Schedule C: the Basics

This basic course will explore how to properly interview for and complete a Schedule C (1040 series). We will discuss the definition of a business (from a tax perspective) and when the Schedule C is appropriate. Special attention will be given to IRC Section 162. This course will go line by line down the Schedule C discussing how to properly complete the form.

Objectives:
● Understand how to define a business for US Income Tax purposes
● Understand how to complete Schedule C (1040 series)

Prerequisites: none
Advanced preparation required: none
Attendees of this course earn 2.0 CPE/CE credit

IRS Program Number: RUSSH-T-00059-21-O
Category: Tax / Federal Tax Law Topics
Hours: 2
Program Level: Basic
Delivery Method: Online (Group Internet Based)
Who Should Attend: CPAs, Enrolled Agents, Tax Preparers, Tax Attorneys

Refunds and Cancellations: No refunds will be granted after 48 hours before the course start time. For more information regarding refund, complaint, and/or program cancellation policies please email us at support@taxaroo.com. Happy Tax dba CryptoTaxAcademy will be providing the CE/CPE for this webinar. Happy Tax dba CryptoTaxAcademy.com 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: www.nasbaregistry.org.