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Taxation for the Entrepreneur II |
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Taxation for the Entrepreneur I |
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Income Tax - Individual |
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Tax computation |
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Tax formula for Individuals |
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Filing status |
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Personal and dependency exemptions |
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Gross Income |
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Standard deduction |
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Capital gains and losses |
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Interest and dividend income |
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Gifts |
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Alimony |
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Annuities |
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Life insurance |
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Meals and lodging |
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Inheritances |
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Scholarships |
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Accident and health insurance |
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Group term life insurance |
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Municipal bond interest |
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Social security benefits |
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Employee fringe benefits |
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Rental income and expenses |
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Adjusted gross income (AGI) |
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Taxable income |
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Tax liability |
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Real estate rental |
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Vacation homes |
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Primarily rental use |
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Passive loss limitations |
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Individual retirement accounts (IRAs) |
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Bad debts |
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Inventories |
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Net operating losses |
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401(k) plans |
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Roth IRA |
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Keogh Plans |
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Simplified pension plans (SEPs) |
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Office in the Home/Home office |
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Rollovers |
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Travel expenses |
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Transportation |
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Special clothing and uniforms |
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Entertainment |
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Educational expenses |
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Dues, subscriptions and publications |
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Medical expenses |
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Business gifts |
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Self-employment tax |
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Itemized deductions |
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Health savings accounts |
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Medical insurance |
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Medicines and drugs |
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Lodging for medical care |
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Personal property taxes |
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Income taxes |
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Sales taxes |
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Property taxes |
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Investment interest |
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Interest |
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Qualified residence and consumer interest |
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Education loan interest |
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Contributions
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Donations |
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Charitable deduction |
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Substantiation rules |
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Casualty and theft losses |
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Miscellaneous deductions |
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Investment expenses |
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Job-Hunting expenses |
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Tax return preparation fees |
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Phase-out of itemized deductions |
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Exemptions for high-income taxpayers |
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Moving expenses |
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Hobby losses |
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Education Incentives |
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Qualified Tuition Programs (QTP) |
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Educational savings accounts |
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Child tax credit |
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Earned income credit |
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Child and dependent care credit |
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Education tax credits |
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Foreign tax credit |
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Adoption expenses |
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Individual Alternative Minimum Tax (AMT) |
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AMT tax rates |
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Unearned income of minor children |
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Community property |
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HOPE credit |
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Lifetime learning credit |
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Accounting periods |
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Depreciation |
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MACRS (Modified Accelerated Cost Recovery System) |
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Mid-quarter convention |
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Section 179 |
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Election to expense |
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Listed property |
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Luxury automobiles |
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Intangibles |
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Related parties (Sec. 267) |
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Capital asset |
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Holding period |
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Amount realized |
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Adjusted basis |
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Net capital gains |
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Ordering rules for capital gains |
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Net capital losses |
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Ordering rules for capital losses |
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Section 1231 gains and losses |
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Depreciation recapture |
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Section 1245 recapture |
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Installment sales |
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Like-kind exchanges |
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Boot received |
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Boot paid |
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Gain recognized |
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Involuntary conversions |
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Sale of personal residence |
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Married taxpayers |
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Withholding methods |
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Form W-4 |
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Computing withholding |
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Pension and deferred income |
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Estimated payments |
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FICA tax |
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Federal tax deposit tax system |
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Form W-2s |
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FUTA tax |
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Nanny tax |
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Partnership taxation |
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Partnership income reporting |
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Current distributions |
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Guaranteed payments |
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At-Risk rule |
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LLCs (Limited liability companies) |
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Corporate tax rates |
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Corporate capital gains and losses |
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Special deductions and limitations |
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Dividends received deductions (DRD) |
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Schedule M-1 |
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Filing requirements |
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Estimated tax |
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S Corporations |
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Schedule K |
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Pass-through items |
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Shareholder's stock basis |
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Corporation's basis in property contributed |
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Corporate accumulations |
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Tax administration |
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IRS (Internal Revenue Service) |
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Appeal process |
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Interest and penalties |
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Tax rate schedules |
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Earned income credit |
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Form 1040 |
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Schedule A – Itemized deductions |
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Schedule B |
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Schedule C |
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Schedule D |
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Schedule SE |
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