Federal Taxation
P R E N T I C E H A L L’ S F E D E R A L TA X AT I O N
2013
Individuals
EDITORS
THOMAS R. POPE
University of Kentucky
KENNETH E. ANDERSON
University of Tennessee
CONTRIBUTING AUTHORS
D. DALE BANDY
University of Central Florida
LEANN LUNA
University of Tennessee
N. ALLEN FORD
University of Kansas
TIMOTHY J. RUPERT
Northeastern University
ROBERT L. GARDNER
Brigham Young University
CHARLENE HENDERSON
Mississippi State University
RICHARD J. JOSEPH
Hult International Business School
MICHAEL S. SCHADEWALD
University of Wisconsin–Milwaukee
Boston Columbus Indianapolis New York San Francisco Upper Saddle River Amsterdam Cape Town Dubai London Madrid Milan Munich Paris Montreal Toronto Delhi Mexico City São Paulo Sydney Hong Kong Seoul Singapore Taipei Tokyo
VP, Editorial Director: Sally Yagan AVP/Editor-in-Chief: Donna Battista Acquisitions Editor: Victoria Warneck Product Development Manager: Ashley Santora Editorial Project Manager: Melissa Pellerano Editorial Project Manager: Christina Rumbaugh Editorial Assistant: Jane Avery Director of Marketing: Maggie Moylan Leen Marketing Manager: Alison Haskins Marketing Assistant: Ian Gold Senior Managing Editor: Nancy Fenton Senior Production Project Manager: Roberta Sherman Manufacturing Manager: Evelyn Beaton Manufacturing Buyer: Megan Cochran Cover Designer: Jill Lehan Art Director: Steve Frim Cover Image: Ryan Rodrick Beiler/Shutterstock Permissions Researcher: Jill Dougan Production Media Project Manager: John Cassar Media Product Manager: Sarah Peterson Full-Service Project Management: Diane Kohnen/S4Carlisle Publishing Services Composition: S4Carlisle Publishing Services Printer/Binder: Courier/Kendallville Cover Printer: Lehigh-Phoenix Color/Hagerstown Text Font: 10/12 Sabon Credits: Copyright © 2010. American Institute of Certified Public Accountants, Inc. All rights reserved. Used or adapted with permission. Photo credits: chapter openers Dgrilla/Shutterstock;
2013
Individuals
EDITORS
THOMAS R. POPE
University of Kentucky
KENNETH E. ANDERSON
University of Tennessee
CONTRIBUTING AUTHORS
D. DALE BANDY
University of Central Florida
LEANN LUNA
University of Tennessee
N. ALLEN FORD
University of Kansas
TIMOTHY J. RUPERT
Northeastern University
ROBERT L. GARDNER
Brigham Young University
CHARLENE HENDERSON
Mississippi State University
RICHARD J. JOSEPH
Hult International Business School
MICHAEL S. SCHADEWALD
University of Wisconsin–Milwaukee
Boston Columbus Indianapolis New York San Francisco Upper Saddle River Amsterdam Cape Town Dubai London Madrid Milan Munich Paris Montreal Toronto Delhi Mexico City São Paulo Sydney Hong Kong Seoul Singapore Taipei Tokyo
VP, Editorial Director: Sally Yagan AVP/Editor-in-Chief: Donna Battista Acquisitions Editor: Victoria Warneck Product Development Manager: Ashley Santora Editorial Project Manager: Melissa Pellerano Editorial Project Manager: Christina Rumbaugh Editorial Assistant: Jane Avery Director of Marketing: Maggie Moylan Leen Marketing Manager: Alison Haskins Marketing Assistant: Ian Gold Senior Managing Editor: Nancy Fenton Senior Production Project Manager: Roberta Sherman Manufacturing Manager: Evelyn Beaton Manufacturing Buyer: Megan Cochran Cover Designer: Jill Lehan Art Director: Steve Frim Cover Image: Ryan Rodrick Beiler/Shutterstock Permissions Researcher: Jill Dougan Production Media Project Manager: John Cassar Media Product Manager: Sarah Peterson Full-Service Project Management: Diane Kohnen/S4Carlisle Publishing Services Composition: S4Carlisle Publishing Services Printer/Binder: Courier/Kendallville Cover Printer: Lehigh-Phoenix Color/Hagerstown Text Font: 10/12 Sabon Credits: Copyright © 2010. American Institute of Certified Public Accountants, Inc. All rights reserved. Used or adapted with permission. Photo credits: chapter openers Dgrilla/Shutterstock;