Abstract:
Various income tax concepts, specifically applicable to the beef cattle industry, are developed in a senior-level beef cattle science course. Further, "humorous sceranios" involving specific monthly income/expense transactions are utilized to illustate how these income tax concepts are applied in completing a joint 1040 income tax return, first manually and then by microcomputer, for a specific beef cattle operation. Student response to teaching a section on income taxation in the senior-level beef cattle science course and, specifically to utilizing this approach, has been favorable.
Keywords:
humor, microcomputer, income tax, beef cattle science