Chapter 4- Individual Income Tax Overview, Dependents, and Filing Status

Descripción

This is a mind map for BUS 419 Chapter 4.
Lucille Lamberson
Mapa Mental por Lucille Lamberson, actualizado hace más de 1 año
Lucille Lamberson
Creado por Lucille Lamberson hace más de 1 año
22
0

Resumen del Recurso

Chapter 4- Individual Income Tax Overview, Dependents, and Filing Status
  1. Exclusions
    1. Realized income items that taxpayers permanently exclude from taxation
    2. Deferrals
      1. Realized income items that taxpayers include in gross income in a subsequent year
      2. Gross income - for AGI deductions = AGI
        1. AGI - from AGI deductions = taxable income
          1. 3 types of tax prepayments
            1. Withholdings
              1. Estimated tax payments the taxpayers makes for the year
                1. Tax that the taxpayer over paid on the prior-year tax return that the taxpayer elects to apply as an estimated payment for the current tax year
                Mostrar resumen completo Ocultar resumen completo

                Similar

                ICT2104 Chapter 4: Interrupts
                Meixi Lim
                How to Create A Mindmap
                PatrickNoonan
                NEW: ExamTime's Mind Map Maker
                Andrea Leyden
                Creating Mind Maps with GoConqr
                Sarah Egan
                Genes, The Genetic Code, DNA and Chromosomes
                Bee Brittain
                Macbeth Quotes/Themes
                Michael LEwis
                CUBAN MISSILE CRISIS
                Olivia Andrews
                How Villainy is Depicted in Macbeth
                scarletsnow491
                Philosophy
                Rebecca Harbury
                Health and Social Care PIES
                s1501118
                Asch Study and Variations
                littlestephie