August 8, 2022 8:00am – 3:30pm Map & Directions 602-252-4144

Webcast: Preparing Complex 1040s

Online registrations are currently closed, please call (602) 324-6847 for additional registration options

Description

This program is designed for the accountant who is ready to handle the most complex individual client's income tax preparation. The program will look at areas that vex CPAs when dealing with individual taxes, including the 199A qualified business income deduction, limitation on deduction of business interest under 163(j), passive activity rules, and the net investment income tax.

Location

ASCPA Live Online Webcast
Phoenix, AZ 85034-6617

Registration Time

7:30am

Fees

Member:
$300
Non-CPA Staff:
$400
Non-CPA Staff (100% club):
$300
Non-CPA Staff (sole proprietor):
$300
Non-Member:
$400
Webcast
Taxation
8

Objectives

Participants will be able to:

  • Solve complex 1040 problems
  • Compute qualified business income deduction
  • Compute tax on net investment income, additional withholding and tax on wages, and self-employment earnings
  • Explain and compute AMT
  • Identify and apply passive activity rules
  • Recognize and advise clients on like-kind exchanges
  • Define and apply at-risk rules
  • Recognize existence of and compute amount of NOL and understand tax implications.

Course Level

Intermediate

Vendor

CalCPA Education Foundation More With This Vendor

Designed For

Practitioners in public practice with experience preparing 1040s.

Prerequisites

General tax knowledge

Highlights

  • Impact of any tax legislation enacted by Congress during the year
  • Qualified business income deduction-who it applies to, how to deal with the limitations, and planning opportunities
  • Passive losses-tracking, triggering, and grouping activities in order to reduce passive income
  • Net investment income tax
  • Like-kind exchanges
  • At-risk rules
  • Excess business and NOL
  • Alternative minimum tax issues

Notes

None

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