Shared Flashcard Set

Details

CPA REGULATION
Individual Taxation/Taxable Income
31
Accounting
Professional
05/24/2010
Click here to study/print these flashcards.

Create your own flash cards! Sign up here.

Additional Accounting Flashcards

 

 

Cards

Term
Wages
 Definition
Gross Income
Term
Interest
 Definition

Gross Income
Term
Dividend
 Definition

Gross Income
Term
State Tax Refund
 Definition

Gross Income
Term
Alimony Recieved
 Definition

Gross Income
Term
Business Income
 Definition

Gross Income
Term
Capital Gain/loss
 Definition

Gross Income
Term
IRA Income
 Definition

Gross Income
Term
Pension/ Annuity
 Definition

Gross Income
Term
Rental Income/loss
 Definition

Gross Income
Term
K-1 Income/Loss
 Definition

Gross Income
Term
Unemployment Compensation
 Definition

Gross Income
Term
Social Security Benefits
 Definition

Gross Income
Term
Other Income
 Definition

Gross Income
Term
Educator Expenses
 Definition
Adjustments
Term
IRA
 Definition

Adjustments
Term
Student Loan Interest Expense
 Definition

Adjustments
Term
Tuition and Fees Deduction
 Definition

Adjustments
Term
Health Savings Account
 Definition

Adjustments
Term
Moving Expense
 Definition

Adjustments
Term
One half self employment FICA
 Definition

Adjustments
Term
Self Employed Heath Insurance
 Definition

Adjustments
Term
Self Employed Retirement
 Definition

Adjustments
Term
Interest Withdrawal Penalty
 Definition

Adjustments
Term
Alimony Paid
 Definition

Adjustments
Term
Medical Expenses __%
 Definition
Itemized Deduction 7.5%
Term
Taxes State/local (income/sales &property)
 Definition
Itemized deduction
Term
Interest Expense
 Definition
Itemized deduction
Term

Charity

__% Cash

___% Property

 Definition

Itemized deduction

50 % Cahse

30% FMV Property
Term

Causailty/Theft

__%

 Definition

Itemized deduction

10% in excess of AGI 
Term

Miscellaneous 

__%

 Definition

Itemized Deduction

2% in excess of AGI
Supporting users have an ad free experience!