Self Study: Annual Federal Tax Refresher (910)

Register for this course:

The meeting times for this class are in the past. Please check here for additional meeting times.

Meeting Times:

Available for purchase through Saturday, December 31, 2022 Mountain Time.


This course is in the past and can no longer be purchased.

Delivery Method:

Self Study

Credit Hours:

6.0 IRS Federal Tax Refresher MF2AY-A-01266-22-S

Field of Study:


Course Level:



Working knowledge of U.S. federal income taxation

General Description:

This course is only for non-exempt preparers who wish to earn the IRS Annual Filing Season Program record of completion.
CPAs and enrolled agents are not allowed to earn credit for this course.

THIS SELF-STUDY COURSE WILL BE AVAILABLE IN MID-OCTOBER 2022. It will incorporate video from the seminar taught live on 9/26/2022.

The course is a high level overview of IRS-specified topics related to preparation of 2022 tax returns in 2023, and in order to receive credit, the IRS requires you pass a 100-question exam over those topics. You take the exam online, any time after you attend the course through December 31, 2022. You have three hours in one sitting to complete the exam. You must complete the exam with a passing score (70%) by midnight on December 31, 2022. You may attempt the exam up to 8 times if necessary. For more information on the IRS Annual Filing Season Program, see

Learning Objectives:

Domain 1 - New Tax Law/Recent Updates

  • Annual inflation adjustments (Rev. Proc. 2021-45, Rev. Proc. 2021-25, Notice 2021-61)
  • New standard mileage rates (Notice 2022-03)
  • Third-Party Network Transactions (Form 1099-K) change in reporting requirement to greater than $600
  • 3-yr repayment of COVID-19 related distributions from retirement accounts now on Form 8915-F (replacing Form 8915-E)
  • Adjustment for charitable contributions in cash for nonitemizers has not been extended
  • Current status of tax extenders:
    • Credit for non-business energy property has not been extended
    • Itemized deduction for mortgage insurance premiums has not been extended
    • Exclusion of cancellation of debt income from qualified principal residence indebtedness extended through 2025
  • American Rescue Plan Act impact on 2021 returns
Domain 2 - General Review
  • Taxability of earnings (e.g., wages, salaries, tips)
  • Schedule B: interest, dividends, foreign accounts and trusts
  • Reporting and taxability of retirement income (Social Security benefits, pensions, annuities, 401(k) distributions)
  • IRAs (contributions, deductions, distributions and 10% penalty)
  • Reporting and taxability of unemployment compensation
  • Alimony (divorce agreements executed before 2018; executed after 2018; and modified after 2018)
  • Reporting and taxability of Form 1099-K, Payment Card and Third-Party Network Transactions
  • Schedule C, Profit or Loss from Business (Sole Proprietorship)
    • Determination of gross income & deductions
    • Business versus hobby
    • Business use of home (regular vs. simplified method)
    • Recordkeeping requirements
    • Entertainment expenses (100% of business meals deductible)
    • Section 179 expense limits
    • Depreciation
      • Bonus depreciation
      • Luxury auto depreciation limits
      • Listed property updates
  • Schedule D and Form 8949, overview of capital gains and losses
  • Standard Deduction
  • Schedule A, Itemized deductions
    • Medical and dental expenses
    • State and local tax deduction ($10,000 married/$5,000 married filing separate)
    • Home mortgage interest and home equity loans
    • Charitable contributions
      • 60% AGI limit for cash contributions suspended
      • Contemporaneous written acknowledgement required for $250 or more
    • Federally declared disaster area casualty loss deduction (including loss deduction for non-itemizers)
    • Moving expense deduction suspended and reimbursement taxable (except active military)
    • Recordkeeping and documentation of deductions
  • Tax credit eligibility (child tax credit, credit for other dependents, child and dependent care tax credit, education tax credits, earned income tax credit)
  • Overview Topics
    • Tax treatment of the acquisition and disposition of virtual currency (Notice 2014-21)
    • Alternative Minimum Tax (AMT) - exemption/phaseout amounts
    • QBI deduction (including Form 8995 and Form 8995-A)
    • Kiddie Tax
    • Section 529 Plans
    • Achieving a Better Life Experience (ABLE) account
    • Cancellation of student debt (when to exclude from income)
    • Net operating loss (NOL)
    • Premium Tax Credit
    • Employee fringe benefits
    • Depreciation of rental property
  • Withholding and estimated tax payments
  • Balance due and refund options
  • Tax return due dates and filing for extensions
Domain 3 - Practices, Procedures and Professional Responsibility
  • Tax-related identity theft (Pub. 5199)
  • Safeguarding taxpayer data (Pub. 4557)
  • Overview and expiration of Individual Taxpayer Identification Numbers (ITINs) (Notice 2016-48)
  • Preparer penalties (cost of living adjustments to penalty amounts found in Rev. Proc. 2021-45)
  • Tax preparation due diligence (for filing as head of household, earned income tax credit, child tax credit, and American opportunity tax credit)
  • E-file requirements (e.g., no pay stub filing, when to get signature form, timing for handling rejects)
  • Annual Filing Season Program Requirements (Pub. 5227)
    • Circular 230 and consent to Circular 230 rules
    • Limited representation


Mark A. Vogel is a retired professor and director of the University of Denver Graduate Tax Program, where for 38 years he taught courses in individual, fiduciary, tax accounting, partnership, and corporate taxation. He is the author of Divorce Taxation Guide (John Wiley & Sons) and Individual Taxation (Shepards/McGraw-Hill). He received a J.D. and LL.M. in Taxation from the University of Denver College of Law and an undergraduate accounting degree from the University of Notre Dame. He is also a CPA licensed in Illinois.

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