These Teaching Notes provide solutions to all requirements of Parts 1, 2, and 3 of the case. It additionally highlights common mistakes that we have observed from students as well as various options for instructors to consider when implementing the case. At the end of these Teaching Notes, we include two Appendices (Appendices A and B), which contain an optional grading rubric for the case as well as an alternative client scenario and solutions using the married filing jointly (MJF) filing status. These Teaching Notes are also accompanied by six spreadsheets (see Appendix C for a listing of the spreadsheets and hyperlinks). The first two spreadsheets are templates for students to use to start Part 2 of the case for the Single and MFJ scenarios. The remaining four spreadsheets are the Part 2 spreadsheet solutions for Single and MFJ taxpayers for tax years 2018 and 2019. Instructors should inform...
S Corporations and IRC Section 199A: Incorporating Excel Into Tax-Planning Scenarios
We appreciate feedback from conference participants at the 2019 ATA Midyear Teaching and Curriculum Conference. We also appreciate the helpful feedback of Kerry Inger, Mary Marshall, Stephenn Taunton, and John Treu, as well as the research assistance of Marshall Brown, Madison May, Ethan Simmons, and Hope Wood.
Lauren A. Cooper, West Virginia University, John Chambers College of Business and Economics, Morgantown, WV, USA; Kimberly G. Key and Mollie E. Mathis, Auburn University, Harbert College of Business, School of Accountancy, Auburn, AL, USA.
Please do not make the Teaching Notes available to students or post them on websites.
Supplemental materials can be accessed by clicking the links in Appendix C.
Editor's note: Accepted by Valaria P. Vendrzyk.
Lauren A. Cooper, Kimberly G. Key, Mollie E. Mathis; S Corporations and IRC Section 199A: Incorporating Excel Into Tax-Planning Scenarios. Issues in Accounting Education Teaching Notes 1 August 2021; 36 (3): 1–25. https://doi.org/10.5555/ISSUES-19-059tn
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