Essentials of Federal Income Taxation for Individuals and Business by Linda M. Johnson features an easy-reading, straightforward forms approach that is both simple and direct without complex legal language. It introduces basic tax concepts and then fully illustrates them with clear examples and helpful filled-in forms. Organized to save time, Essentials of Federal Income Taxation builds a firm foundation on which to build students' knowledge and understanding of the tax issues which will affect them throughout their careers.Individual taxpayers report capital gains and losses on Schedule D (Form 1040), Capital Gains and Losses. ... When an overall net gain results, the taxpayer completes lines 1 7-20, which may involve completing a worksheet to pay a reduced the tax ... In 2007, Stevensa#39;s capital losses exceeded his capital gains by $4, 000.
|Title||:||Essentials of Federal Income Taxation for Individuals and Business 2009|
|Author||:||Linda M. Johnson|
|Publisher||:||CCH - 2008-11-01|