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Federal Taxation of Individuals

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Overview

Subject code

ACC

Course Number

212

Description

This course involves the practical study of Federal Tax Law as related to the individual and sole proprietorship. Topics covered include history of Federal Income Tax, Personal and Dependency Exemptions, Cash and Accrual Methods, Gross Income inclusions and exclusions, Depreciation Methods, Property Transactions, Realization and Recognition of Gain or Loss, Deductions for and from Adjusted Gross Income (AGI), Itemized Deductions, Passive Activity rules and Tax Credits.

Career

ACAD

Credits

Value

0

Max

3

Min

3

Course Count

1

Number Of Credits

3

Number Of Repeats

1

Repeatable

No

Generate Attendance

No

Auto Create

No

Code

LEC

Instructor Contact Hours

0

Default Section Size

30

Final Exam Type

Yes

Include in Dynamic Date Calc

Yes

LMS File Type

BKB

Name

Lecture

OEE Workload Hours

0

Optional Component

No

Workload Hours

3

Requisites

Free Form Requisites

Prerequisite: ACC 121 (C or better). Course fee.

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