Individual Income Taxation


Federal income tax law and the Treasury Department’s own regulations weave a complex tapestry of legal requirements that can be complex for new and aspiring accountants to understand. Through online lectures and instructor-led Q&A sessions, you will learn the basic philosophy of taxation, determination of taxable income, allowable deductions and gains and losses on sales and exchanges of property for the individual taxpayer. Emphasis is placed on preparation of federal income tax returns and learning to utilize varied references to deal with tax accounting problems and tax planning. By the end of this course, students will have a fundamental understanding of modern accounting practices and federal income taxation.

Learning Outcomes

  • Apply the fundamentals of federal income taxation
  • Have a fundamental understanding of the basic philosophy of taxation
  • Identify taxable income
  • Estimate allowable deductions and prepare a moderately complicated personal income tax return

Skills You Will Gain

  • Federal income taxation
  • Tax determination
  • Deductions
  • Tax form preparation

Academic Units
Section Number
Instruction Method
Online class

Association Credits

American Institute of CPAs (CPE)
40.00 CPE hours

Section Notes

This course is a paced-asynchronous course, which means that all students will be proceeding through the course at the same time. The course consists of online materials, reading assignments, written assignments and discussion forums. The lessons open on a weekly basis throughout the duration of the class. The time it takes you to complete each lesson depends on your individual approach and learning style, but in a given week, students can generally expect to spend approximately:

  • 5-6 hours in online lectures and discussion forums
  • 5-6 hours of work outside of class on readings and assignments

This course begins on September 16, 2024, but students can enroll through September 23, 2024. All coursework must be completed by December 8, 2024. 

Refund Deadline October 1, 2024. Refunds and/or enrollment transfers will not be approved after this date.



Enrollment Policies

Drop requests (withdraw with a refund) will be approved, less a $30 processing fee, if the request is received by the refund deadline on October 1, 2024. Refunds and/or enrollment transfers will not be approved after this date. Visit to view complete enrollment policy information including details on withdrawals and transfers.

All drop requests for Fast Track students must first be approved by the program office.


Principles of Financial Accounting

Technical Requirements

To ensure your success in this online course, please review our technical requirements page at online learning.

Section Course Materials

South-Western Federal Taxation 2023: Individual Income Taxes, 46t



Early Enroll Discount

Enroll 14 days before the course start date to save $50 on the course fee.

Info Session Discount

Attendees of UC Davis Continuing and Professional Education Information Sessions may be eligible for $100 discount on a class by entering the Coupon Code provided at the Information Session.  Contact UC Davis Continuing and Professional Education Student Services office, at (800) 752-0881, if you have questions about this discount.