Other Taxes and Taxpayer Penalties provides an overview of miscellaneous taxes  that a taxpayer might be assessed from excess Social Security tax, additional taxes on IRAs, the Alternative Minimum Tax (AMT), and/or household employment taxes.

At the end of this course, the student will be able to do the following:

• ·         Understand how to complete Schedule 2 of Form 1040.


• ·         Explain when a taxpayer must repay the Premium Tax Credit.


• ·         Understand the taxability of excess Social Security.


• ·         Identify when a taxpayer must pay an additional tax on IRAs.


• ·         Explain when to use Schedule H.