ACCT 214 - Individual Income Tax Preparation

5.0 Credits
Overview of the taxation of individuals. Emphasis on practical forms preparation and dealing with the most frequently encountered issues in taxation. Computer application. Prerequisite: ACCT 101 and minimum placement into EAP 121 or BRDGE 093.

Course-level Learning Objectives (CLOs)
Upon successful completion of this course, students will be able to:

Analyze, apply and evaluate tax information by preparing individual tax returns and related forms. [REASON]
Identify and analyze problems and options, select and implement appropriate solutions based on current tax law. [REASON]
Use mathematics to solve quantitative business issues and problems as relating to taxes. [REASON]
Use personal computers and other tools most commonly used by business to obtain, store, organize and communicate quantitative information. Specifically in this course the ability to use tax software. [COMMUNICATE]
Explain the rules for determining the deductibility of common expenditures. [REASON]
Classify deductions as for, or from, adjusted gross income. [REASON]
Identify the types of income that are taxable and the types of expenses that are deductible. [REASON]
Explain the costs and benefits of simple financial choices encountered in strategic decision making as relating to taxes. [COMMUNICATE]
Research websites for tax forms, information and current events in tax and business. [EXPLORE]