Federal Tax Course Outline

1. General Principles

2. Exemptions – Filing Status

3. The Tax Computation

4. Gross Income Exclusions and Inclusions

5. Gross Income Exclusions  (Cont’d)

6. Sale Or Exchange Of Property

7. Basis

8. Capital Gains and Losses

9. Business Deductions

10. Other Allowable Tax Deductions

11. Depreciation Depletion and Amortization

12. Business and Casualty Losses

13. Bad Debts

14. Self Employment Tax FICA FUTA

15. Estimated Tax 1040-ES

16. Income Tax Withholding

17. FICA FUTA Payroll Taxes

18. Tax Credits

19. Gain On The Sale Of Taxpayer’s Residence

20. Other Special Tax Provisions