TEST BANK McGraw-Hill's Essentials of Federal Taxation 2025 Edition, 15th Edition By Brian Spilker, Benjamin Ayers, Verified Chapters 1 - 17, Complete

TEST BANK McGraw-Hill's Essentials of Federal Taxation 2025
Edition, 15th Edition By Brian Spilker, Benjamin Ayers, Verified

Chapters 1 - 17, Complete




Version 1 1

, McGraw-Hill's Essentials of Federal Taxation




TABLE OF CONTENTS


Part I: Introduction to Taxation
Chapter 1: An Introduction to Tax
Chapter 2: Tax Compliance, the IRS, and Tax Authorities

Chapter 3: Tax Planning Strategies and Related
Limitations


Part II: Individual Taxation
Chapter 4: ndividual Income Tax Overview, Dependents, and Filing Status
Chapter 5: Gross Income and Exclusions

Chapter 6: Individual For AGI Deductions

Chapter 7: Individual From AGI Deductions
Chapter 8: Individual Income Tax Computation and Tax Credits


Part III: Business-Related Transactions
Chapter 9: Business Income, Deductions, and Accounting Methods
Chapter 10: Property Acquisition and Cost Recovery

Chapter 11: Property Dispositions



Part IV: Entity Overview and Taxation of C Corporations
Chapter 12: Business Entities Overview
Chapter 13: Corporate Formations and Operations
Chapter 14: Corporate Nonliquidating and Liquidating Distributions

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, McGraw-Hill's Essentials of Federal Taxation

Part V: Taxation of Flow-Through Entities
Chapter 15: Forming and Operating Partnerships
Chapter 16: Dispositions of Partnership Interests and Partnership Distributions

Chapter 17: S Corporations




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, McGraw-Hill's Essentials of Federal Taxation

Chapter 1: An Introduction to Tax
answers at the end of every chapters

Student name:

1) The dfollowing dare da dseries dof dtables dthat dmay dbe dreferred dto din
dseveral dquestions dthroughout dyour dtest. dPlease drefer dto dthese dtables das

dneeded dor das ddirected. d2023 dTax dRate dSchedules d Individuals Schedule
dX-Single


If dtaxable dincome dis But dnot dover: The dtax dis:
dover:

$ d0 $ d9,950 10% dof dtaxable dincome
$ d9,950 $ d40,525 $995 dplus d12% dof dthe dexcess dover
$9,950
$ d40,525 $ d86,375 $4,664 dplus d22% dof dthe dexcess dover
$40,525
$ d86,375 $ d164,925 $14,751 dplus d24% dof dthe dexcess dover
$86,375
$ d164,925 $ d209,425 $33,603 dplus d32% dof dthe dexcess dover
$164,925
$ d209,425 $ d523,600 $47,843 dplus d35% dof dthe dexcess dover
$209,425
$ d523,600 — $157,804.25 dplus d37% dof dthe dexcess
over d$523,600
Schedule dY-1-Married dFiling dJointly dor dQualifying dWidow(er)

If dtaxable dincome dis But dnot dover: The dtax dis:
dover:

$ d0 $ d19,900 10% dof dtaxable dincome
$ d19,900 $ d81,050 $1,990 dplus d12% dof dthe dexcess dover
$19,900
$ d81,050 $ d172,750 $9,328 dplus d22% dof dthe dexcess dover
$81,050
$ d172,750 $ d329,850 $29,502 dplus d24% dof dthe dexcess dover
$172,750


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