1021

Course Details

Course name:	Your Income Tax - 2007 Tax Year- Part One
Course number:	1024.07A	See also: Full course: 1024.07 Part Two: 1024.07B
Number of questions:	Review: 100 Final: 100
Prerequisite:	None
Course level:	Basic
Recommended CPE credit:	10 CPE hours
Recommended study time:	20 hours
Course format:	Interactive self study CPE credit calculated as 50% of total study time (i.e. 100 minute hour)
Reference text: Click for ordering information	J.K.Lasser's Your Income Tax 2008 (for the 2007 tax year) Prepared by the J.K. Lasser Institute Paperback (848 pages) Publisher: Wiley ISBN: 0470137541 71st edition (11/02/07)
Course last updated/reviewed:	November 18, 2007
Subject classification:	Taxation
Learning objective:	This course, Your Income Tax-Part One, covers material through chapter 17 of the J K Lasser text. The course objective is to understand tax law including: Basics of filing Taxable Wages, Salary and Other Compensation Fringe Benefits Reporting Property Sales Tax-Free Exchanges of Property Retirement and Annuity Income IRAs Income From Rents and Royalties Loss Restrictions Other Income Deductions Allowed in Figuring AGI Claiming the Standard Deduction or Itemized Deductions Itemized Deduction for Interest Expenses Deductions for Taxes Medical and Dental Expense Deductions