ACCT2035 — Fundamentals of Federal Income Tax
ACCT 2035 - Fundamentals of Federal Income Tax ACCT 2035 - Fundamentals of Federal Income Tax Hours/Week: Lecture 3 Course Description: This course is an introduction to taxation policy and the application of that policy to the preparation of federal income tax returns¿individual and corporate. Topics include taxable income, deductions, exemptions, and tax credits. This course also includes the use of a computer software package. MnTC Goals None demonstrate a basic understanding of federal income tax returns for limited liability companies. demonstrate a basic understanding of federal income tax returns for partnerships. demonstrate a basic understanding of the Internal Revenue Code. prepare a basic federal income tax return for individuals. Minnesota Transfer Curriculum (MnTC): Goals and Competencies Competency Goals (MnTC Goals 1-6) None Theme Goals (MnTC Goals 7-10) None Courses and Registration
Prerequisites: ACCT1010, ACCT2020