Fundamentals of Taxation 2017 Edition
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- Organized closely to follow the IRS tax forms giving students the opportunity to understand the principles behind tax law while they learn how to work with clients to obtain the information they will need to complete tax forms.
- Presents a tax issue, discuss the legal requirements, illustrate the proper tax form placement, and show the completed form in the text.

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Table of Contents

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Program Details

Chapter 1: Introduction to Taxation, the Income Tax Formula, and Form 1040 EZ
Chapter 2: Expanded Tax Formula, Forms 1040A and 1040, and Basic Concepts
Chapter 3: Gross Income: Inclusions and Exclusions
Chapter 4: Adjustments for Adjusted Gross Income
Chapter 5: Itemized Deductions
Chapter 6: Self-Employed Business Income (Line 12 of Form 1040 and Schedule C)
Chapter 7: Capital Gains and Other Sales of Property (Schedule D and Form 4797)
Chapter 8: Rental Property, Royalties, and Income from Flow-Through Entities (Line 17, Form 1040, and Schedule E)
Chapter 9: Tax Credits (Form 1040, Lines 46 through 54 and Line 66a through 73)
Chapter 10: Payroll Taxes
Chapter 11: Retirement and Other Tax-Deferred Plans and Annuities
Chapter 12: Special Property Transactions
Chapter 13: At-Risk/Passive Activity Loss Rules and the Individual Alternative Minimum Tax
Chapter 14: Partnership Taxation
Chapter 15: Corporate Taxation