Federal Income Taxation
This course explores individual income taxation issues, including tax determination, exemptions, gross income, general and itemized deductions, and all expenses, gains, and losses.
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.
It is advisable that you complete the following (or equivalent) since they are prerequisites for Federal Income Taxation.
Winter 2020 Schedule
These courses are fully online, and there are no in-person classroom meetings.
These courses meet in person and make use of an online presence to varying degrees.
Two meetings to be arranged.