L2T Academy
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US Tax Filing

Navigate Form 1040 with confidence. From filing status through deductions and credits — a complete walkthrough built from IRS primary sources.

21 lessons2 levelsFree
100

Foundation

Form 1040 from scratch — every line, every decision explained.

Walk through every section of Form 1040 with line-by-line guidance. From personal information and filing status through income, deductions, and credits — built from the actual IRS form and verified against primary sources.

IRS Form 1040 Instructions, IRS Publications 501, 504, 971, and primary IRS sources

01
Form 1040 — Personal Information and Filing Status

The first section of Form 1040 contains the most consequential decision you'll make on the entire return. Every field has specific requirements and the wrong filing status can cost thousands of dollars.

25 min
02
Form 1040 — Dependents Section

Listing dependents drives the Child Tax Credit, the Credit for Other Dependents, and filing status eligibility. The form's table is simple — the rules behind it are not.

22 min
03
Form 1040 — Income Section (Lines 1 Through 9)

All eight income types on Form 1040 in one place — alphabetically organized so you read only the subsections that apply to your situation.

55 min
04
Adjustments to Income and Schedule 1-A Deductions

Above-the-line deductions that reduce AGI, plus the four new OBBBA deductions on Schedule 1-A.

45 min
05
Standard Deduction vs. Itemized Deductions and Schedule A

The largest single reduction on most returns — how to calculate both sides and choose correctly for 2025.

40 min
06
Tax Calculation

How Form 1040 line 16 converts taxable income into your federal tax bill using brackets, worksheets, and preferential rates.

30 min
07
Credits

How tax credits reduce your bill — and when they generate refunds

25 min
08
Other Taxes (Schedule 2)

The additional taxes added on top of regular income tax — self-employment tax, NIIT, Additional Medicare Tax, and more.

35 min
09
Payments, Refund, and Balance Due

The final section of Form 1040 — how withholding and estimated payments compare to total tax to produce your refund or amount owed.

30 min
200

Applied

Your career, your situation — taxes built around who you actually are.

Career-specific and situational lessons for every type of filer. W-2 employees, retirees, self-employed, real estate investors, farmers, S-corp owners, partners, international filers, life events, disabilities, ACA, and Roth conversions — each with the full depth their situation requires.

IRS Publications, IRC primary sources, SECURE Act, OBBBA, and career-specific IRS guidance

01
W-2 Employees: Career-Specific Considerations

Situational guidance for multi-job households, military service, stock compensation, tipped workers, and more

55 min
02
Retirees: Career-Specific Considerations

Coordinating multiple income sources, managing RMDs, executing Roth conversions, and optimizing withdrawal sequencing in retirement

45 min
03
Self-Employed and Gig Workers: Career-Specific Considerations

Schedule C, business expenses, home office, vehicle deductions, QBI, estimated payments, retirement plans, and gig-worker rules

60 min
04
Real Estate Investors

Passive activity rules, depreciation, REP status, short-term rentals, 1031 exchanges, and the full tax picture for rental property owners.

70 min
05
Farmers and Ranchers

Schedule F, livestock treatment, income averaging, weather deferrals, farm depreciation, and the provisions unique to agricultural operations

40 min
06
Business Owners with S-Corporation Elections

S-corp elections, reasonable compensation requirements, payroll obligations, basis tracking, and when the S-corp strategy makes sense

55 min
07
Partners in Partnerships and Multi-Member LLCs

How K-1 income flows to your personal return, SE tax rules for general and limited partners, basis tracking, guaranteed payments, and partnership-specific considerations

35 min
08
Filers with International Tax Considerations

FEIE, Foreign Tax Credit, FBAR, and the full toolkit for US citizens abroad and residents with foreign income

50 min
09
Filers Going Through Major Life Changes

Marriage, divorce, new children, inheritance, retirement, disability — every major life event has specific tax implications that can create lasting consequences if handled incorrectly.

65 min
10
Filers with Disabilities and Their Caregivers

ABLE accounts, disability-related medical deductions, impairment-related work expenses, credits, caregiver tax issues, special needs trusts, and disability income taxation

55 min
11
ACA Premium Tax Credit in Depth

How the Premium Tax Credit works, MAGI calculation, APTC reconciliation, Form 8962, repayment caps, income management strategies, and the critical 2026 subsidy cliff return

50 min
12
Roth Conversion Mechanics and Strategy

The mechanics, pro-rata rule, five-year rules, backdoor strategies, bracket-filling, and when conversions help versus hurt

65 min