Cookies on NWTC's Website

Accounting-Personal Tax

Class Number: ACCOUNT 10101154-2 - Accounting-Personal Tax
Offering Status: Open
Academic Level: Post_Secondary
Back

Course Description

10-101-154 ACCOUNTING-PERSONAL TAX ...history and research of tax law and regulations; preparation of federal individual income taxes including form 1040 and supporting schedules and forms.

Course Typically Offered

  • Fall
  • Spring

Most NWTC classes are offered in 8-week sessions. Learn more about how our class schedule can help you succeed.

What will I learn?

  1. Define the history of Federal Taxation and the formula for tax determination.
  2. Define standard deductions and exemptions.
  3. Complete Federal tax forms.
  4. Identify gross income.
  5. Identify gross income exclusions.
  6. Categorize personal deductions and prepare Schedule A form.
  7. Identify business income, deductions, and calculate self-employment.
  8. Determine the tax consequences of other activities and prepare necessary forms.
  9. Determine income tax consequences of property transactions, including sales exchange, or other disposition of property.
  10. Identify property transactions that require recognition. Calculate gain or loss and complete necessary tax forms.
  11. Calculate tax credits and other taxes or taxing methods and complete necessary tax forms.
  12. Complete the TSA practice set for individuals.

Class Details

Class Number:
ACCOUNT 10101154-2 - Accounting-Personal Tax
Date:
-
Delivery:
Other Distance Mode
Term:
2026 Fall Session 1

Class Notes

Class Format:

·         Combination of online-live and online instruction.

·         Attend live virtual sessions at scheduled times.

·         Access remaining instruction online anytime.

·         For more info, visit Online Live Classes.

Course Materials:

·         Digital materials will be available on Canvas by the first day of class.

·         The fee is included in your tuition statement as the 'Digital Material Access Fee'.

·         You can optionally buy a print version of the textbook from the NWTC Bookstore.

Meetings Times

Dates Day(s) / Time Location
8/20/2026 - 10/12/2026 Online Live Thursday
5:30 PM - 9:20 PM
8/20/2026 - 10/12/2026 Online
12:00 AM - 12:00 AM

* Cost displayed is based on in-state residency. Back to cost