding of U.S.A Taxation
This course is beginner-friendly and assumes no prior knowledge of taxation. Anyone with an interest in U.S.A taxes can enroll and start learning immediately.
24-30 Hours
1 Month
3 Hours each on Saturday and Sunday Morning
Confirm on WhatsApp or via E-mail
Get introduced to essential tax concepts and foundational knowledge necessary for understanding U.S.A tax filings.
Learn how to determine the correct filing status and its impact on tax rates and deductions.
Understand the rules for claiming dependents and how they affect your tax return and benefits.
Explore the distinction between taxable and non-taxable income and how to properly categorize earnings.
Master the treatment of investment income, including interest, dividends, and related expenses.
Learn how to calculate and understand the basis of assets for tax purposes, including adjustments and depreciation.
Understand the concept of capital gains and losses, including the tax implications of asset sales.
Explore tax rules for nonrecognition transactions, including exchanges and transfers of property.
Learn how to report rental and royalty income, along with deductions and credits associated with them.
Master the various adjustments that reduce gross income, affecting your taxable income and overall tax liability.
Learn to differentiate between the standard deduction and itemized deductions, understanding when and how to use each to minimize taxable income. This unit covers eligibility rules, deduction limits, and key expenses like medical, mortgage interest, and charitable contributions.
Discover the various tax credits available to individuals, including eligibility requirements and their impact on reducing tax liability. This unit explores credits such as the Earned Income Tax Credit, Child Tax Credit, and education-related credits to help maximize tax savings.