Federal Taxation of Partnership Distributions
Date: Wednesday, October 28, 2026
Instructor: Greg White
| Begin Time: |
11:00am Pacific Time
12:00pm Mountain Time
1:00pm Central Time
2:00pm Eastern Time |
| CPE Credit: |
2 hours for CPAs
2 hours Federal Tax Related for EAs and OTRPs
2 hours Federal Tax Law for CTEC |
|
NOTE: Go to My Professional Profile in your CCH CPELink account settings to ensure your name, and PTIN number; matches your PTIN card
We’ll cover a very complicated topic in a way that’s understandable, including lots of examples.
Who Should Attend
Tax professional who want to gain a better understanding of one of a complex Federal taxation area.
Topics Covered
- Liquidating a partnership without paying tax.
- Disguised sales
- Taxability of cash distributions
- When payments of a partner’s medical insurance or HSA contributions are treated as distributions
Learning Objectives
- Calculate the taxability of cash distributions
- Calculate the taxability of non-cash contributions
- Identify the effect of decreases in liabilities as distributions
- Identify distributions that are treated as sales of property
- Identify the effects of distributions on inside basis of partnership assets (section 734)
Level
Advanced
Instructional Method
Group: Internet-based
NASBA Field of Study
Taxes (2 hours)
Program Prerequisites
Knowledge of Partnership Distributions
Advance Preparation
None
