Deducting Taxes, Interest, and Charitable Contributions – 2019 Law – Self-Study (No Videos)
Schedule A is one of the most frequently used IRS forms. This is the second of four courses we offer which provides a detailed look at the rules and limits that affect taxpayers who itemize deductions.
- Deductible taxes including: Income and sales taxes, property taxes, foreign taxes
- Calculating the taxability of refunds
- Deductibility of mortgage interest including: acquisition and home equity loan interest, mortgage insurance premiums, seller financed mortgage payments
- How to read closing papers and determine which amounts are deductible
- Investment interest expenses and how to complete Form 4952 Investment Interest Expense
- Cash and non-cash contributions to charity
- Volunteer expenses
- Limits on charitable deductions
At the conclusion of this course you should be able to:
- Identify which kinds of taxes are deductible
- Be familiar with settlement statements from home purchase/sales and how to identify items on these statements that affect tax returns
- Explain the rules relating to deductibility of investment interest expense and be able to complete Form 4952
- Explain the rules relating to deductibility of mortgage interest and points
- Identify when a charitable contribution is deductible
- Prepare Form 8283 to report donations of noncash items to charity
Self-Study (No Videos)
2019 Tax Law
|IRS (Federal Tax Law)||4 Hours|
|Oregon Tax Board||4 Hours|
Field of Study
Basic tax knowledge
Self-study (No Videos)
IRS Federal Program Number
Meet Your Instructor
April Gutierrez, Enrolled Agent:
Known for her entertaining speaking style and ability to make a complex subject easy to understand, April is frequently invited to speak to business groups and news media on tax-related topics. She has a B.A. in Communication Studies from Murdoch University in Perth, Australia. She obtained her Oregon LTC in 1995.April resides in Portland, Oregon, with her husband Jess and their two sons. Her pastimes include gardening, travel, and playtime with her Arabian horse, Fancy.
liked the examples to clarify the tax law
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Disclosures and School Policies
Terms of Enrollment
Pacific Northwest Tax School’s course materials and teaching techniques are valuable proprietary information of Pacific Northwest Tax School, and all such information is subject to copyright, including written, recorded, internet based as well as all other electronic media. Each Student agrees that she/he will use the information only for purposes of education and training; and as a condition of enrollment, that they will not disseminate the information to any third party and will treat the materials as confidential information of Pacific Northwest Tax School. As a condition of enrollment, Students pledge not use any information in any competitive fashion, including to create or derive competitive materials. Students further agree that any breach of these terms and conditions shall cause the school irreparable harm, entitling Pacific Northwest Tax School to injunctive relief, as well as any other remedy that may be available at law or equity. Students taking continuing education courses shall have twelve months from date of enrollment to successfully complete the course and receive their Certificate of Completion. Students taking the federal only portion or the Oregon 80 Hour Basic Tax Course students have nine months from the date of enrollment to sucessfully complete the course.
Basic Tax Law
Students taking any Basic Tax Law course, agree to comply with all Terms of Enrollment outlined the enrollment agreement form for that course, a link to which can be found on the catalog page for each Basic Tax course.
Prerequisites & Advance Preparation
Students intending to write the Oregon State Tax Exam, must be at least 18 years of age, and have High School Diploma or GED. Students using our self-paced internet based program should prepare for classes by downloading and printing course materials. For more information including detailed course descriptions and learning objectives, view the details of each course, located on Pacific Northwest Tax School’s catalog pages at: https://www.pnwtaxschool.com/list-of-all-courses/
Continuing professional education courses including interactive, non-interactive and correspondence program fees are non-refundable and non-transferable. Webinars/Webcasts are non-transferable and in most cases non-refundable. A student may choose to be switched to another Webinar/Webcast of equal or lesser value if a conflict with the scheduled time exists. In the case of a missed Webinar/Webcast a request to transfer to a new Webinar/Webcast must be made with 48 hours of when the Webinar/Webcast aired. Refunds will be issued ONLY prior to the start of the Webinar/Webcast. A $15.00 processing fee will be withheld from all refund amounts. For more information regarding administration policies including complaints and refunds, please contact our offices at 503-646-5600.
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