Federal Income Tax

Section 2, Fall 21

Schedule Information

Enrollment: 44/59
Credits: 4
Day Time Room Start Date End Date
  • TRF
  • 1000-1120
  • WB126
08/26/2021 11/30/2021

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.

Written Work Product
Written Work Product:

Other Work

Other Course Details
Prerequisites: None Concurrencies: None
Mutually Exclusive With: None
Laptops Allowed: Yes
First Day Attendance Required: No
Course Resources: To be announced.
Course Notes:

Graduation Requirements

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

*If “Yes,” then students are required to submit a substantial research paper in this course, which means students do not need to submit any form to SRO for this paper to meet their upper-level writing requirement. If “No,” then students must submit a “special request” e-form to SRO (available via LawWeb) no later than five weeks after the start of the term for a paper in this class to be counted toward the upper-level 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.
121820091
Law No.
LAW6106
Modified Type
Lecture
Cross Listed: No
Cross-Listed Course Mnemonic:
Public Syllabus Link: None
Evaluation Portal Via LawWeb Opens: Wednesday, November 17, 12:01 AM
Evaluation Portal Via LawWeb Closes: Friday, December 03, 11:59 PM
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