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AIB - PERSONAL TAX RETURN ANALYSIS
Course Description:
Personal Tax Return Analysis is designed to teach
students the basics of analyzing tax returns. The course begins with a
discussion about analyzing returns to determine a projected income.
Students will learn about income trends, recurring versus non-recurring
income, and how tax returns can be used as a sales tool. By the end of
the course students should be confident in analyzing personal tax
returns.
Audience:
Bank personnel who are in a position to obtain tax
returns from customers for lending analysis, yet have little or no
training in tax analysis.
Learning Objectives:
After completing this course, students will be able to:
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Describe what constitutes a complete tax return and
how to identify signs of fraud
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Identify income trends and non-recurring situations
used in analysis
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Describe the areas on tax returns that can be used to
identify cross-sell opportunities
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Analyze wage and tip income including the non-cash and
pre-tax benefits associated with the source of income
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Analyze taxable and non-taxable interest and dividend
income
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Describe and calculate the source of income
information on Schedule C
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Explain and calculate capital gains and losses
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Differentiate the areas on Schedule E and calculate
rental income
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Calculate limited partnership income
Prerequisites: None, although familiarity with general banking practices is recommended
Course Credits: AIB credits
- 0.5;
ICB credits - 9.75;
CEU credits - 1.0
Delivery Methods:
This course is available in the following formats:
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