EA - Individual Tax

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

By: S B

Decks in this class (10)

Unit 1: Preliminary work with Taxpayer Data
What are types of tins 1,
What can you do if you cannot obt...,
What form is used to request for ...
42  cards
Unit 8: Nonrecognition Property Transactions
What is section 121 exclusion rule 1,
How do you report gains from sale...,
Where do you report gains on sale...
43  cards
Unit 2: Determining Filing Status and Residency
Mfj status 1,
Rules to file joint returns for n...,
Mfsstatus 3
23  cards
Unit 3: Dependents and Deemed Exemptions
Tests to claim a dependent 1,
What is the dependent taxpayer te...,
What is the joint return test 3
24  cards
Unit 7: Capital Gains and Losses
Forms used to report gains or los...,
Rules for reporting capital gains...,
Definition of noncapital assets 3
35  cards
Unit 4: Taxable and Nontaxable Income
Formula for taxable income 1,
Constructive receipt of income 2,
Claim of right doctrine 3
71  cards
Unit 5: Investment Income and Expenses
Interest income is generally repo...,
General rule for reporting intere...,
If taxable interest income exceed...
37  cards
Unit 6: Calculating the Basis of Assets
Real property includes 1,
What is the initial basis of an a...,
What is an adjusted basis of an a...
37  cards
Unit 9: Rental and Royalty Income
Amounts received as rent must be ...,
Rental and royalty income is repo...,
Property owners can _ the _ of ma...
51  cards
Unit 10: Other Taxable Income
What is a recovery 1,
What is the rule on recovery in i...,
State and local income tax refund...
93  cards

More about
EA - Individual Tax

  • Class purpose General learning

Learn faster with Brainscape on your web, iPhone, or Android device. Study S B's EA - Individual Tax flashcards now!

How studying works.

Brainscape's adaptive web mobile flashcards system will drill you on your weaknesses, using a pattern guaranteed to help you learn more in less time.

Add your own flashcards.

Either request "Edit" access from the author, or make a copy of the class to edit as your own. And you can always create a totally new class of your own too!

What's Brainscape anyway?

Brainscape is a digital flashcards platform where you can find, create, share, and study any subject on the planet.

We use an adaptive study algorithm that is proven to help you learn faster and remember longer....

Looking for something else?

REG Individual Taxation
  • 39 decks
  • 867 flashcards
  • 22 learners
Decks: Individual Taxation, Secured Transactions, Sales Law, And more!
EAS
  • 33 decks
  • 1231 flashcards
  • 3 learners
Decks: Lecture 1 Geological Time, Lecture 2 Minerals, Lecture 3 The Rock Cycle, And more!
BUS277 - Tax Compliance
  • 38 decks
  • 1243 flashcards
  • 3 learners
Decks: Employment Income, Employment Benefits, Trading Income, And more!
Make Flashcards