ACCTG 217 - Individual Income Tax Procedures

5 Credits

Provides an introduction to taxation with the primary focus being on Individual Income tax laws, regulations, judicial resources, and administrative requirements. Provides the foundation and fundamental background for conducting tax research and resolving issues involving individual Income taxation.

Pre-requisite(s) ACCTG 121 min 2.0 or ACCT& 201 min 2.0
Fees

Quarters Typically Offered
Winter Day
Spring Day

Designed to Serve Business students interested in tax law and accounting.
Active Date 20200330T21:14:09

Grading System Decimal Grade
Class Limit 32
Contact Hours: Lecture 55
Total Contact Hours 55
Degree Distributions:
ProfTech Course Yes
Restricted Elective Yes
Course Outline
Writing of research papers, processing complicated tax returns using the income tax formula. Students gain a working knowledge of the tax formula to be able to solve tax return problems.

Student Learning Outcomes
Students accurately prepare Form 1040 and other complex tax forms using IRS provided instructions and publications as a guide.

Students will prepare and index tax accountant’s working papers to support preparation of moderately complex forms 1040.

Given a specific set of circumstances, students will accurately identify the appropriate tax laws and recommend written solutions to the stakeholders.