Income Taxation|   [Archived Catalog]
2018-2019 School of Law Bulletin

LAWS 633 - Income Taxation|

Credits: 3

Basic concepts of income taxation of individuals; gross income, adjusted gross income, applicable deductions, credits, gains and losses and nonrecognition transactions. Examination of concepts of capital gains and losses, including questions of basis, nonrecognition in certain exchanges and carry-over of losses.

Prerequisites: None

Note: Second year progression-entry course; 2L priority registration

Basis of Grade: Final examination, problems as announced in class and class participation

Form of Grade: Letter Grade