Section 199A: Review and Recent Developments

Description

This program addresses the Section 199A deduction for flow-through entity income, including a review of the major provisions, forms reporting, and recent developments.

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.

Date/Time

Monday, November 23, 2020
Registration Time: 10:00am
10:00am – 12:00pm

Add to Outlook calendar

Course Type

On-line Live Vendors

CPE Credit

2.00 hours CPE credit

Field of Study

Taxation

Level of Knowledge

Intermediate

Designed For

CPAs in public practice and industry seeking an update on the latest tax developments impacting the flow-through entities deduction

Vendor

CPA Crossings

Prerequisites

Basic working knowledge of business and individual taxation

Advanced Preparation

None

Highlights

The major topics that will be covered in this class include:

  • A deep-dive look at the Section 199A flow-through entities deduction
  • Calculation of qualified business income
  • Application to rental real estate - "safe harbor" rule and aggregation rules
  • Self-rental rule for Section 199A compared to self-rental rule for passive activities
  • Differing impact on the sole proprietorship, partnerships and S Corporations
  • Forms reporting on Forms 8995 and 8995-A
  • Section 199A flowchart

Objectives

After attending this presentation you will be able to...

  • Recognize the deduction for income from flow-through entities using flowcharts and examples
  • Identify the rules pertaining to Section 199A

Location

N/A (This is a webcast)
Member Fee $79.00
Non-Member Fee $79.00
Your Price $79.00

Registration for this course has passed.

View more conferences and courses

Registered for CPE? Log in to download electronic course materials.