This class was created by Brainscape user Christopher Marrone. Visit their profile to learn more about the creator.

Decks in this class (16)

Filing Status
Single filing status,
Married filing jointy,
Joint and several tax liability w...
16  cards
Qualifying as your Dependent
Step 1 do you have a qualifying c...,
Step 2 is your qualifying child y...,
Does your qualifying child qualif...
7  cards
Above-the-line deductions
What are the above the line deduc...,
Who is eligible for educator expe...,
Hsa contributions
17  cards
Below-the-line deductions
What itemized dedcutions are there,
Medical expenses itemized deduction,
Taxes paid state local
10  cards
Personal and Dependency Deductions
Personal and dependency deduction
1  cards
Tax Rates
How do you calculate true margina...
1  cards
SE Tax
Percentages of se tax,
Medicare surcharge tax
2  cards
NIIT
What is niit,
What does niit apply to,
Niit and additional medicare tax
3  cards
Tax Credits - Refundable and Nonrefundable
Name the most common nonrefundabl...,
Name the most common refundable c...,
Child and dependent care credit
12  cards
Tax Consequences of Property Transactions
What are the three type of assets...,
What are ordinary assets,
Produce ordinary income when sold...
50  cards
AMT
What is amt,
How to calculate amt,
What are the preference items
5  cards
Income Taxation of Trusts and Estates
When a person dies the personal r...,
Final income tax return deadline,
Income and deductions on final in...
22  cards
Questions/Answers from Quizzes
Does the dol enforce or construct...,
If divident is 125 and represents...,
Entity insurance stock redemption...
7  cards
Fundamental Tax Law
Executive sources,
Judicial sources,
Judicial decisions
24  cards
Income Tax Fundamentals and Calculations
Some examples of included in income,
Some examples excluded from gross...,
Recognized vs realized income
12  cards
Characteristics and Income Taxation of Business Entities
Nol,
What does flow through entity mean,
Sole propiertorship
16  cards

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Tax Planning

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