A study of the federal tax law for preparation of individual income tax returns.
Course Learning Objectives
Upon completion of this course, the student will be able to:
- Understand the components of a basic Form 1040 Income Tax Return
- Determine tax liability
- Understand basic tax formula
- Determine filing status
- Determine dependents
- Know the components of gross income
- Understand what income is excluded from gross income
- Know the adjustments to income
- Have an understanding of itemized deductions
- Have a basic understanding of tax credits
Required Textbooks
Title: Fundamentals of Taxation 2020
Author: Ana Cruz
Publisher: McGraw Hill
Evaluation Standards
Exams & Assignments
A: 90 -100%
B: 80 – 89%
C: 70 – 79%
D: 60 – 69%
F: Below 60%
Disabilities
ADA Statement:
Any student with a documented disability (e.g. learning, psychiatric, vision, hearing, etc.) may contact the Office on the Weatherford College Weatherford Campus to request reasonable accommodations. Phone: 817-598-6350 Office Location: Office Number 118 in the Student Services Building, upper floor. Physical Address: Weatherford College 225 College Park Drive Weatherford, TX.
Academic Integrity
Academic Integrity is fundamental to the educational mission of Weatherford College, and the College expects its students to maintain high standards of personal and scholarly conduct. Academic dishonesty of any kind will not be tolerated. Academic dishonesty includes, but is not limited to, cheating on an examination or other academic work, plagiarism, collusion, and the abuse of resource materials including unauthorized use of Generative AI. Departments may adopt discipline specific guidelines on Generative AI usage approved by the instructional dean. Any student who is demonstrated to have engaged in any of these activities will be subject to immediate disciplinary action in accordance with institutional procedures.
Hope Statement
Any student who faces challenges securing basic resources such as food, clothing, or housing and believes this may affect their performance in their course of study is urged to contact the Director of Student Resources, Dr. Deborah Cregger, for support at (817) 598-6444. Her office is on the first floor of Student Services. If the student prefers, they may contact their instructor, who can reach out on their behalf. Weatherford College also provides the Coyote Pantry. The Pantry maintains boxed and canned foods for students in need. The location of the Coyote Pantry is two blocks west of the Weatherford campus at the Baptist Student Ministry (118 E. Park Ave., Weatherford). Pantry hours are Mon-Thurs. 8:30 am-4:30 pm and Fri. 8.30 am-12:00 pm (817-599-6586).