Basics of Income Tax

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This introductory course on income tax covers what are the different types of income, why income tax is important and what you need to know about filing your tax return.

This course aligns with the ‘Employment & Income’ module of the Jump$tart National Standards in K-12 Personal Finance Education.

At the end of this course, you will be able to:

  • Describe what is income and the different types of income
  • Explain what is income tax and its applicability
  • Understand what is an Income Tax Return and how is it filed

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