Test Bank – South-Western Federal Taxation 2022: Individual Income Taxes 45th Edition by James C. Young

Description

Test Bank – South-Western Federal Taxation 2022: Individual Income Taxes 45th Edition by James C. Young

Table of Contents

PART I: INTRODUCTION AND BASIC TAX MODEL.

1. An Introduction to Taxation and Understanding the Federal Tax Law.2. Working with the Tax Law.3. Tax Formula and Tax Determination: An Overview of Property Transactions.

PART II: GROSS INCOME.

4. Gross Income: Concepts and Inclusions.5. Gross Income: Exclusions.

PART III: DEDUCTIONS.6. Deductions and Losses: In General.

7. Deductions and Losses: Certain Business Expenses and Losses.8. Depreciation, Cost Recovery, Amortization, and Depletion.9. Deductions: Employee and Self-Employed-Related Expenses.10. Deductions and Losses: Certain Itemized Deductions.11. Investor Losses.

PART IV: SPECIAL TAX COMPUTATIONS METHODS, TAX CREDITS, AND PAYMENT PROCEDURES.

12. Alternative Minimum Tax.13. Tax Credits and Payment Procedures.

PART V: PROPERTY TRANSACTIONS.

14. Property Transactions: Determination of Gain or Loss, and Basis Considerations.15. Property Transactions: Nontaxable Exchanges.16. Property Transactions: Capital Gains and Losses.17. Property Transactions: Section 1231, and Recapture Provisions.

Part VI: ACCOUNTING PERIODS, ACCOUNTING METHODS, AND DEFERRED COMPENSATION.

18. Accounting Periods and Methods.19. Deferred Compensation.Part VII: CORPORATIONS AND PARTNERSHIPS.20. Corporations and Partnerships