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Form 1040 – dealing with 2018 changes made by TCJA – 25 March 2019

calander

Mar 25

The 2018 US tax returns will be the first to reflect the wide-ranging changes made by the Tax Cuts & Jobs Act, signed into law in late 2017.

This one-day course will take you through the provisions and the new forms in detail, so you will be able to advise your clients appropriately and complete their returns accurately. Taught by US CPA Narelle MacKenzie.

DJH International Tax is approved by the IRS as a provider of continuing education and therefore registered tax preparers may sign in to receive 7 hours of credit.

We will cover the following:

  • Dependents: Child Tax Credit; Family Tax Credit; Kidde Tax
  • Transition tax: Fiscal year end CFCs; Instalment reminder; S corp changes; 962 election
  • 199A
  • Standard deduction v itemised deduction: Higher amounts for standard deduction; loss of exemptions; itemised deductions (medical, State and local taxes); mortgage interest
  • Alimony
  • Foreign earned income exclusion
  • Dependents: Child Tax Credit; Family Tax Credit; Kidde Tax
  • Transition tax: Fiscal year end CFCs; Instalment reminder; S corp changes; 962 election
  • 199A
  • Standard deduction v itemised deduction: Higher amounts for standard deduction; loss of exemptions; itemised deductions (medical, State and local taxes); mortgage interest
  • Alimony
  • Foreign earned income exclusion