Federal Income Tax

Section 1, Fall 17

Schedule Information

Enrollment: 66/68
Credits: 4
Day Time Room Start Date End Date
  • MWR
  • 1540-1700
  • WB128
08/30/2017 12/06/2017

Course Description

This course is an introduction to the federal income tax. It will concentrate on the provisions that apply to all taxpayers, with particular attention paid to the taxation of individuals. The course is designed to provide grounding in such fundamental areas as the concept of income, income exclusions and exemptions, non-business deductions, deductions for business expenses, basic tax accounting, assignment of income, and capital gains and losses. Further particular attention will be paid to the significance of the income tax in government and business, and to policy issues arising from the incentive and distributional effects of tax law. Because of the importance of the federal income tax, and the role of lawyers in the tax system, it is recommended that every student take the basic course at some time during his or her law school career. The course is a prerequisite to all further tax courses including Corporate Tax, Partnership Taxation, and International Taxation.

Course Requirements

Exam Info:
Midterm Type (if any): None
Description: None

Final Type (if any): Flex
Description:

Flex exam at end of semester.

Final Exam Notes:

Flex exam at end of semester.


Written Work Product
Written Work Product:

Other Course Details
Prerequisites: None Concurrencies: None
Mutually Exclusive With: None
Laptops Allowed: Yes
First Day Attendance Required: No
Course Notes:

Graduation Requirements

*Satisfies Writing Requirement: No
**Credits For Prof. Skills Requirement: No
Satisfies Professional Ethics: No

*Yes means professor requires everyone in the course to submit a substantial research paper (which is the requirement standard in Academic Policies), so no paperwork required to be submitted to SRO. No means student must timely submit paperwork to SRO if intending to use a paper in this course to satisfy the Writing Requirement.

**Yes indicates course credits count towards UVA Law’s Prof. Skills graduation requirement, not necessarily a skills requirements for any particular state bar.

Schedule No.
117819894
Law No.
LAW6106
Modified Type
Lecture
Cross Listed: No
Cross-Listed Course Mnemonic:
Public Syllabus Link: None
Evaluation Portal Via LawWeb Opens: Wednesday, November 22, 12:01 AM
Evaluation Portal Via LawWeb Closes: Friday, December 08, 11:59 PM