1040 Preparation and Planning 8: Adjustments to Gross Income (2020)

Author: Barbara Weltman, Sidney Kess

CPE Credit:  2 hours for CPAs
2 hours Federal Tax Related for EAs and OTRPs
2 hours Federal Tax Law for CTEC

This on-demand course looks at adjustments to gross income, including deductions dont require itemizing such as educator expenses, expenses of Reservists, performing Artists, and fee-Basis Government Officials. It also discusses HSAs, IRA deductions; tax treatment of alimony, child support, and property settlements; and much more. Finally, it explains how to arrive at adjusted gross income.

Publication Date: November 2019

Designed For
Tax practitioners

Topics Covered

  • Gross income adjustments
  • Health savings accounts
  • HSA contributions and eligibility
  • Moving expense deduction
  • Standard mileage rate

Learning Objectives

  • List deductions that can be claimed without itemizing
  • Determine eligibility for a health savings account
  • Figure IRA deductions
  • Describe the difference in tax treatment between alimony, child support, and property settlements
  • Calculate how to arrive at adjusted gross income


Instructional Method

NASBA Field of Study
Taxes (2 hours)

Program Prerequisites
Understanding of the form 1040

Advance Preparation

Registration Options
Regular Fee $55.00

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