Income Tax Fundamentals 2020 Edition is designed as a self-contained book for an introductory course in individual income taxation. We take pride in the concise, current,
and practical coverage of the income tax return preparation process. Income Tax
Fundamentals continues to be the market-leading textbook with a tax forms-based approach
that is a reliable choice, with an experienced author team that offers a commitment to
accuracy. The workbook format of the textbook presents materials in practical sections with
multiple examples and review problems. The presentation of the material does not assume
that the reader has taken a course in accounting, making it appropriate for use as a selfstudy guide to federal income tax.
This book includes many examples to help illustrate learning objectives. After reading
each section, including the examples, answer the corresponding Self-Study Problems. You
can find the solutions to the Self-Study Problems at the end of the textbook in Appendix E
to check your accuracy. Use your performance to measure your understanding, and
re-read the Learning Objectives section if needed. Many key tax terms are defined in
each chapter, which will help improve your overall comprehension.