Cookies on NWTC's Website

NWTC logo

Accounting-Personal Tax

Credits: 4
Course Number: 10-101-154

Home » Academics And Training » Courses » Accounting Personal Tax » 10101154 2252 22256

Course Description

10-101-154 ACCOUNTING-PERSONAL TAX ...history and research of tax law and regulations; preparation of federal individual income taxes including form 1040 and supporting schedules and forms.

Course Typically Offered

  • Fall
  • Spring

Most NWTC classes are offered in 8-week sessions. Learn more about how our class schedule can help you succeed.

How can I use this course to achieve my career goals?

This course is associated with the following programs:

What will I learn?

  1. Define the history of Federal Taxation and the formula for tax determination.
  2. Define standard deductions and exemptions.
  3. Complete Federal tax forms.
  4. Identify gross income.
  5. Identify gross income exclusions.
  6. Categorize personal deductions and prepare Schedule A form.
  7. Identify business income, deductions, and calculate self-employment.
  8. Determine the tax consequences of other activities and prepare necessary forms.
  9. Determine income tax consequences of property transactions, including sales exchange, or other disposition of property.
  10. Identify property transactions that require recognition. Calculate gain or loss and complete necessary tax forms.
  11. Calculate tax credits and other taxes or taxing methods and complete necessary tax forms.
  12. Complete the TSA practice set for individuals.

Class Details

Class Number:
22256
Delivery:
Online
Term:
Spring 2025
Session:
8W1
Instructors:
Theresa Grover
Date Range:
-
Estimated Cost:
$800.40 *

Class Notes

  • This is an Online class that can be accessed anywhere using internet. For more information regarding this delivery and how to access your class, see www.nwtc.edu/onlinefaq.

  • The required digital course materials will be accessible via BlackBoard on or just prior to the first day of class. The fee for the materials is included as part of the ‘Digital Material Access Fee’ on your tuition statement. The optional purchase of a print version of the textbook is available through the NWTC Bookstore.

  • The required digital course materials will be accessible via Canvas on or just prior to the first day of class. The fee for the materials is included as part of the ‘Digital Material Access Fee’ on your tuition statement. The optional purchase of a print version of the textbook is available through the NWTC Bookstore.

Meeting Times

Dates Day(s) / Time Location(s)
01/21/25 - 03/17/25 Anytime
Anytime
Online

* Cost displayed is based on in-state residency. Back to cost