| Introduction | 701 |
| Cost Basis | 702 |
| Property Received in Exchange for Services or Other Property | 703 |
| Basis of Property Acquired Through a Tax-Free Exchange | 704 |
| Basis of Property Acquired by a Lump-Sum Purchase | 705 |
| Purchase and Sale of a Going Business | 706 |
| Basis of Property Acquired by Gift | 707 |
| Gain on Property Acquired by Gift | 708 |
| Loss on Property Acquired by Gift | 709 |
| Property Acquired by Gift before 1921 | 710 |
| Adjustment for Gift Taxes Paid | 711 |
| Transfers of Property Between Spouses | 712 |
| Basis of Inherited Property | 713 |
| Basis of Intangible Assets | 714 |
| Basis of Stock Options | 715 |
| Basis of Property Held for Personal Use | 716 |
| Basis of Property Converted to Business Use | 717 |
| Early Attempts at Income Taxation | 101 |
| The Present Income Tax Law | 102 |
| Introduction – General Principles – Definitions | 103 |
| Classification of Taxpayers | 104 |
| Purpose of the Income Tax Return – Withholding and Estimated Tax | 105 |
| Accounting Period -The Taxable Year | 106 |
| Accounting Methods | 107 |
| The Cash Basis | 108 |
| The Accrual Basis | 109 |
| Change in Accounting Method | 110 |
| When to File the Income Tax Return | 111 |
| Penalties | 112 |
| Installment Payment of Tax | 112A |
| Where and How To File Manual and Electronic Filing | 113 |
| Who Must File a Return | 114 |
| Joint Return of Husband & Wife | 115 |
| Separate Return of Husband & Wife | 116 |
| Who is considered as “Married”? | 117 |
| Special Provision for Married Persons Living Apart | 118 |
| Minors | 119 |
| The Tax Return Forms and Schedules | 120 |
| Payment of the Tax | 121 |
| Section II | |
| Introduction | 122 |
| Gross Income | 123 |
| Deductions from Gross Income | 124 |
| Adjusted Gross Income | 125 |
| Deductions from Adjusted Gross Income | 126 |
| Taxable Income | 127 |
| Tax Credits | 128 |
| The Filing Requirements for Special Taxpayers | 129 |
| Introduction | 701 |
| Cost Basis | 702 |
| Property Received in Exchange for Services or Other Property | 703 |
| Basis of Property Acquired Through a Tax-Free Exchange | 704 |
| Basis of Property Acquired by a Lump-Sum Purchase | 705 |
| Purchase and Sale of a Going Business | 706 |
| Basis of Property Acquired by Gift | 707 |
| Gain on Property Acquired by Gift | 708 |
| Loss on Property Acquired by Gift | 709 |
| Property Acquired by Gift before 1921 | 710 |
| Adjustment for Gift Taxes Paid | 711 |
| Transfers of Property Between Spouses | 712 |
| Basis of Inherited Property | 713 |
| Basis of Intangible Assets | 714 |
| Basis of Stock Options | 715 |
| Basis of Property Held for Personal Use | 716 |
| Basis of Property Converted to Business Use | 717 |
| Early Attempts at Income Taxation | 101 |
| The Present Income Tax Law | 102 |
| Introduction – General Principles – Definitions | 103 |
| Classification of Taxpayers | 104 |
| Purpose of the Income Tax Return – Withholding and Estimated Tax | 105 |
| Accounting Period -The Taxable Year | 106 |
| Accounting Methods | 107 |
| The Cash Basis | 108 |
| The Accrual Basis | 109 |
| Change in Accounting Method | 110 |
| When to File the Income Tax Return | 111 |
| Penalties | 112 |
| Installment Payment of Tax | 112A |
| Where and How To File Manual and Electronic Filing | 113 |
| Who Must File a Return | 114 |
| Joint Return of Husband & Wife | 115 |
| Separate Return of Husband & Wife | 116 |
| Who is considered as “Married”? | 117 |
| Special Provision for Married Persons Living Apart | 118 |
| Minors | 119 |
| The Tax Return Forms and Schedules | 120 |
| Payment of the Tax | 121 |
| Section II | |
| Introduction | 122 |
| Gross Income | 123 |
| Deductions from Gross Income | 124 |
| Adjusted Gross Income | 125 |
| Deductions from Adjusted Gross Income | 126 |
| Taxable Income | 127 |
| Tax Credits | 128 |
| The Filing Requirements for Special Taxpayers | 129 |