Tax Return Workshop — Form 1040 & Form 1120-S

Practice Filing Real Tax Returns — Form 1040 & Form 1120-S

Learn to prepare individual and S-Corporation tax returns with AI-generated scenarios. Interactive IRS-style forms, real calculations, instant feedback.

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IRS Forms

IRC

Cited in every answer

Generated scenarios

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Unique tax returns

What You Will Practice

Two Core IRS Forms

Individual returns and S-Corporation returns — the two most common return types

Individual Tax Return

Form 1040

Filing status and dependents
W-2 income and self-employment income
Schedule A — Itemized deductions
Schedule B — Interest and dividends
Schedule C — Business income
Schedule D — Capital gains and losses
Credits: Child tax credit, EIC, education credits
AMT calculations
Tax liability and refund / amount due

S-Corporation Tax Return

Form 1120-S

S-Corporation income and deductions
Schedule K — Shareholders share of income
Schedule K-1 — Individual shareholder reporting
Built-in gains tax
Distributions vs salary
Basis calculations
Adjustments from accrual to cash basis
Schedule M-1 reconciliation
Officer compensation

How It Works

Four Steps to a Complete Tax Return

The same workflow a tax professional uses — every single session

Read the taxpayer narrative

Each session starts with a realistic scenario — specific income, deductions, and credits for a fictional taxpayer or S-Corporation.

Fill in the interactive IRS-style form

The form looks and functions like the real IRS form. Enter numbers in the actual line fields, just like you would on a real return.

Calculate line by line

Work through the form sequentially — just like preparing a real return. No multiple choice, no shortcuts.

Get instant AI feedback

See which lines are correct and which need revision. Every error is explained with the relevant IRC section and calculation method.

Who Is This For

Built for Anyone Who Prepares Taxes

Students, professionals, and business owners — all benefit from hands-on form practice

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Accounting students

Taking tax courses or preparing for tax internships

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EA exam candidates

Parts 1 and 2 require deep individual and business tax knowledge

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CPA exam candidates

REG section covers federal taxation for individuals and entities

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Tax professionals

Sharpen skills or learn forms you rarely encounter in your practice

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Anyone with a tax return

Understand exactly what your own Form 1040 is calculating

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Business owners

Learn how S-Corporation taxation and distributions actually work

What Makes It Different

Real Form Preparation, Not Test Prep

Most tax practice tools use multiple choice. This one makes you prepare the actual form.

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Interactive IRS-style forms — not multiple choice

You fill in the actual line numbers on a form that looks like the real IRS document. Actual form preparation, not test-taking shortcuts.

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AI-generated realistic scenarios

A different taxpayer or S-Corporation every session. Varied income types, deductions, and life situations — never the same question twice.

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Instant feedback with IRC citations

Every explanation references the Internal Revenue Code section controlling the answer. You learn the tax law as you practice.

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Both individual AND corporate returns

Most practice tools cover Form 1040 only. This workshop includes Form 1120-S — complete tax preparation practice.

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Connects to EA and CPA exam prep

The same form preparation skills tested on the EA exam (Parts 1 & 2) and CPA REG section. Practice that directly maps to exam success.

Pricing

Included in Pro — Starts at $4/month

The Tax Return Workshop is included with all paid plans

Pro