This course provides comprehensive instruction in federal income tax preparation for individuals. Students will study Form 1040, income items, deductions for adjusted gross income, itemized deductions, tax credits, and marginal and effective tax rates. Topics include the Internal Revenue Code, tax law interpretation, proper selection and completion of tax forms and schedules, and the ethical responsibilities of tax return preparers. Emphasis is placed on practical application using tax preparation software.
Prerequisites
Junior or Senior
Semester Offered
Fall
Online - Spring