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IRS Form 1040 Preparation Part 2: Filing Status

OnDemand Webinar (94 minutes)

Identify opportunities to pay less taxes depending on different deductions taken and classifications of income.The federal tax system for individuals can be challenging to understand. However, the more you learn about income classifications, how they are taxed, and deductions that can be taken against income, the more you will save in taxes. This is Part II of this conversation that expands on what was learned in Part I. This topic is beneficial for both taxpayers and tax professionals.


Thomas M. Kosinski, C.P.A., M.S.T., Ostrow Reisin Berk & Abrams, Ltd.


Comparing Filing Status for Single and Married Taxpayers

• Review of Updated Tax Rates and Brackets

• Comparison of Married Separate and Joint Filing

• Criteria for Qualifying for Each Filing Status

• Tax Strategies for Obtaining Tax Benefits

• State Tax Issues and Alternatives

Identifying Head of Household Qualifications

• New Tax Law Issues and Considerations

• Qualifying Dependents for Your Household

• Impact of Death and Divorce

• Impact of Support Agreements

• The Federal Loss of Exemptions

Tax Planning Update for Dependents

• Child Tax Credit Improvements

• Education Credits and Benefits

• Medical Deductions for Household

• Review of Support and Income Tests

• Spending Issues and Needs

New Issues and Special Situations for Filing Status

• Same Sex Marriage and Filing Status

• Adoption and Elderly Dependent Issues

• Innocent Spouse Relief Issues

• Filing Tax Returns for Low Income Filers