It is important to remember the basic principle of all deductions: deductions are not allowed unless specifically authorized by law. Further, no deduction is allowed for personal, living, or family expenses (including medical expenses) unless specifically authorized. [IRC Sec. 262(a)] It is important to determine whether a deduction is taken for adjusted gross income or from adjusted gross income. This course focuses on the latter, the below-the-line deductions. This course is most beneficial to professionals new to deductions from adjusted gross income who may be at the staff or entry level in organization but also for a seasoned professional with limited exposure to deductions from adjusted gross income.

By proceeding to the examination, you acknowledge and confirm that you have completed the required coursework.