This course is the first course in a five-course US Federal Tax Specialization. It covers and focuses on the U.S. federal tax system as it relates to individuals, employees, and sole proprietors. Key concepts covered include gross income and items that are statutorily included or excluded in it, personal and business expenses that qualify as tax deductions, and the differing tax treatments for employees versus self-employed taxpayers. Unlike many other introductory courses in tax and as part of this course’s comprehensive wrap-up, learners will be provided with practical and tangible experience reporting both income and expenses on the main individual tax return used in the US, Form 1040.
This course is part of the U.S. Federal Taxation Specialization
About this Course
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Syllabus - What you will learn from this course
INTRODUCTION TO THE COURSE
MODULE 1: AN INTRODUCTION TO TAXATION
MODULE 2: COMPUTING THE TAX
MODULE 3: GROSS INCOME
MODULE 4: GROSS INCOME: EXCLUSIONS
- 5 stars91.13%
- 4 stars7.44%
- 3 stars0.53%
- 2 stars0.17%
- 1 star0.70%
TOP REVIEWS FROM FEDERAL TAXATION I: INDIVIDUALS, EMPLOYEES, AND SOLE PROPRIETORS
Great content and really learned a lot. Would have liked some more examples or formulas to use and print out to keep handy, especially in doing some of the AGI floors. but otherwise, great!
This was a great introduction into Federal Taxation. It gave excellent examples of all of the components that go into a 1040 tax prep. I loved the course and I feel the professors did an amazing job.
Completed on September 5, 2018 - excellent introduction course that can lead to a Coursera Certificate titled "U.S. Federal Taxation Specialization" sponsored by the University of Illinois.
One of the most complete well explaining and practice course that I ever take, I know I expand my knowledge in a very good way I can wait to start the rest of the specialization.
About the U.S. Federal Taxation Specialization
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