November 13, 2025


Live Webcast


4 CPE Credits

Four For Fall: Optimizing 1040 Preparation: Key Strategies for Accuracy and Efficiency

  • Instructor

    Susan
    Scioli

Learning Objectives

  • Determine proper filing status and dependency claims in complex family situations
  • Identify IRS expectations when W-2s are missing or incorrect 
  • Distinguish between deductible and nondeductible alimony and child support 
  • Apply correct gambling session and recordkeeping rules for winnings/losses 
  • Report cancellation of debt income accurately and determine exceptions 
  • Calculate SE tax obligations for family caregivers under IRC §1402 
  •  Evaluate foreign earned income, housing exclusions, and foreign tax credits 
  • Apply disaster rules to casualty losses and estimate deductions when repairs aren’t final

Major Topics

  • Complex dependent situations involving divorced parents and multi-generational households 
  •  W-2 issues, alimony and child support reporting, and divorce-related filing problems
  • Gambling income treatment and cancellation of debt (COD) income exceptions 
  • Self-employment tax and income treatment for family caregivers and clergy 
  • Foreign income: Form 2555, housing exclusions, and Form 1116 foreign tax credits 
  • Casualty and disaster losses, including estimate-based deductions when repairs are pending 
  • Credits and deductions: child care, education, adoption, and Earned Income Credit pitfalls 
  • Special provisions: AMT, 5329 penalty relief, premium tax credit repayments, energy/vehicle credits
  • Medical exclusion rules for retired law enforcement and deductibility of attorney fees

Sponsors

CPE Credits Available

4 CPE Credits
4
Taxes

Things to Know About This Course

Course Level

  • Intermediate

Advanced Preparation

None

Intended Audience

CPAs, EAs, and tax professionals preparing individual tax returns  

Provider

Werner-Rocca

This event has ended.