12. H&R Block
Business Income
•How is gross income computed?
13. H&R Block
Business Income
•How is gross income computed?
•How is gross income of a business figured?
14. H&R Block
Business Income
•How is gross income computed?
•How is gross income of a business figured?
•What is gross income attributable to business
use of home?
16. H&R Block
Business Expenses
•What is an ordinary and necessary?
17. H&R Block
Business Expenses
•What is an ordinary and necessary?
•What expenses can be deducted?
18. H&R Block
Business Expenses
•What is an ordinary and necessary?
•What expenses can be deducted?
•What expenses are not deductible?
19. H&R Block
Business Expenses
•What is an ordinary and necessary?
•What expenses can be deducted?
•What expenses are not deductible?
•What records does a taxpayer need to
keep?
22. H&R Block
Self Employed Individuals
•Who must file Schedule SE?
•Where is self employment income reported?
23. H&R Block
Self Employed Individuals
•Who must file Schedule SE?
•Where is self employment income reported?
•Must a taxpayer deduct all of his self employment expenses?
24. H&R Block
Self Employed Individuals
•Who must file Schedule SE?
•Where is self employment income reported?
•Must a taxpayer deduct all of his self employment expenses?
•What should an employee do if he or she received form 1099-
misc rather than form W-2?
26. H&R Block
Tip Income
•How does an employer report tip income for purposes of
payroll taxes?
27. H&R Block
Tip Income
•How does an employer report tip income for purposes of
payroll taxes?
•Does a taxpayer have to pay taxes on allocated tips included
in the W-2 but not actually received?
29. H&R Block
Educational Credits
•Who may claim the Hope Credit?
30. H&R Block
Educational Credits
•Who may claim the Hope Credit?
•What is the American Opportunity Tax Credit?
31. H&R Block
Educational Credits
•Who may claim the Hope Credit?
•What is the American Opportunity Tax Credit?
•Who qualifies for the lifetime learning credit?
32. H&R Block
Educational Credits
•Who may claim the Hope Credit?
•What is the American Opportunity Tax Credit?
•Who qualifies for the lifetime learning credit?
•What is the tuition and fees deduction?
34. H&R Block
Educational Credits
•May a taxpayer claim an education credit or deduction
for education expenses paid with a student loan?
35. H&R Block
Educational Credits
•May a taxpayer claim an education credit or deduction
for education expenses paid with a student loan?
•Does Paul Mitchell The School qualify for education
benefits?
36. H&R Block
Educational Credits
•May a taxpayer claim an education credit or deduction
for education expenses paid with a student loan?
•Does Paul Mitchell The School qualify for education
benefits?
•May a individual use more than one educational benefit in the
same tax year?
38. H&R Block
Educational Expenses
•What are qualifying education expenses?
39. H&R Block
Educational Expenses
•What are qualifying education expenses?
•Is a computer a qualified education expense?
40. H&R Block
Educational Expenses
•What are qualifying education expenses?
•Is a computer a qualified education expense?
•What expenses are deductible for work related
education?
41. H&R Block
Educational Expenses
•What are qualifying education expenses?
•Is a computer a qualified education expense?
•What expenses are deductible for work related
education?
•Is the cost of books a qualifying education expense?
