Converting a 1040 Personal Return to Cash Flow Part 1: Schedules B & C

Borrowers don’t repay debt with taxable income; they use cash flow. Can you accurately interpret personal tax returns and identify reliable, recurring income?

AFTER THIS WEBINAR YOU’LL BE ABLE TO:

• Understand recurring versus non-recurring incomes or losses from Page 1 of Form 1040
• Identify recurring and non-recurring income from Schedule B: Interest and Dividends
• Differentiate “pass-through” interest and dividend incomes from real cash flow earned from Partnerships or S Corporations
• Recognize four forms of hidden income and one hidden expense in Schedule C: Sole Proprietorships

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