Targeted 1040 Forms Update for the Occasional Tax Preparer

Targeted 1040 Forms Update for the Occasional Tax Preparer (3-717)

REGISTRATION STATUS: CLOSED -- Please contact the VSCPA at or (800) 733-8272 for availability.
Monday, January 22, 2018
Materials Selection
I want to download the manual (included in the registration fee)

* SESSION FULL * I want a copy of the printed manual (additional $10 fee)

Many individuals casually prepare a few income tax returns for family members, friends or acquaintances. Many of such preparers are professionals in industry, not in full-time tax preparation. The manual is designed to provide a preparation update to the casual preparer and has been updated for the impacts of the Protecting Americans Against Tax Hikes (PATH) Act of 2015. The manual involves not only new tax rules for the current year, but also an understanding of how the new and old rules apply to 2017 tax forms. The up-to-date review of important tax form changes will be invaluable to attendees who prepare tax returns for individuals.

Delivery Method - Group Live

  • Study 2017 income tax forms and schedules for individual clients
  • Understand which income tax returns and schedules have changed
  • Review individual income tax preparation for 2017

  • Do I need a PTIN?
  • Am I required to register as an "Authorized e-file Provider?"
  • Where do I start?
  • Professional people acting professionally; if not, what are the penalties?
  • A tour of the most recent changes starting from gross income and ending with alternative minimum tax (AMT) and selected credits including the latest IRS guidance on significant recent tax legislation
  • Preparation of various Form 1040 individual tax returns and schedules; provided answers include "filled-in" forms
  • Tax filing status: rules for filing status and planning opportunities and pitfalls
  • Self-employed person issues
  • Sale and exchange of property: understanding Form 4797 and depreciation recapture; capital gains
  • Schedule C deductions
  • A working understanding of passive losses: how to handle rental property and how the passive loss rules flow to the tax forms
  • Itemized deductions: a thorough understanding of what's deductible and what's not
  • Interest deductions: limitations and timing problems
  • How the Affordable Care Act affects tax returns
  • Review of new laws and changes in old forms to provide a familiarity for the upcoming tax season

Designed for:
Industry or non-tax professionals preparing individual income tax returns for the current tax year

Basic familiarity with tax rules relating to individual taxation

Date:Monday, January 22, 2018
Time:8:00 AM - 3:30 PM (Registration at 7:30 AM) ET
Facility:Richmond CPA Center, Glen Allen
CPE Credit:8.00 Taxation
Instructor: Susan Smith
Vendor:Surgent McCoy CPE, LLC
Course Level:Intermediate
Best Price:$389.00 VSCPA members, $489.00 nonmembers
Seminar Volume Discount:($25)

Advanced Preparation:


Virginia Society of CPAs (VSCPA) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website:

For more information regarding refund, complaint and program cancellation policies, please visit or call (800) 733-8272.