Basic Federal Income Tax
CrunchTime provides the right information, in the right format, at the right time. If you learn best through application flow charts, get your CrunchTime early in the semester and use it as a visual aid throughout your course.Each title offers capsule summaries of major points of law and critical issues, exam tips for identifying common traps and pitfalls, sample exam and essay questions with model answers, and recommended approaches for crafting essays that will get winning grades!
What people are saying - Write a review
We haven't found any reviews in the usual places.
Other editions - View all
above-the-line activity adjusted basis alimony allowed alternative minimum tax Analyze apply assignment of income basket beneﬁt business expenses capital asset capital expenditure capital gain capital loss capital recovery Chap Code Commissioner computing AGI Consider cost debt defer deﬁnition depreciation determine discharge of indebtedness divorce employee Exam Tips exceed excluded from gross exclusion Figure 3B Figure 9A ﬁrst gain or loss gains and losses gift gross income Hobby Losses holding period included in gross income tax incurred interest itemized deduction like-kind exchange loan MACRS method of accounting mortgage nonrecognition NOTES TO FIGURE ofﬁce ordinary income paid payment proﬁt property received provides purchased qualiﬁed qualifying question real property realized gain recognized gain rental requirements rules sale or exchange Section signiﬁcant speciﬁc standard deduction statute statutory tax consequences tax credit tax rate taxable income taxpayer’s tax trade or business transaction transfer value of money Wolters Kluwer