Assignment 2 An Introduction to four Basic Income Tax Concepts Determination of Income Tax Liability Four Basic Income Tax Concepts Gross Income Items Included as Gross Income Examples of Deductions Allowable in Determining AGI Income; Assignment of, Realization and Recognition of Economic Benefit Theory Doctrine of Constructive Receipt Difference Between Constructive Receipt and Economic Benefit Above-the-line Deductions Adjusted Gross Income Below-the-line Deductions Tax Formula for Individuals Rules for Personal and Dependency Exemptions Unmarried Head of Household Requirements Kidde Tax Tax Return Filing Dates Key notes will appear in this box automatically as the audio review proceeds.