Of the many topics we looked at this semester, which do you think would be most difficult to explain to a tax client? Why?

the topics is:

•  Introduction to Taxation, the Income Tax Formula, and Form 1040    
• Expanded Tax Formula, Form 1040
• Gross Income Inclusions and Exdlusions      
• Adjustments for Adjusted Gross Income   
• Itemized Deductions
• Self Employed Business Income (Line 12 of Schedule 1 and Schedule C)
• Capital Gains and Other Sales of Property
• Rental Property, Royalties, and Income from Flow-Through Entities   
• Tax Credits
• Payroll Taxes    
• Special Property Transactions     
• At Risk/Passive Activity Loss Rules and the Individual Alternative