Enrolled Agent, CPA, US tax Preparation: Residential Status, U.S. Individual Taxation: Residential Status and Prior Year Tax Returns.
Course Description
This course is designed for tax professionals, preparers, and finance students looking to master U.S. individual taxation rules for residents and non-residents. You’ll learn how to determine residency status under IRS guidelines, navigate the Substantial Presence Test, and correctly interpret prior year returns to avoid errors, apply carryforwards, and ensure accurate filings.
Whether you’re handling taxes for clients, working in compliance, or studying U.S. tax law, this course will provide practical insights into residency-based filing obligations and tax treatment.
What you’ll learn
- How to determine resident and non-resident status
- Substantial Presence Test vs. Green Card Test
- Dual-status tax rules and how to apply them
- Filing obligations for U.S. residents and non-residents
- Sourcing income correctly based on residency
- Understanding tax treaty benefits and limitations
- Using prior year tax returns for better tax planning
- Carryforward of unused deductions and credits
- Amending errors on prior returns using IRS guidelines
- Common documents needed for accurate tax return filing
- Practice questions to test your knowledge
Who this course is for
- Tax professionals working with U.S. individual clients
- International students or immigrants navigating U.S. tax rules
- CPAs, EAs, and tax preparers seeking clarity on residency rules
- Finance and accounting students preparing for tax certifications
Free
