ACCT 1125 – Individual Tax Accounting

Provides instruction for the preparation of individual federal income tax returns, including Form 1040 and Schedules A, B, C, D, and E. Topics include: taxable income, income adjustments, schedules, standard deductions, itemized deductions, exemptions, tax credits, tax calculations, self employment, depreciation and amortization, capital gains and losses, rental activities, and property exchanges.