Individual I. Description Trains the student to prepare United States individual income tax returns.
Coursework includes study of the tax laws and preparation of various tax forms.
The course is designed to give students a basic understanding of the U.S. income tax laws applicable to individuals. Students will be trained to prepare U.S. individual income tax returns, and they will be able to perform basic income tax planning for individuals. Present the formula for the calculation of individual income tax. Discuss the minimum requirements for filing a tax return. Discuss the requirements for claiming a dependency exemption.