 | Learning Objectives (See related pages)
- The expanded tax formula and the components of the major sections of Form 1040A and Form 1040.
- How to determine the proper filing status.
- The calculation of personal exemptions.
- The calculation of dependency exemption.
- How to determine the standard deduction.
- The amount of tax due to the Internal Revenue Service (IRS).
- What interest and penalties the IRS can assess and in what instances certain penalties are applicable.
|
|