{"product_id":"wiley-tax-preparer-isbn-9781118072622","title":"Wiley Tax Preparer","description":"\u003cp\u003eWhether you’re already a tax preparer or you’re looking to become one, you need a firm grasp of the tax concepts on which individual taxation is based. We created the Wiley Tax Preparer as a refresher for the experienced tax preparer, and as a readable guide for the less-experienced tax preparer.\u003c\/p\u003e \u003cp\u003eThis timely guide is an essential tax resource providing you with useful information on tax principles and filing requirements that a preparer must know to complete a 1040 series return and associated schedules. You’ll refer to it time and again, for information about:\u003c\/p\u003e \u003cp\u003ePractices and Procedures\u003c\/p\u003e \u003cul\u003e \u003cli\u003ePenalties to be assessed by the IRS against a preparer for disregard of the rules and regulations\u003c\/li\u003e \u003cli\u003eFurnishing a copy of a return to a taxpayer\u003c\/li\u003e \u003cli\u003eSafeguarding taxpayer information\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eTreatment of Income and Assets\u003c\/p\u003e \u003cul\u003e \u003cli\u003eTaxability of wages, salaries, tips, and other earnings\u003c\/li\u003e \u003cli\u003eReporting requirements of Social Security benefits\u003c\/li\u003e \u003cli\u003eDetermination of basis of assets\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eDeductions and Credits\u003c\/p\u003e \u003cul\u003e \u003cli\u003eMedical and dental expenses\u003c\/li\u003e \u003cli\u003eTypes of interest and tax payments\u003c\/li\u003e \u003cli\u003eChild and dependent care credit\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eOther Taxes\u003c\/p\u003e \u003cul\u003e \u003cli\u003eAlternative Minimum Tax\u003c\/li\u003e \u003cli\u003eSelf-Employment Tax\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003ePreliminary Work and Collection of Taxpayer Data\u003c\/p\u003e \u003cul\u003e \u003cli\u003eCollecting a taxpayer’s filing information and determining their status\u003c\/li\u003e \u003cli\u003eDetermine filing requirements, including extensions and amended returns\u003c\/li\u003e \u003cli\u003ePersonal exemptions and dependents\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eCompletion of the Filing Process\u003c\/p\u003e \u003cul\u003e \u003cli\u003eCheck return for completeness and accuracy\u003c\/li\u003e \u003cli\u003eTax withholding, payment and refund options, and estimated tax payments\u003c\/li\u003e \u003cli\u003eExplaining and reviewing the tax return\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eEthics and Circular 230\u003c\/p\u003e \u003cul\u003e \u003cli\u003ePreparer’s due diligence for accuracy of representations made to clients and the IRS\u003c\/li\u003e \u003cli\u003eSanctions that may be imposed under Circular 230\u003c\/li\u003e \u003cli\u003eRules governing authority to practice before the IRS\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eIf you’re looking for a practical guide to the principles behind Form 1040, look no further. The Wiley Tax Preparer is the most accessible guide to understanding how complex tax laws affect individual taxpayers.\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart 1 The Income Tax Return 1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eChapter 1 Filing Information 3\u003c\/p\u003e \u003cp\u003eChapter 2 Filing Status 13\u003c\/p\u003e \u003cp\u003eChapter 3 Personal and Dependency Exemptions 25\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart 2 Income and Assets 41\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eChapter 4 Wages, Salaries, and Other Earnings 43\u003c\/p\u003e \u003cp\u003eChapter 5 Interest Income 57\u003c\/p\u003e \u003cp\u003eChapter 6 Dividends and Other Corporate Distributions 69\u003c\/p\u003e \u003cp\u003eChapter 7 Rental Income and Expenses 77\u003c\/p\u003e \u003cp\u003eChapter 8 Retirement Plans, Pensions, and Annuities 93\u003c\/p\u003e \u003cp\u003eChapter 9 Social Security and Equivalent Railroad Retirement Benefits 109\u003c\/p\u003e \u003cp\u003eChapter 10 Other Types of Income 119\u003c\/p\u003e \u003cp\u003eChapter 11 Self-Employment Activities 133\u003c\/p\u003e \u003cp\u003eChapter 12 Basis of Property 155\u003c\/p\u003e \u003cp\u003eChapter 13 Sale of Property 165\u003c\/p\u003e \u003cp\u003eChapter 14 Sale of Home 183\u003c\/p\u003e \u003cp\u003eChapter 15 IRA and HSA Contributions 193\u003c\/p\u003e \u003cp\u003eChapter 16 Education-Related Adjustments 203\u003c\/p\u003e \u003cp\u003eChapter 17 Business-Related Adjustments 211\u003c\/p\u003e \u003cp\u003eChapter 18 Alimony 223\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart 3 Deductions and Credits 231\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eChapter 19 Standard and Itemized Deductions 233\u003c\/p\u003e \u003cp\u003eChapter 20 Medical and Dental Expenses 239\u003c\/p\u003e \u003cp\u003eChapter 21 Tax Payments 249\u003c\/p\u003e \u003cp\u003eChapter 22 Interest Payments 257\u003c\/p\u003e \u003cp\u003eChapter 23 Charitable Contributions 269\u003c\/p\u003e \u003cp\u003eChapter 24 Nonbusiness Casualty and Theft Losses 283\u003c\/p\u003e \u003cp\u003eChapter 25 Miscellaneous Itemized Deductions 295\u003c\/p\u003e \u003cp\u003eChapter 26 Employee Business Expenses 305\u003c\/p\u003e \u003cp\u003eChapter 27 Earned Income Credit 323\u003c\/p\u003e \u003cp\u003eChapter 28 Child and Dependent Care Credit 341\u003c\/p\u003e \u003cp\u003eChapter 29 Child Tax Credit 349\u003c\/p\u003e \u003cp\u003eChapter 30 Education Credits 355\u003c\/p\u003e \u003cp\u003eChapter 31 Other Tax Credits 363\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart 4 Other Taxes 377\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eChapter 32 Figuring the Regular Tax 379\u003c\/p\u003e \u003cp\u003eChapter 33 The Alternative Minimum Tax 389\u003c\/p\u003e \u003cp\u003eChapter 34 The Kiddie Tax 399\u003c\/p\u003e \u003cp\u003eChapter 35 Other Taxes 409\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart 5 Completion of the Filing Process 423\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eChapter 36 Tax Payments and Refund Options 425\u003c\/p\u003e \u003cp\u003eChapter 37 Completing and Filing the Return 439\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart 6 Practices and Procedures 449\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eChapter 38 Preparer Responsibilities and Penalties 451\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart 7 Ethics and Circular 230 463\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eChapter 39 Rules Governing Authority to Practice before the IRS 465\u003c\/p\u003e \u003cp\u003eChapter 40 Duties and Restrictions Relating to Practice before the IRS 471\u003c\/p\u003e \u003cp\u003eChapter 41 Sanctions for Violating Circular 230 483\u003c\/p\u003e \u003cp\u003eAnswers to Review Questions 493\u003c\/p\u003e \u003cp\u003eAppendix: IRS Resources 537\u003c\/p\u003e \u003cp\u003eIndex 539 \u003c\/p\u003e  \u003cp\u003e\u003cb\u003eThe Tax Institute at H\u0026amp;R Block\u003c\/b\u003e is the company's independent research division, providing expert tax assistance and interpretation of tax law. The Tax Institute combines H\u0026amp;R Block's world-class training experience with the knowledge of the company's credentialed tax experts to create a unique resource based on extensive resources from nearly 60 years in business, 550 million tax returns prepared, and more than 100,000 tax professionals trained each year. For more information, visit \u003cb\u003ewww.hrblock.com\/ why-hr-block\/the-tax-institute.html\u003c\/b\u003e\u003c\/p\u003e   \t\u003cul\u003e \u003cli\u003eReview questions at the end of each chapter\u003c\/li\u003e \u003cli\u003eKey word definitions provided throughout\u003c\/li\u003e \u003cli\u003eHundreds of examples bring the content to life\u003c\/li\u003e \u003cli\u003eProvides an in-depth understanding of IRS Form 1040\u003c\/li\u003e \t\u003c\/ul\u003e \t \u003cp\u003eTaxes \u003c\/p\u003e\u003cp\u003eWILEY \u003cb\u003eTAX PREPARER:\u003c\/b\u003e A GUIDE TO FORM 1040 \u003c\/p\u003e\u003cp\u003e\u003cb\u003eW\u003c\/b\u003ehether you're already a tax preparer or you're looking to become one, you need a firm grasp of the tax concepts on which individual taxation is based. We created the Wiley Tax Preparer as a refresher for the experienced tax preparer and as a readable guide for the less experienced tax preparer. \t \u003c\/p\u003e\u003cp\u003eThis timely guide is an essential tax resource providing you with useful information on the tax principles and filing requirements that a preparer must know to complete a 1040 series return and associated schedules. You'll refer to it time and again, for information about:  \u003c\/p\u003e\u003cp\u003e\u003cb\u003ePractices and Procedures\u003c\/b\u003e \t \t\u003c\/p\u003e\u003cul\u003e \u003cli\u003e\tPenalties to be assessed by the IRS against a preparer for disregard of the rules and regulations\u003c\/li\u003e \u003cli\u003e\tFurnishing a copy of a return to a taxpayer\u003c\/li\u003e \u003cli\u003e\tSafeguarding taxpayer information\u003c\/li\u003e \t\u003c\/ul\u003e \t \u003cp\u003e\u003cb\u003eTreatment of Income and Assets\u003c\/b\u003e \t \t\u003c\/p\u003e\u003cul\u003e \u003cli\u003e\tTaxability of wages, salaries, tips, and other earnings\u003c\/li\u003e \u003cli\u003e\tReporting requirements of Social Security benefits\u003c\/li\u003e \u003cli\u003e\tDetermination of basis of assets\u003c\/li\u003e \t\u003c\/ul\u003e  \u003cp\u003e\u003cb\u003eDeductions and Credits\u003c\/b\u003e \t \t\u003c\/p\u003e\u003cul\u003e \u003cli\u003e\tMedical and dental expenses\u003c\/li\u003e \u003cli\u003e\tTypes of interest and tax payments\u003c\/li\u003e \u003cli\u003e\tChild and dependent care credit\u003c\/li\u003e \t\u003c\/ul\u003e \t \u003cp\u003e\u003cb\u003eOther Taxes\u003c\/b\u003e \t \t\u003c\/p\u003e\u003cul\u003e \u003cli\u003e\tAlternative Minimum Tax\u003c\/li\u003e \u003cli\u003e\tSelf-Employment Tax\u003c\/li\u003e \t\u003c\/ul\u003e \t \u003cp\u003e\u003cb\u003ePreliminary Work and Collection of Taxpayer Data\u003c\/b\u003e \t \t\u003c\/p\u003e\u003cul\u003e \u003cli\u003e\tCollecting a taxpayer's filing information and determining their status\u003c\/li\u003e \u003cli\u003e\tDetermine filing requirements, including extensions and amended returns\u003c\/li\u003e \u003cli\u003e\tPersonal exemptions and dependents\u003c\/li\u003e \t\u003c\/ul\u003e \t \u003cp\u003e\u003cb\u003eCompletion of the Filing Process\u003c\/b\u003e \t \t\u003c\/p\u003e\u003cul\u003e \u003cli\u003e\tCheck return for completeness and accuracy\u003c\/li\u003e \u003cli\u003e\tTax withholding, payment and refund options, and estimated tax payments\u003c\/li\u003e \u003cli\u003e\tExplaining and reviewing the tax return\u003c\/li\u003e \t\u003c\/ul\u003e \t \u003cp\u003e\u003cb\u003eEthics and Circular 230\u003c\/b\u003e \t \t\u003c\/p\u003e\u003cul\u003e \u003cli\u003e\tPreparer's due diligence for accuracy of representations made to clients and the IRS\u003c\/li\u003e \u003cli\u003e\tSanctions that may be imposed under Circular 230\u003c\/li\u003e \u003cli\u003e\tRules governing authority to practice before the IRS\u003c\/li\u003e \t\u003c\/ul\u003e   \u003cp\u003eIf you're looking for a practical guide to the principles behind Form 1040, look no further. The Wiley Tax Preparer is the most accessible guide to understanding how complex tax laws affect individual taxpayers. \u003c\/p\u003e\u003cp\u003e\u003cb\u003eTHE TAX INSTITUTE AT H\u0026amp;R BLOCK\u003c\/b\u003e is the company's independent research division, providing expert tax assistance and interpretation of tax law. The Tax Institute combines H\u0026amp;R Block's world-class training experience with the knowledge of the company's credentialed tax experts to create a unique resource based on extensive resources from nearly 60 years in business, 550 million tax returns prepared, and more than 100,000 tax professionals trained each year. For more information, visit \u003cb\u003ewww.hrblock.com\/ why-hr-block\/the-tax-institute.html\u003c\/b\u003e\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47990492528869,"sku":"NP9781118072622","price":59.95,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9781118072622.jpg?v=1761788046","url":"https:\/\/k12savings.com\/products\/wiley-tax-preparer-isbn-9781118072622","provider":"K12savings","version":"1.0","type":"link"}