A neighbor and friend called yesterday and asked if I could help his daughter with her tax homework. (I know in these summer classes they cover the material pretty quickly.) I told him it has been a while but sure I'd try.
The instructor provided a case study giving all the facts to prepare a return for an individual. The return had a ton of interesting quirks.
-- taxable and non taxable interest and income
-- qualified and non qualified interest
-- gain on the sale of a personal car
-- alimony
-- a host of 'dependents'
And on and on ... we spent 1 hour and 45 minutes going over it. I think we had a decent product when I kicked her out. My knee was aching pretty well by then..
During our chat she told me the textbook for this course $500. More then I paid for a single semester tuition and books when I went so many years ago. I thought the $230 tuition was all the money in the world. How times change
The instructor provided a case study giving all the facts to prepare a return for an individual. The return had a ton of interesting quirks.
-- taxable and non taxable interest and income
-- qualified and non qualified interest
-- gain on the sale of a personal car
-- alimony
-- a host of 'dependents'
And on and on ... we spent 1 hour and 45 minutes going over it. I think we had a decent product when I kicked her out. My knee was aching pretty well by then..
During our chat she told me the textbook for this course $500. More then I paid for a single semester tuition and books when I went so many years ago. I thought the $230 tuition was all the money in the world. How times change
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