Fundamentals of Preparing Form 1120

There is more to preparing a U.S. Corporation Income Tax Return (Form 1120) than just completing the forms. This course provides a tax practitioner with a better understanding of corporate tax concepts, tax methods, and common adjustments to taxable income. In addition, this course provides a process with general steps to follow in the preparation of the tax return. An interactive case study reinforces the application of the concepts and the tax return preparation process from start to finish.

Prerequisites are not necessary to participate in this course and no advance preparation is needed.

Affiliation* CPE Awarded Delivery Method Field of Study Course ID Sponsor ID
CPE Facts
NASBA 3 Self-Study Taxes N/A 103137
CTEC 3 Self-Study Federal Tax Law 3038-CE-0218 3038
IRS 3 Self-Study Federal Tax Law FQTGU-T-00323-19-S FQTGU
Texas State Board of Accountancy 3 Self-Study Taxes 100280 002921
Pennsylvania State Board of Public Accountancy 1.5 Self-Study (Non-Interactive) Taxes N/A

* Individuals with other professional credentials should check with their state licensing board or accrediting organization to determine if this program meets their continuing education requirements.



Drake Software is an IRS-qualified sponsor of continuing professional education.


Drake Software is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website,


Drake Software has been approved by the California Tax Education Council to offer Fundamentals of Preparing Form 1120, CTEC # 3038-CE-0218, which provides 3 hours of federal credit and 0 hours of state credit towards the annual continuing education requirement imposed by the State of California. A listing of additional requirements to register as a tax preparer may be obtained by contacting CTEC at P.O. Box 2890, Sacramento, CA 95812-2890, at (877) 850-2832, or at


Drake Software is registered with the Texas State Board of Public Accountancy as a CPE sponsor. This registration does not constitute an endorsement by the Board as to the quality of our CPE program.

Course Policies

Send cancellation requests to Requests must be made within 30 days of purchasing the course. To be granted a full refund, you must not have completed and earned continuing education for the course. No refunds will be issued after the course expiration date. For more information regarding the refund policy or to address concerns or complaints regarding courses, contact the DrakeCPE support team at


Other Details
Last Revision October 2019
Course Expiration The CPE portion of this course expires one year from date of purchase