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Individual & Business Tax Fundamentals
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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.

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4.9

36,894 Enrolled

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English

Powered by

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olive-leaves-logo

4.9

36,894 Enrolled

olive-leaves-logo

English

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

Tax Planning
Federal Taxation
Individual Tax
Business Deductions
Tax Compliance
Income Tax
AGI Calculation
Tax Law
IRS Regulations
Tax Forms

This course includes:

7.9 Hours PreRecorded video

61 quizzes

Access on Mobile, Tablet, Desktop

FullTime access

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Share your certificate with prospective employers and your professional network on LinkedIn.

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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

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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.

Individual & Business Tax Fundamentals

Intermediate

Skill Level

28 Hours

Self-paced lessons

Course Cost

Free course

Completion

CERTIFICATE

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.