Following tax rate schedule tax base 1 tax brackets 2

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following: Tax Rate Schedule Tax Base 1. Tax Brackets 2. Tax Rate 1. Tax Entity (taxpayer) 2. Valuation Components o Tax Accounting Periods o Tax Accounting Methods o Tax Accounting Items
ACCT 346
ACCT 346 RIA Search Section Authoritative reference and question 1. What is the title of Internal Revenue Code §1?
2. What is the tax base per IRC §1? (In other words, per §1, what constitutes the "items" to be subjected to the tax rate schedule?) 3. What is the amount of
income that is subject to the highest marginal tax rate
under IRC §1? 4. What is the highest marginal tax rate under IRR §1.1-2 for tax years ending
before 1/1/1971? B. Find Federal Code 5. What is the tax base per IRC §11? (In other words, per §11, what constitutes the "items" to be included in the
tax base?)
6. What is the highest marginal tax rate under IRC
§11? 7. According to IRR §1.11- 1(b), what does the tax imposed by section 11
consist of?
ACCT 346 8. What is the title of Internal Revenue Code §641? 9. What is the highest
marginal tax rate under IRC §641? 10. According to IRR §1.641(a)-2, how is the gross income of an estate or trust determined (be brief)?

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