18 Va. Admin. Code § 35-20-510

Current through Register Vol. 41, No. 8, December 2, 2024

Section 18VAC35-20-510 - Basic federal income tax

Examination of federal income tax law as it applies to individuals, including their roles as partners and shareholders. Topics include: concepts of income, gross income, net income; when income should be taxed, to whom it should be taxed and its character as unearned, earned or capital gain income. Deductions are also examined in detail. Basic partnership and corporate tax law is examined.

18 Va. Admin. Code § 35-20-510

Derived from VR168-01-04 § 9.17, eff. March 1, 1993.

Statutory Authority

§§ 54.1-3922 and 54.1-3926 of the Code of Virginia.