Federal Income Taxation

Course Information

Registration Information

Meeting Times

Day Time Location
TUE, THU 2:15 - 3:30 pm TNH 3.124

Evaluation Method

Type Date Time Location
Final exam May 2, 2013 8:30 am A-Z in 2.123


Federal Income Tax (FIT) presents an overview of the federal income tax. The aim of the course is to present the fundamental principles underlying the federal income tax and to convey the style and flavor of tax thinking. As a survey, FIT will touch on all the major issues, such as what is gross income, what expenditures are deductible, what is the appropriate taxable unit, what is the function of "basis," and what is the appropriate timing of income and deductions. This course also considers economic and policy issues of taxation.