Other Income

**This course is now expired and no longer qualifies for IRS CE Credit. To avoid study material confusion, the course materials and final exam have been removed from this course.

 

IRS Program Number: YH9W1-T-00018-17-S
CE Credits: 1 hour
IRS Category: Federal Tax Law
Delivery Type: Online Self-Study
Exam Questions: 5
Please Note: This course is a component of “Income Tax for Individuals” course ID T-00014-17, and therefore we recommend not taking both courses in the same reporting period.

Course Syllabus

Course Description
This self-study courses discusses the taxability of various types of other income such as: Canceled Debts, Life Insurance Proceeds, Partnership Income, S Corporation Income, Recoveries, Rents from Personal Property, Repayments, Royalties, and Unemployment Benefits. This is a Basic tax course with no prerequisites, and qualifies for 1 CE credit in IRS Federal Tax Law.

Learning Objectives

  • Identify the taxability of various types of other income such as: Canceled Debts, Life Insurance Procceds, Partnetship Income, S Corporation Income, Recoveries, Rents from Personal Property, Repayments, Royalties, and Unemployment Benefits.

Course Assignments

  • Study each Chapter
  • Answer review questions at the end of each chapter
  • Pass the Final Exam with a score of 70 percent or better

Final Exam and Certification
The final exam consists of 5 multiple-choice questions on the information covered in the course materials. To receive credit for this course, you must click on the Exam below to initiate the exam. A passing score of 70 percent or better will receive course credit and a Certificate of Completion.

 

<Course Materials Removed (Out-dated)>

Course Content

ExamsStatus