Individual & Business Tax Fundamentals
This course is part of U.S. Federal Taxation.
Course Cost
Free course
Intermediate
Skill Level
28 Hours
Self-paced lessons
This course cannot be purchased separately - to access the complete learning experience, graded assignments, and earn certificates, you'll need to enroll in the full U.S. Federal Taxation Specialization program. You can audit this specific course for free to explore the content, which includes access to course materials and lectures. This allows you to learn at your own pace without any financial commitment.
What you'll learn
Calculate and report individual federal tax obligations
Identify taxable income and allowable deductions
Apply tax rules for employees and self-employed individuals
Prepare Form 1040 and related schedules
Understand retirement plan tax implications
Navigate IRS regulations and tax law sources
Skills you'll gain
This course includes:
7.9 Hours PreRecorded video
61 quizzes
Access on Mobile, Tablet, Desktop
FullTime access
Shareable certificate
Closed caption

Top companies offer this course to their employees
Top companies provide this course to enhance their employees' skills, ensuring they excel in handling complex projects and drive organizational success.





There are 9 modules in this course
This comprehensive course explores the U.S. federal tax system as it applies to individuals, employees, and sole proprietors. It covers fundamental concepts including gross income calculation, statutory inclusions and exclusions, personal and business deductions, and the distinction between employee and self-employed tax treatments. The course provides practical experience with Form 1040 preparation and includes detailed coverage of business deductions, itemized deductions, and retirement planning.
Introduction to the Course
Module 1 · 53 Minutes to complete
An Introduction to Taxation
Module 2 · 5 Hours to complete
Computing the Tax
Module 3 · 5 Hours to complete
Gross Income
Module 4 · 2 Hours to complete
Gross Income: Exclusions
Module 5 · 2 Hours to complete
Deductions and Losses: In General
Module 6 · 3 Hours to complete
Business Deductions
Module 7 · 3 Hours to complete
Itemized Deductions and Retirement Plans
Module 8 · 4 Hours to complete
Comprehensive Example
Module 9 · 3 Hours to complete
Fee Structure
Individual course purchase is not available - to enroll in this course with a certificate, you need to purchase the complete Professional Certificate Course. For enrollment and detailed fee structure, visit the following: U.S. Federal Taxation
Reviews
Testimonials and success stories are a testament to the quality of this program and its impact on your career and learning journey. Be the first to help others make an informed decision by sharing your review of the course.
Faculties
These are the expert instructors who will be teaching you throughout the course. With a wealth of knowledge and real-world experience, they're here to guide, inspire, and support you every step of the way. Get to know the people who will help you reach your learning goals and make the most of your journey.
Frequently asked Questions
Below are some of the most commonly asked questions about this course. We aim to provide clear and concise answers to help you better understand the course content, structure, and any other relevant information. If you have any additional questions or if your question is not listed here, please don't hesitate to reach out to our support team for further assistance.




