Federal Income Taxation
Federal Income Taxation
MGMT X 127
This course explores individual income taxation issues, including tax determination, exemptions, gross income, general and itemized deductions, and all expenses, gains, and losses.
Typically Available
Fall
Winter
Spring
Summer
Duration
As few as 12 weeks
Units
4.0
Current Formats
Hybrid
Online
Cost
Starting at $945.00
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What you can learn.
What you can learn.
Learn skills to determine personal and dependent exemptions
Understand concepts and inclusions of gross income, general deductions and losses
Learn more about business expenses and losses, property tax gains and losses, nontaxable exchanges, and capital gains and losses
About This Course
This course explores individual income taxation issues, including tax determination; personal and dependents exemptions; concepts and inclusions of gross income; general deductions and losses; deduction of certain business expenses and losses; depreciation, cost recovery amortization and depletion; deduction of employee expenses; itemized deductions and losses; passive activity losses; property transaction gains and losses; nontaxable exchanges; and capital gains and losses. Transferable for UC credit.
Prerequisites
MGMT X 1A and MGMT X 1B Principles of Financial Accounting or consent of instructor.
Summer 2026 Schedule
Date
Details
Format
-
This section has no set meeting times.
REG#
408728
Fee:
$945.00
Hybrid
UCLA
Notes
This hybrid section is made up of In Person and Live Online instruction.
International Students: This hybrid section is considered In Person for immigration purposes.
Deadline
Refunds only available from April 27, 2026 to July 05, 2026
Course Requirements
Course syllabus not yet available.
-
This section has no set meeting times.
Online
Deadline
Refunds only available from April 27, 2026 to July 05, 2026
Course Requirements
Course syllabus not yet available.
Book:
South-Western Federal Taxation: Individual Income Taxes, 2025 Edition
by James C. Young/Annette Nellen/William A. Raabe/Mark Persellin/Sharon Lassar/Andrew D. Cuccia/Brad Cripe
©2026
ISBN 9798214044019
This course applies toward the following programs
Accounting
certificate
certificate
Gain a thorough understanding of accounting standards and principles to prepare for the new core Certified Public Accountant (CPA) Examination.
Gain a thorough understanding of accounting standards and principles to prepare for the new core Certified Public Accountant (CPA) Examination.
Taxation
certificate
certificate
Learn essential core tax concepts, industry-relevant skills and technical know-how necessary for a career in tax preparation and representation.
Learn essential core tax concepts, industry-relevant skills and technical know-how necessary for a career in tax preparation and representation.