US Income Taxes – Income Tax Preparation Simplified for You

The A – Z of self-preparing and e-filing your basic income taxes by 04/15. Income tax preparation made easy for you.

Created by: Majo Jacinto
Certified Public Accountant & Accounting Professor

What Will I Learn?

• Understand basic federal income tax laws and how it applies to your own your own personal or household situation
• Prepare and file your own basic federal and state income tax return
• E-file your federal and state income tax return safely and securely for FREE.
• Be in control of your income tax liability and refunds
• Plan for your own personal income taxes in the future.
• Discover, learn and apply the federal credits and deductions that are available to you as a taxpayer and your dependents
• Gain and extend your knowledge of basic income taxes as a tool for your personal financial planning.
• Save an average of $200/year by preparing and filing your own return.

Requirements

• Ability to add, subtract, divide & multiply
• Analytical skills
• Patience in learning something new.
• Access to a copy of your prior year's tax return for comparison purposes is preferred but not required.

Target audience

• Designed for low and moderate income taxpayers to learn & equip them with the training they need to file their own income tax return each year.
• Tax filers with adjusted gross income of $60,000 or less that filed using forms 1040-EZ, 1040A or 1040 with Schedule A in 2013.
• Taxpayers with combined gross income of under $100,000
• First time filers
• College students who worked part time during the year.
• Accounting college students who need to take Federal Income Tax for Individuals - this training will supplement that class.
• Individuals who pay income taxes every year but DO NOT understand why.
• Individuals who are afraid of taxes.
• Individuals who want to obtain basic income tax training to help others through volunteer tax work for the needy (VITA).
• This course is only designed for US taxpayers.