Federal Income Taxation of Individuals in a Nutshell (Nutshell Series)

Lathrope, Daniel J./ Yamamoto, Kevin M./ McNulty, John K.

ISBN 10: 1683284534 / ISBN 13: 9781683284536

Published by Foundation Press, 2024

About this Item

9th edition. 602 pages. 7.36x4.84x0.91 inches. In Stock.

Seller Inventory # 1683284534

Bibliographic Details

• Title: Federal Income Taxation of Individuals in a Nutshell (Nutshell Series)
• Publisher: Foundation Press
• Publication Date: 2024
• Language: English
• ISBN 10: 1683284534
• ISBN 13: 9781683284536
• Binding: Paperback
• Condition: Brand New
• Weight: 0.48 kilograms

About this title

Synopsis

How and when is income taxable? To whom will it be taxable? This Nutshell summarizes the U.S. federal income tax law for individuals, defines income, and identifies the different types of deductions available to a taxpayer. The book explains statutory inclusions and exclusions from gross income, profit-related deductions, mixed deductions, personal deductions, other allowances, and the rules for determining taxable income. Sales and dispositions of property, taxation of capital gains and losses, and special tax rates are covered. The book also explores the policy and purposes of, and alternatives to, existing legal rules.