Advanced Issues in the Preparation of Form 1041

The start date for this course has passed. Registration is no longer available.

This course is 2.00 credits
Field of Study
Tax
Course Level
Intermediate
Vendor
BPN, Inc ACPEN

Registration Fees

MSCPA-AICPA Member
$79.00
MSCPA Member
$79.00
AICPA Member
$109.00
Non-Member
$109.00
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Monday, Oct 21, 2019
3:00pm – 5:00pm

Tax compliance issues for fiduciary entities are sometimes confusing to practitioners due to the fact that many lack experience in this area. This course is a follow-up to our basic course on 1041 preparation/compliance. In our basic course, we instruct the practitioners as to how entities work, how to read documents, and how to begin the compliance issues regarding this form. In this class, we examine the advanced issues of compliance regarding the U.S. Income Tax Return for Estates and Trusts (Form 1041). **Please Note: If you need credit reported to the IRS for this IRS approved program, please download the IRS CE request form on the Course Materials Tab and submit to leighanne.conroy@acpen.com.
Tax compliance issues for fiduciary entities are sometimes confusing to practitioners due to the fact that many lack experience in this area. This course is a follow-up to our basic course on 1041 preparation/compliance. In our basic course, we instruct the practitioners as to how entities work, how to read documents, and how to begin the compliance issues regarding this form. In this class, we examine the advanced issues of compliance regarding the U.S. Income Tax Return for Estates and Trusts (Form 1041). **Please Note: If you need credit reported to the IRS for this IRS approved program, please download the IRS CE request form on the Course Materials Tab and submit to leighanne.conroy@acpen.com.

Designed For

CPAs, EAs, and Attorneys

Course Objectives

To provide advanced compliance guidance to preparing the U.S. Income Tax Return for Estates and Trusts (Form 1041)

Major Subjects

Charitable and split-interest trust compliance issues Irrevocable Grantor Trust issues IRC 645 election issues Understanding the basics of Subchapter J of the Internal Revenue Code Schedule A (Charitable Deduction) compliance issues Schedule B (Income Distribution Deduction) compliance issues Advanced Distributable Net Income (DNI) issues

Prerequisites

Basic understanding of Form 1041

The start date for this course has passed. Registration is no longer available.