Jan 31

Understanding Personal Tax Returns Part 1: Schedules A, B, C & D

Registration Options & Pricing

Please select your membership status.

Recorded Webinar Includes

  • Recording of the Live Webinar
  • Available 6 business days following Live date
  • Available for 6 months following Live
  • Handout and Take-Away Toolkit
  • Available on Desktop, Mobile & Tablet
  • Free Digital Download, yours to keep
  • Share link with anyone at your credit union
  • Presenter’s contact info for follow-up

10:00 am – 11:30 am HST
12:00 pm – 1:30 pm PT
1:00 pm – 2:30 pm MT
2:00 pm – 3:30 pm CT
3:00 pm – 4:30 pm ET

Regardless of recent tax reform talk, determining a self-employed borrower’s cash flow is as challenging as ever. Tax returns show taxable income, not cash flow. But borrowers don’t repay debt with taxable income; they use cash flow. Overestimating income from a tax return can lead to approving a weak loan that could result in a loss. Underestimating income can cause denial of good loans. Learn an easy, reliable process to convert a borrower’s personal tax return (Form 1040) into a cash flow statement using the free software included with this course.

This session is designed for consumer and commercial lenders and will cover the first page of the Form 1040: Schedule A (Itemized Deductions), Schedule B (Interest and Dividend Incomes), Schedule C (Sole Proprietorship Incomes), and Schedule D (Capital Gains and Losses). (Note: This method does not follow Fannie, Freddie, or QM rules used in mortgage lending.)

Continuing Education: Attendance verification for CE credits upon request


  • Recurring versus nonrecurring income or loss
  • Determining cash flow from deposit accounts, stock investments, etc.
  • Pass-through interest and dividend incomes from partnerships and S Corporations
  • Hidden incomes and a hidden expense in Schedule C
  • When to accept income from capital gains, installment sales, and other sales

    • Free copy of Lenders Tax Analyzer© software
    • Employee training log
    • Quiz you can administer to measure staff learning and a separate answer key


"Understanding Personal Tax Returns Part 2: Schedules E & F"
Tuesday, February 27, 2018


This informative session is designed for anyone in the lending area including chief lending officers, service representatives, sales staff, new accounts personnel, loan officers, loan underwriters, credit analysts, loan processors, branch managers, CEOs, and other key lending staff.

NOTE:  All materials are subject to copyright. Transmission, retransmission, or republishing of any webinar to other institutions or those not employed by your financial institution is prohibited. Print materials may be copied for eligible participants only.


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