Fundamentals of Federal Income Taxation Cases and Materials - 21st Edition - Lind

Fundamentals of Federal Income Taxation, Cases and Materials
21st Edition

ISBN: 9798895458495

This widely adopted casebook offers comprehensive coverage of federal income taxation through a carefully integrated study of the Internal Revenue Code, leading judicial decisions, Treasury regulations, and IRS rulings. The Twenty-First Edition retains the organization and proven pedagogy that have made it a trusted resource for generations of students while incorporating significant legislative, judicial, and regulatory developments.

The new edition has been thoroughly updated to reflect the tax legislation enacted in 2025 as An Act to provide for reconciliation pursuant to title II of H. Con. Res. 14 (Pub. L. No. 119-21), commonly known as the One Big Beautiful Bill Act (OBBBA), along with other recent changes in federal tax law.

Highlights of the revised edition include new or expanded coverage of:

• The Supreme Court's decisions in Moore v. United States and Loper Bright Enterprises v. Raimondo
• The Section 108(f) exclusion for discharged student loan debt
• Section 529 qualified tuition programs
• Sections 174 and 174A deductions for research and experimental expenditures
• The Section 168 accelerated cost recovery system, including Section 168(n) expensing for qualified production property and Section 179 bonus depreciation
• The Section 163(j) limitation on business interest deductions
• The new Section 163(h)(4) deduction for qualified passenger vehicle loan interest
• The Section 164 limitation on state and local tax (SALT) deductions
• The Section 461(l) limitation on excess business losses for noncorporate taxpayers
• The Section 165(d) limitation on wagering loss deductions
• The new Section 224 deduction for qualified tips
• The new Section 225 deduction for qualified overtime compensation
• The new Section 151(d)(5) deduction for seniors
• Section 63 provisions governing the standard deduction and itemized deductions
• The Section 67 limitation on miscellaneous itemized deductions
• The new Section 68 overall limitation on itemized deductions
• Tax accounting issues involving peer-to-peer payment applications
• Section 530A Trump Accounts and Section 128 Trump Account contribution programs
• The Section 1202 exclusion for qualified small business stock
• The Section 170 charitable contribution deduction, including the Section 170(p) deduction for non-itemizers
• The Section 199A qualified business income deduction
• The Section 21 credit for household and dependent care expenses
• The Section 23 credit for qualified adoption expenses
• The Section 24 child tax credit
• The Section 25A American Opportunity and Lifetime Learning Credits
• The alternative minimum tax

The casebook is accompanied by a comprehensive Teacher's Manual containing answers to problems, overview exercises, commentary, and citations to additional authorities. Teaching resources for the Twenty-First Edition also include formative assessment materials designed to strengthen student understanding, such as multiple-choice questions with explanatory feedback and statutory interpretation exercises that reinforce analytical skills. In addition, the instructional materials provide practical guidance for incorporating formative assessment into a Federal Income Tax course and explain how the casebook and its accompanying resources satisfy ABA Standard 314's requirement to use formative assessment methods that measure student learning, improve performance, and provide meaningful feedback throughout the course.

Fundamentals of Federal Income Taxation, Cases and Materials
21st Edition

ISBN: 9798895458495, 979-8895458495, 979-8-89545-849-5, 979-8-8954-5849-5

Alternate ISBNs 9798317711931, 9798317706807

Stephen A. Lind

Daniel J. Lathrope, University of San Francisco School of Law

Heather M. Field, UC College of the Law, San Francisco