Module II: Basic Tax Concepts (1040 Exam Prep Study Guide Series)

Module II: Basic Tax Concepts (1040 Exam Prep Study Guide Series) Review

The Second Module of the 1040 Exam Prep e-Books Series.The easiest, cheapest, and fastest option tax return preparers have to study for and pass the IRS competency examination and become a Registered Tax Retun Preparer.
Module II covers general considerations to take into account in filing tax returns such as taxpayers filing status and filling requirements. Some of the questions Module II answers are:
•Which taxpayers are required to file a return?
•Which forms should be used in each case?
•When, where, and how should the return be filed?
•How to calculate estimated tax?
•What records should taxpayers keep and how long should tax payers keep the records?
•How to amend a return?
•And much more...