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.

Course Note Recommend taking ACCTG 121 min 2.0 or ACCT& 201 min 2.0 but not a requirement.
Fees

Quarters Typically Offered
Fall Day
Spring Online

Designed to Serve Business students interested in tax law and accounting.
Active Date 20230320T11:42:36

Grading Basis 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
Accurately prepare Form 1040 and other complex tax forms using IRS provided instructions and publications as a guide.

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.