What is an exemption? Who qualifies as a dependent? How do you report interest from a Form 1099? Are you among the millions of Americans who find themselves confused about tax terms and forms? Maybe you are interested in learning more about the basic concepts behind taxes. This Taxes 101 course is designed to help take the mystery out of taxes.
The IRS provides 14 self-paced modules that aim to guide students through learning the basics of tax terms and principles, how to apply them, step-by-step approach to tax preparation, as well as provide you with the foundational information needed to electronically file your own tax return.