{"id":82,"date":"2014-11-11T18:10:38","date_gmt":"2014-11-11T18:10:38","guid":{"rendered":"http:\/\/belkcollegeofbusiness.charlotte.edu\/hgodfrey\/?page_id=82"},"modified":"2017-06-23T00:28:26","modified_gmt":"2017-06-23T00:28:26","slug":"acct-6160","status":"publish","type":"page","link":"https:\/\/belkcollegeofbusiness.charlotte.edu\/hgodfrey\/acct-6160\/","title":{"rendered":"ACCT 6160"},"content":{"rendered":"

Advanced Individual Income Tax- Summer 2017<\/strong><\/h1>\n

Latest files posted.<\/strong><\/h1>\n

IND-17-Chap-00-Tst-1-Exm-Prb-Summer-2017-Edited-June-5-2017-POST<\/a><\/strong><\/p>\n

 <\/p>\n

IND-17-Chap-00-Tst-2-Exm-Prb-Summer-2017-Edited-June-13-2017<\/a><\/strong><\/p>\n

 <\/p>\n

IND-17-Chp-03-Lecture and Group Discussion Materials-2017<\/a><\/strong><\/p>\n

The following file contains some code sections (partial) that will be helpful when discussing Chapters 3 and 4.<\/p>\n

IND-17-Chap-03-Plus-Selected-Code-Sections-Heavily-Edited<\/a><\/strong><\/p>\n

IND-17-Chap-04-1-Lecture and Discussion Materials-2017-May-23-Post<\/a><\/strong><\/p>\n

 <\/p>\n

IND-17-Chap-00-1-Adv-Indiv-Tax-Class-Plans-One-Page-May-13-2017<\/a><\/strong><\/h1>\n

IND-17-Chp-00-Class-plan-Big Calendar-2017<\/a><\/strong><\/p>\n

<\/h1>\n

The next file contains the 2017 tax rate schedules, exemption amounts, standard deduction amounts, etc. from your textbook. You may find it convenient to print a copy and put the page in your notes for ready reference, especially for Chapter 4.<\/p>\n

IND-17-Chap-03-Tax Rates for 2017<\/a><\/strong><\/p>\n

Remainder of this web page is under construction for 2017.<\/strong><\/h1>\n

1-Syllabus-UNC-Charlotte-Summer-2016-Godfrey<\/a><\/strong><\/p>\n

ACCT-6160-U90-Syllabus-UNC-Charlotte-Summer-2016-Godfrey<\/a><\/strong><\/p>\n

 <\/p>\n

Welcome to the Advanced Individual Income Tax course for 2016<\/strong><\/p>\n

Advanced Individual Income Tax Topics<\/p>\n

1. [03] Planning Strategies, timing, rates, income shifting
\n2. [04] Individual income tax \u2013 formula, exemptions, filing status
\n3. [14] Home ownership \u2013 gain exclusion, interest, taxes, buyer credit, vacation home
\n4. [07] Investments- Interest, dividends, capital gains and losses,
\nSec. 1221, 1231, etc.,loss limits, passive losses
\n5. [06] Itemized deductions \u2013 business & investment deductions,
\npersonal deductions,\u00a0Schedule A deductions
\n6. [08] Taxes and credits
\n7. [08] AMT
\n8. [12] Compensation, Stock Options
\n9. [13] Retirement Savings and Deferred Compensation<\/p>\n

 <\/p>\n

TESTS FROM 201<\/a>6<\/strong><\/p>\n

IND-16-Chp-00-Tst-1-Exm-Prb-Summer-2016-POST-pdf<\/a><\/strong><\/p>\n

IND-16-Chp-00-Tst-1-Exm-Sol-Summer-2016-Post-May-29-2017<\/strong><\/a><\/p>\n

IND-16-Chp-00-Tst-2-Exm-Prb-Sum-2016-Edited-June 17-2016-Post<\/a><\/strong><\/p>\n

IND-16-Chp-00-Tst-3-Exm-Prb-Summer-PDF-with-Solution-2016<\/a><\/strong><\/p>\n

Access to tax law:<\/p>\n

https:\/\/www.law.cornell.edu\/uscode\/text<\/p>\n

https:\/\/intelliconnect.cch.com\/scion\/auth.jsp?AUTH_REDIRECT_URL=http%3A%2F%2Fintelliconnect.cch.com%3A80%2Fscion%2Fsecure%2Findex.jsp<\/p>\n

 <\/p>\n

 <\/p>\n

Chapter 3. Tax Planning, Present Value, etc.<\/strong><\/p>\n

IND-17-Chap-03-1-Publisher-PowerPoints-Planning-2017<\/a><\/strong><\/p>\n

IND-16-Chap-03-1A-ADVANCE-PROBLEMS-2016-New-May 18<\/a><\/strong><\/p>\n

IND-16-Chp-03-1A-Fed-Tax-Planning-2016<\/a><\/strong><\/p>\n

IND-16-Chap-03-2-Spreading-Income-or-Loss-Family-2016-PROBLEM<\/a><\/strong><\/p>\n

 <\/p>\n

IND-16-Chap-03-Leture-Materials-2016-May-21-Post<\/a><\/strong><\/p>\n

 <\/p>\n

IND-17-Chap-03-2-Homework-PROB-PLANNING-May-18-2017<\/a><\/strong><\/p>\n

IND-17-Chap-03-2-Homework-Sol-PLANNING-May-18-2017<\/a><\/strong><\/p>\n

IND-17-Chap-03-2-Homework-Sol-PLANNING-EXCEL-May-18-2017<\/a><\/strong><\/p>\n

 <\/p>\n

IND-16-Chap-03-2-Solution for Problem 40<\/a><\/strong><\/p>\n

 <\/p>\n

IND-16-Chap-03-2-Choosing-C-Corp-or-S-Corp-2016<\/a><\/strong><\/p>\n

IND-16-Chap-03-Plus-Selected-Code-Sections-Heavily-Edited<\/a><\/strong><\/p>\n

 <\/p>\n

<\/h1>\n

Chapter 04. Individual Income Tax<\/strong><\/span><\/h1>\n

IND-17-Chap-04-1-Publisher-PowerPoints-Indiv-Tax-Overview-2017<\/a><\/strong><\/p>\n

IND-16-Chap-04-1-Lecture Materials-2016-May-21-Post<\/a><\/strong><\/p>\n

 <\/p>\n

IND-17-Chap-04-2-Homework-Prb-INDIVIDUAL-Tax-Edited-May-19-2017<\/a><\/strong><\/p>\n

IND-17-Chap-04-2-Homework-Sol-INDIVIDUAL-Tax-Edited-May-19-2017<\/a><\/strong><\/p>\n

IND-17-Chap-04-2-Homework-Sol-INDIVIDUAL-Excel-May-19-2017<\/a><\/strong><\/p>\n

 <\/p>\n

IND-16-Chap-04-4-Shereal Wallace-Exemption-post-June-6-2016<\/a><\/strong><\/p>\n

<\/h1>\n

Chapter 14. Home Ownership<\/strong><\/span><\/h1>\n

IND-17-Chap-14-1-Publisher-PowerPoint-Files-Home-Ownership-2017<\/a><\/strong><\/p>\n

IND-17-Chap-14-INSTRUCTOR-PowerPoints-Code<\/a><\/strong><\/p>\n

IND-17-Chap-14-1-Class-Lecture-Materials-Post-May-23-2017<\/a><\/strong><\/p>\n

IND-17-Chap-14-1-EXCEL-LECTURE-PROBLEMS-June-3-2017<\/a><\/strong><\/p>\n

IND-17-Chap-14-4-Home-Gain-and-Interest-Sec-121-163-108-Sol<\/a><\/strong><\/p>\n

 <\/p>\n

IND-17-Chap-14-2-Homework-Prb-HOME-OWNERSHIP-May-29-2017<\/a><\/strong><\/p>\n

IND-17-Chap-14-2-Homework-Sol-HOME-OWNERSHIP-May-29-2017<\/a><\/strong><\/p>\n

IND-17-Chap-14-2-Homework-Sol-HOME-OWNERSHIP-EXCEL-May-19-2017<\/a><\/strong><\/p>\n

 <\/p>\n

<\/h1>\n

**********************************<\/strong><\/span><\/h1>\n

Test No. 1, June 5, 2017<\/strong><\/span><\/h1>\n

**********************************<\/strong><\/span><\/h1>\n

 <\/p>\n

Chapter 07. Investments<\/strong><\/span><\/h1>\n

IND-17-Chap-07-1-LECTURE-MATERIALS-Investments-PDF-May-25-2017<\/a><\/strong><\/p>\n

IND-17-Chap-07-INSTRUCTOR-PowerPoints-2017<\/a><\/strong><\/h1>\n

 <\/p>\n

IND-17-Chap-07-2-Homework-Prb-INVESTMENTS-Post-May-23-2017<\/a><\/strong><\/p>\n

IND-17-Chap-07-2-Homework-Sol-INVESTMENTS-Post-May-23-2017<\/a><\/strong><\/p>\n

IND-17-Chap-07-2-Homework-Sol-INVESTMENTS-Excel-Post-May-23-2017<\/a><\/strong><\/p>\n

 <\/p>\n

Supplementary Reading-Not required
\nHigh income and other wealthy individuals frequently include life insurance in the investment portfolio. Many policies build cash value which may exceed the total premiums paid. See the following cases for some real life surprises.
\nIND-14-Chp-11-8-Harvey-Barr-Life Ins-terminatio<\/a>n
\nIND-14-Chp-11-8-Yulia Feder-Life-Ins-Cancellation<\/a><\/p>\n

 <\/p>\n

Chapter 06. Itemized Deductions<\/strong><\/span><\/h1>\n

IND-16-Chap-06-1-Publisher-PowerPoints-Individual-Deductions-2016<\/a><\/strong><\/p>\n

IND-17-Chap-06-1-LECTURE-MATERIALS-Indiv-Deducts-PDF–May-27-2017<\/a><\/strong><\/p>\n

IND-16-Chap-06-1-EXCEL-LECTURE-NOTES-Deductions-2016-June-11<\/a><\/strong><\/h1>\n

IND-16-Chap-06-2-Homework-Prb-ITEMIZED-Word-May-30-2016<\/a><\/strong><\/p>\n

IND-16-Chap-06-2-Homework-Sol-ITEMIZED-Word-May-30-2016<\/a><\/strong><\/p>\n

IND-16-Chap-06-2-Homework-Sol-ITEMIZED-EXCEL-May-30-2016<\/a><\/strong><\/p>\n

 <\/p>\n

<\/h1>\n

Chapter 08. Taxes and Credits, Also AMT<\/strong><\/span><\/h1>\n

 <\/p>\n

IND-17-Chap-08-1-EXCEL-AMT worksheet-2<\/a><\/strong><\/p>\n

IND-17-Chap-08-INSTRUCTOR-PowerPoints-2017-June-13<\/a><\/strong><\/p>\n

IND-17-Chap-08-1-LECTURE-MATERIALS-Taxes-AMT-PDF-May-27-2017<\/a><\/strong><\/p>\n

IND-16-Chap-08-2-Homework-Prb-CREDITS-AMT-Word-June-2-2016<\/a><\/strong><\/p>\n

IND-16-Chap-08-2-Homework-Sol-CREDITS-AMT-Word-June-2-2016<\/a><\/strong><\/p>\n

IND-16-Chap-08-2-Homework-Sol-CREDITS-AMT-Excel-June-2-2016<\/a><\/strong><\/p>\n

 <\/p>\n

 <\/p>\n

IND-16-Chap-08-Handout-June-14-2016<\/a><\/strong><\/p>\n

\u00a0<\/a><\/strong><\/p>\n

IND-16-Chp-00-Tst-2-Exm-Prb-Sum-2016-Edited-June 17-2016-Post<\/a><\/strong><\/h1>\n

 <\/p>\n

<\/h1>\n

<\/h1>\n

Chapter 12. Compensation and Stock Options<\/strong><\/span><\/h1>\n

IND-17-Chap-12-1-Publisher-PowerPoint-Files-Compensation-2017<\/a><\/strong><\/p>\n

IND-17-Chap-13-1-Individual-Retire-Acct-June-19-2017<\/a><\/strong><\/p>\n

IND-16-Chap-12-3-Code-Section-132-June-15-2016-One Column<\/a><\/strong><\/p>\n

IND-16-Chap-12-3-Stock Option Illustrations<\/a><\/strong><\/p>\n

IND-17-Chap-12-1-Stock-Options-June-19-201<\/strong>7<\/a><\/p>\n

Accuracy related penalties-Santa Fe Pacific Gold Company<\/a><\/strong><\/p>\n

IND-17-Chap-12-Crescent Holdings-Sec-83-Partnership Interest<\/a><\/strong><\/p>\n

Stock-Options-Summary-from-Svoboda-Case<\/a><\/strong><\/p>\n

Rev. Rul. 83-22-Dividends and Stock Options<\/a><\/strong><\/p>\n

Revenue Ruling 2002-22-Stock Options and divorce<\/a><\/strong><\/p>\n

IRS Letter Ruling 200646003-Stock Options-Def-Comp-and Divorce<\/a><\/strong><\/p>\n

Josepy Peery-Divorce-Penalties<\/a><\/strong><\/p>\n

PowerPoint with\u00a0Penalty Code Sections:<\/strong><\/span><\/p>\n

IND-16-<\/a><\/strong>Chap-12-1-Penalty-Review-from-Chap-08-June-20-2016<\/a><\/strong><\/p>\n

PowerPoint with Stock Option Code Sections:<\/strong><\/span><\/p>\n

IND-16-Chap-12-1-Stock-Options-June-21-2016<\/a><\/strong><\/p>\n

IND-17-Chap-12-LECTURE-MATERIALS-Compensation-PDF-May-29-2017<\/a><\/strong><\/p>\n

Section 6662<\/a><\/p>\n

Section 6694<\/a><\/p>\n

Catch up from Chapter 08-Penalties, etc.<\/p>\n

IND-16-Chap-08-Penalty Handout-June-20-2016<\/a><\/strong><\/p>\n

 <\/p>\n

 <\/p>\n

IND-17-Chap-12-2-Homework-Prb-Compensation-WORD-May-29-2017<\/a><\/strong><\/p>\n

IND-17-Chap-12-2-Homework-Sol-Compensation-WORD-May-29-2017<\/a><\/strong><\/p>\n

IND-17-Chap-12-2-Homework-Sol-Compensation-EXCEL-May-29-2017<\/a><\/strong><\/p>\n

 <\/p>\n

Chap-13-Retirement Savings and Deferred Compensation<\/a><\/strong><\/h1>\n

IND-16-Chap-13-1C-Retirement-Computations<\/a><\/strong><\/p>\n

IND-17-Chap-13-LECTURE-MATERIALS-Retirement Plans-June-8-2017<\/a><\/strong><\/p>\n

 <\/p>\n

IND-17-Chap-13-2-Homework-Prb-RETIREMENT-Combined-June-14-2017<\/a><\/strong><\/p>\n

IND-17-Chap-13-2-Homework-Sol-RETIREMENT-Combined-June-14-2017<\/a><\/strong><\/p>\n

IND-17-Chap-13-2-Homework-Sol-RETIREMENT-Combined-EXCEL-June-14-2017<\/a><\/strong><\/p>\n

 <\/p>\n

 <\/p>\n

 <\/p>\n

 <\/p>\n

\n

IND-15-Chp-00-2-Code-Another-Big-Picture<\/a><\/h1>\n
\n

 <\/p>\n

 <\/p>\n

IND-14-Chp-13-Early-Withdrawal-Sec 72t-2012<\/a>
\nIND-14-Chp-13-Young Kim-IRA-penalty<\/a>
\nDomanico-Early withdrawal<\/a><\/p>\n

IND-17-Chap-12-1-EXCEL-Lecture-Problems-COMPENSATION-2017<\/a><\/h1>\n

IND-17-Chap-13-1-EXCEL-Lecture-Problems-JUNE-14-2017<\/a><\/h1>\n

IND-17-Chap-13-Code for Lecture-BIGPrint<\/a><\/p>\n

 <\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Advanced Individual Income Tax- Summer 2017 Latest files posted. IND-17-Chap-00-Tst-1-Exm-Prb-Summer-2017-Edited-June-5-2017-POST   IND-17-Chap-00-Tst-2-Exm-Prb-Summer-2017-Edited-June-13-2017   IND-17-Chp-03-Lecture and Group Discussion Materials-2017 The following file contains some code sections (partial) that will be helpful when discussing Chapters 3 and 4. IND-17-Chap-03-Plus-Selected-Code-Sections-Heavily-Edited IND-17-Chap-04-1-Lecture and Discussion Materials-2017-May-23-Post   IND-17-Chap-00-1-Adv-Indiv-Tax-Class-Plans-One-Page-May-13-2017 IND-17-Chp-00-Class-plan-Big Calendar-2017 The next file contains the 2017 tax rate schedules, exemption […]<\/p>\n","protected":false},"author":824,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"open","template":"","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"class_list":["post-82","page","type-page","status-publish","hentry"],"jetpack_shortlink":"https:\/\/wp.me\/P5kuRp-1k","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/belkcollegeofbusiness.charlotte.edu\/hgodfrey\/wp-json\/wp\/v2\/pages\/82","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/belkcollegeofbusiness.charlotte.edu\/hgodfrey\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/belkcollegeofbusiness.charlotte.edu\/hgodfrey\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/belkcollegeofbusiness.charlotte.edu\/hgodfrey\/wp-json\/wp\/v2\/users\/824"}],"replies":[{"embeddable":true,"href":"https:\/\/belkcollegeofbusiness.charlotte.edu\/hgodfrey\/wp-json\/wp\/v2\/comments?post=82"}],"version-history":[{"count":171,"href":"https:\/\/belkcollegeofbusiness.charlotte.edu\/hgodfrey\/wp-json\/wp\/v2\/pages\/82\/revisions"}],"predecessor-version":[{"id":3185,"href":"https:\/\/belkcollegeofbusiness.charlotte.edu\/hgodfrey\/wp-json\/wp\/v2\/pages\/82\/revisions\/3185"}],"wp:attachment":[{"href":"https:\/\/belkcollegeofbusiness.charlotte.edu\/hgodfrey\/wp-json\/wp\/v2\/media?parent=82"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}