• Determine the filing status and interpret the filing requirements for individual taxpayers.
• Determine gross income inclusions and exclusions around dividends and interest.
• Differentiate the taxability of deferred income, Social Security benefits, and other taxable income.
• Apply the specific rules for the deductibility of travel and entertainment expenses as they relate to business or rental transactions in preparing income tax returns.
• Recognize education-related expenses and the rules for Health Savings Accounts.
• Distinguish between standard and itemized deductions including medical expenses, interest, taxes, charitable contributions, theft losses, and miscellaneous deductions.
• Gather the necessary information required to include tax credits on an individual tax return.
• Recognize when the Medicare payroll tax will affect an individual.
• Identify the applicability of the Medicare tax on NII.

• Filing requirements and personal exemptions
• Gross income inclusions, exclusions, and adjustments
• Travel and entertainment
• Standard and itemized deductions
• Tax credits
• Tax phase-out provisions for high-income taxpayers
• 3.8% net investment income (NII) tax
• Income exclusions
• Hot tax planning strategies for individuals and small businesses
• Roth IRA, IRA, and retirement plan options
• Section 199A qualified business income deduction

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