Before Your Start Working on This Study Unit

Please review the Detailed Course Schedule for the list of the course assignments that are due this week. Please complete these course assignments by the due dates. Assignments submitted late will not be accepted unless you request an extension.

The deadlines to complete course assignments will be extended because of certain valid and well documented reasons, such as true medical, family and weather emergencies and unexpected job travel. If you need an extension, please send me a message through Canvas inbox before the deadline. Extensions requested after the deadline will not be provided.

Supplemental Materials for This Study Unit

If this is your first taxation course, you may want to review optional supplemental content provided for this study unit.

What to Study This Week

This week, we will study the course material that relates to STUDY UNIT 8 Adjustments to Asset Basis and Capital Gains and Losses of the textbook. In this study unit, we will learn how to adjust property basis and how to compute taxable gains and losses related to property transactions.

The main topic of this study unit is:

Property transactions.
Gains and losses.

Upon successful completion of this study unit, you will be able to:

Identify taxable property transactions.

Assignments Due This Week

Quiz for Study Unit 8 must be completed in Gleim.
Examination for Study Units 6-8 must also be completed in Gleim.

How to Succeed in This Course

First, read this week's Study Unit in the textbook (or online).
Then, view the video lecture about this week's Study Unit in Gleim and at the same time review the lecture slides that are provided in the modules.
Then, listen to the audio lecture about this week's Study Unit in Gleim. Helpful hint: audio lectures can be downloaded from the website and saved to an USB drive. You may want to consider listening to the audio lectures in your car.
Reach out to Gleim Personal Counselor for study tips.
Practice test questions using Gleim review software.
Lastly, complete the course assignments.

What If I Need Help

Reach out to a Gleim personal counselors if you have any questions.
Post them into this week's discussion forum.
Reach out to your instructor.

Look Ahead

Please note that Examination for Study Units 9-10 will take place next week.