Schedule K-1 (scheduled webinar)

  • Credits: 2
  • Format: Scheduled Webinar
  • Field of Study: Federal Tax Law
  • Author/Speaker: Mary Jane Hourani
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Available Formats:        
Advanced Preparation: None
Experience Level: Intermediate
Program Prerequisites: General Understanding of Taxation
Course ID: EWTFM-T-01838-21-O | 6233-CE-0553
Published Date: © August 2021

COURSE DESCRIPTION

This seminar will focus on Schedule K-1 that a taxpayer may receive from a pass-through entity. It will detail the most common characteristics of Schedule K-1 and how to report them on the Individual Income Tax Form 1040. Discussion of relevant basis and loss limitations will also be addressed in this Webinar as well.

Learning Objectives:

After reading the course material, you will be able to:

  • Define what a Schedule K-1 is.
  • Distinguish the differences between Schedule K-1 received from different entities.
  • Outline the application of Basis Limitation, Loss Limitations, and Material Participation.
  • Compare and Examine several case studies.

Who Should Attend:
  • All Certified Public Accountants (CPAs)
  • Enrolled Agents (EAs)
  • Other Tax Return Preparer (OTRP)

Qualifies and Approved with all State Boards of Accountancy and the following sponsorship’s:
NASBA
IRS
CTEC