CPAs working in public accounting firms and/or working for a partnership
Basic working knowledge of partnership taxation
This program provides a detailed analysis of the calculations related to determining a partner's tax basis for a partnerships interest using the Form 1065, Schedule K-1 information. An illustrated example with filled in forms will demonstrate how the process works and discuss its many potential pitfalls. Also, "tax basis" capital accounts must be reported in 2020 Form 1065 K-1s. This course explores what that means and how to calculate tax basis capital accounts.
This course qualifies for PTIN credit.
This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.
This course is being offered by a 3rd party vendor and will not be accessible on your My CPE page. Webinar access information will be emailed directly to you by CPA Crossings.