We include a Grading Rubric in Appendix A to help guide point distribution across parts of the case. This rubric can easily be updated as the instructor sees fit. The Excel workpapers solution, Tax Workpapers Key, is included in a separate file. All calculations for solutions are included in the Excel document. We also include the IRS Statistics of Income 2013 1120 data as referenced in the instructions. (See the links in Appendix D to the downloadable materials.) We found the easiest way to grade this part of the case is to have the students print the completed 2018 M-3 to PDF and include with the online submission of their Excel workpapers. Although not required in the student instructions, student-printing eases the instructor burden when grading.
In administering and grading the assignment, a few difficulties surfaced regularly. The first difficulty was how to calculate the charitable contribution deduction limitation. The...
