Us Taxation Associate

Deloitte Shared Services India; Hyderabad; On-site; INR 600,000 - 800,000; Full time

Job summary

Deloitte Shared Services India in Hyderabad seeks a US Tax Specialist to prepare and review Form 1040 and related schedules for US individuals. You will gather documents, resolve discrepancies, and ensure accurate tax returns in compliance with US federal and state regulations.

Ideal candidates have experience with Form 1040, familiarity with US tax software/tools, and credentials such as EA or CPA. Strong communication skills are essential for collaboration with senior professionals and clients.

Qualifications

• Experience in US Tax / Individual Taxation.
• Experience handling multiple US individual tax returns (Form 1040).
• Familiarity with US tax preparation software and tax research tools.
• EA or CPA certification would be an added advantage.
• Good written and verbal communication skills.

Responsibilities

• Prepare and review Form 1040 and related schedules for US individuals.
• Review underlying financial and tax documents and identify missing/inconsistent information.
• Request and follow up on pending documentation for accurate tax returns.
• Identify and resolve discrepancies in client information and documents.
• Input and organize tax information for Form 1040 and related schedules.
• Perform US individual tax computations to determine taxable income and tax liability.
• Apply knowledge of US tax laws while preparing and reviewing individual tax returns.
• Coordinate with senior tax professionals to resolve tax-related queries.

Skills

US Taxation

Form 1040

Tax Computations

Communication

US Tax Software

EA/CPA

Education

EA or CPA certification

Tools

Tax Software

Job description

Role & responsibilities

• Prepare and review Form 1040 (US Individual Income Tax Return) and related tax schedules.
• Review underlying financial and tax-related documentation and identify any missing or inconsistent information.
• Request and follow up on pending documentation required for accurate tax return preparation.
• Identify and resolve discrepancies in client-provided information and supporting documents.
• Accurately input and organize tax information in the format required for Form 1040 and related schedules.
• Perform and review US individual tax computations to determine taxable income and tax liability.
• Apply knowledge of US tax laws while preparing and reviewing individual tax returns.
• Demonstrate strong understanding of various Form 1040 schedules, deductions, exemptions, and tax credits.
• Ensure tax returns are accurate, complete, and compliant with applicable US federal and state tax regulations.
• Research and stay updated on changes in US tax laws and individual taxation requirements.
• Coordinate with senior tax professionals and relevant stakeholders to resolve tax-related queries and issues.

Preferred candidate profile

• Experience in US Tax / Individual Taxation within a Big 4, accounting firm, tax consulting firm, or similar environment.
• Experience handling multiple US individual tax returns (Form 1040).
• Familiarity with US tax preparation software and tax research tools.
• EA (Enrolled Agent) or CPA certification would be an added advantage.
• Good written and verbal communication skills.