Introducing "Enrolled Agent Individual Taxation Part 1 - Questions and Answers," a comprehensive book designed to help individuals master the intricate world of taxation according to IRS guidelines. This book features over 1000+ multiple-choice questions, meticulously crafted to cover a wide range of topics crucial for understanding individual taxation.

Divided into six chapters and four practice tests, this resource offers a structured approach to learning, with each section focusing on key areas essential for navigating the complexities of tax law. From fundamental concepts such as taxpayer data and filing status to more advanced topics like capital gains and losses, the book provides in-depth coverage to ensure thorough comprehension.

Whether you're a tax professional seeking to enhance your knowledge or a student preparing for Enrolled Agent certification, this book serves as a valuable tool for honing your expertise. With detailed answers accompanying each question, learners can reinforce their understanding and identify areas for further study.

Topics covered include:

• Taxpayer Data, Filing Status, and Residency
• Dependency Relationships
• Taxable and Nontaxable Income
• Investment Income and Expenses, Basis of Assets
• Capital Gains and Losses, Nonrecognition Property Transactions
• Rental, Royalty, and Other Taxable Income
• AGI, Standard Deduction, and Itemized Deductions
• ITC, ACA, and PTC
• Additional Taxes and Credits
• IRA, FFR, and Estate and Gift Taxes for Individuals
  

Whether you're preparing for exams or aiming to deepen your understanding of individual taxation, "Enrolled Agent Individual Taxation Part 1 - Questions and Answers" is your comprehensive guide to mastering IRS regulations and principles.