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    Governors State University
   
 
  Nov 21, 2017
 
 
    
2017-2018 Governors State University Academic Catalog
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ACCT - 4251 Tax I (3)


Covers the study of individuals' federal income taxation with an emphasis on the following topics: income, exclusions from income, deductions, exemptions, credits, property transactions, and depreciation. Explores the tax structure and its role, both as a source of revenue and as a device to control the economy. Emphasizes Form 1040 tax return preparation using tax preparation software including common schedules and worksheets. Instructional Method: Offered in face-to-face and online format. Equivalent to ACCT-424. Prerequisite: take ACCT-2110 .



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