Books Income Tax Fundamentals (with TaxCut Tax Prep Software)
Books and Publications Average Rating:

Rating: - Great Text!
Have used this text for a number of years and enjoyed it. It introduces the student to the 1040 and all the basic schedules. The book contains copies of the 1040 and schedules plus worksheets. A practical approach to individual income taxes.

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Rating: - Simply Awful!
I have prepared taxes professionally for over 20 years and have taught tax preparation for 5. This book is the worst I have come across in that time and should be avoided at all costs!

The content and flow is nonsensical, there is literally no explanation about ANY forms or schedules, and the sample problems are illogical.

In Chapter 1 the book introduces all the various taxable entities including Partnerships and Corporations, which it then tries to cover in a chapter each later in the text. Who in their right mind thinks they can cover corporate tax in a chapter? And what about that is "fundamental?"

Chapter 3 has a single problem that requires the student to fill out a 1040, a Schedule C for a sole proprietorship, a Schedule D for a non-business bad debt, and a Schedule E for a vacation rental. This is very advanced material for the third chapter of a "fundamental" text.

I could go on and on about how bad this book is, but just be warned: RUN for your life from this book and any teacher/professor who selects it!

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Rating: - mediocre book
This book although it is detailed does not give enough information on how to actualy fill out tax returns. There are many problems in the book but the text does not really help in getting the answers.
A mediocre book overall.