1040 Schedule A

Overview

Don't miss deductions! Master Schedule A & uncover hidden tax savings for your clients. Explore medical, charity, taxes & more. Learn key questions to ask & stay updated on rule changes.

Learning Objectives

  • given a list of medical expenses incurred by a taxpayer, identify those which may be itemized and calculate the deduction 
  • identify the taxes that may be deductible, including the real estate and sales taxes that apply in different states and municipalities
  • identify the types of mortgage interest and points that taxpayers may deduct
  • identify eligible cash and non-cash charitable donations and the types of documentation that are needed to support their deduction

Tax Year: 2023-2024

Designed For

EAs, CPAs, CRTPs, and other tax and financial professionals

Prerequisites

Exposure to Form 1040 and its schedules

Advanced Preparation

None

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License or Certification

Regulator

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