Self-Employment, Education and Estimating Tax

Course Description:

This course was designed to expose the tax professional to a more complex level of tax return preparation. In addition to discussing adjustments to gross income, the course content will cover what constitutes self-employment income, the items which qualify as education in order to claim education credits, and guidelines for paying estimated tax payments. In addition, the course will briefly discuss deductible expenses related to work-related travel and entertainment.

Learning Objectives:

Identify applicable adjustments to gross income
Explain filing requirements including extensions and amended returns
Identify forgiveness of debt as income
Explain the self-employment tax adjustment to income
List important details about education credits
Identify deductibility of employee travel, transportation, education, and entertainment expenses
Explain the estimated tax payment requirements

Duration: 100 minutes
Who Should Attend: All tax practitioners advising individual clients
Course Level: Basic - story-based
Prerequisite: None
Advance Preparation: None
Delivery Method: Self Study - Internet Based
IRS CE: UBWMF-T-00350-25-S
CTEC: 6209-CE-00262
NASBA: 116347
Expiration: In accordance with NASBA standards, access to this course will terminate one year from the date of purchase. Incomplete courses will no longer be accessible beyond the one year deadline.

Last Modified: 10/9/2025