Decrypting Personal Tax Returns Part 1: Form 1040, Schedules B & C

Date:

Feb 23, 2026

Register

Unlock the secrets behind personal tax returns to reveal true cash flow — the key to loan repayment.

Learn how to decrypt Form 1040, Schedules B and C, and convert taxable incomes into reliable monthly or annual cash flow statements. With practical techniques and the free Lenders Tax Analyzer© software provided, you will gain the skills to transform tax data into actionable insights for credit scoring, debt-to-income analysis, and disposable income calculations.

Agenda

February 23, 2026
11:00 am - 12:30 pm EST

What does a lender need from a personal tax return? Cash flow. Cash flow pays back the loan. However, tax returns do not show cash flow directly. They show taxable incomes. Therefore, a lender needs the “secret code” to decrypt a tax return and obtain a reliable monthly or annual cash flow.

In Part 1 of this two-part series, you will learn to cash flow the front page of Form 1040, Schedule 1 (which covers a wide variety of taxable incomes), Schedule B (interest and dividend incomes), and Schedule C (sole proprietorship incomes). With this process, and the free Lenders Tax Analyzer© software that each registrant receives, you learn an easy and reliable method to convert a borrower’s personal tax return (Form 1040) into a borrower’s cash flow statement.

Topics

KEY WEBINAR TAKEAWAYS:

  • Learning that just because an income is taxed doesn’t mean the income exists
  • Understanding the concept of recurring incomes as cashflows and ignoring the rest
  • Determining cash flows from interest earning investments and dividend producing investments
  • Calculating the cash flow from Schedule C – Sole Proprietorships
Speaker(s)

Tim Harrington
TEAM Resources

Tim Harrington is founder and CEO of TEAM Resources and has been a financial institution consultant for over 30 years. Tim has advised lenders on verifying income from tax returns since 1992, and consults with financial institutions nationwide on issues of strategy, profitability, and board governance. He speaks at nationwide conferences and has presented in Canada, Mexico, Austria, Puerto Rico, Jamaica, and the Virgin Islands. Tim is the author of the popular software, Lenders Tax Analyzer. In addition, his book, Eisenhower on Enlightened Leadership, has been used by management teams nationwide to improve leadership skills. He did his undergraduate studies at Gonzaga University and graduate studies at the University of Washington.

Additional Information

WHO SHOULD ATTEND?

  • Chief Lending Officers
  • CSRs
  • New accounts personnel
  • Loan officers
  • Loan underwriters
  • Loan sales officers
  • Credit analysts
  • Loan processors
  • Branch managers
  • CEOs
  • Other key staff in the lending process

TAKE-AWAY TOOLKIT

  • Every participant will receive a free copy of the popular Lenders Tax Analyzer© software for personal income tax returns
  • Employee training log
  • Interactive quiz
  • PDF of slides and speaker’s contact info for follow-up questions
  • Attendance certificate provided to self-report CE credits

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

Fees

Live Webinar - $279

  • Unlimited connections for your institution
  • Available on desktop, mobile & tablet
  • Take-away toolkit
  • Presenter’s contact info for questions

On-Demand Webinar - $279

  • Unlimited & shareable access starting two business days after live stream
  • Available on desktop, mobile & tablet devices 24/7
  • Take-away toolkit
  • Ability to download webinar video
  • Presenter's contact info for questions

Live + On-Demand - $379

Get the best of both and save when you Bundle the Live & On-Demand Webinar registration! This option includes all the items listed above.

**100% surcharge applied to non-members.

Association Contact

Katie Yates
Education Coordinator
o: 317-387-9380
d: 317-333-7162
kyates@indiana.bank