VALPARAISO UNIVERSITY
 SCHOOL OF LAW

JOHN POTTS, PROFESSOR OF LAW

F a m i l y T a x a t i o n

Spring 2008 Announcement

Copyright © 2008 by John J. Potts

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The following flyer was posted on April 1, 2008

Family Taxation
(1 credit)

Fall 2008

Federal Income Taxation of the Family (Family Taxation) is planned for fall semester 2008. The course is offered irregularly; it was last offered in 2004.

Family Taxation picks up where Federal Income Taxation of Individuals (Individual Taxation) leaves off. Individual Taxation covers the idea of income and the manner of its taxation. It assumes the taxpayer’s identity. Family Taxation covers choice of taxpayer, or who is the taxpayer. Taxpayer efforts to have another pay the tax at a lower rate, due to the progressive character of income tax rates, have frequently been tried in the family context. These efforts have been varied and creative, and sometimes successful. Federal income taxation of trusts is covered briefly as trusts have often been used for these purposes. The course is not about the tax consequences of divorce.

The syllabus for the 2004 Family Tax offering is linked on my home page:

http://faculty.valpo.edu/jpotts

The syllabus for 2004 is only a sample from the past. There will be changes for fall 2008.

John Potts