The REG test includes lots of questions on individual income taxes paid through Form 1040, and studying this topic requires a great deal of focus. To understand the big picture, print off a Form 1040 individual tax return and scan the line items in the return.
You might be wondering:
How do I learn all of this detail? As you work practice questions on individual taxes, stop and confirm where the question topic is posted in Form 1040. A question about dividends, for example, would be posted to the income section, while an estimated tax payment would be recorded in the payments section.
Over time, you’ll be able to visualize each section of Form 1040, and that will help you pull all of the individual tax ideas together.