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The Basics of Tax Preparation

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Roosevelt University

Presenter: Dr. David Knutsen, Assistant Teaching Professor of Accounting at Roosevelt University

In this 60minute webinar we cover the basic components of a 1040, U.S. Individual Income Tax Return. Topics discussed include, income items, adjustments to income, itemized deductions vs. the standard deduction, calculating your tax liability and, determining your balance due or refund amount.

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