Tax Benefit Rule, Claim of Right Doctrine, Mitigation, & Section 1341

Date: Wednesday, May 1, 2019
Instructor: Jennifer Kowal
Begin Time:  9:00am Pacific Time
10:00am Mountain Time
11:00am Central Time
12:00pm Eastern Time
CPE Credit:  2 hours for CPAs
2 hours Federal Tax Related for EAs and OTRPs
2 hours Federal Tax Law for CTEC

It is common knowledge that tax returns are filed and taxes are paid on an annual basis. Generally, subsequently occurring events do not permit a taxpayer to go back and amend an earlier return. Rules relating to statutes of limitation and return amendment may result in double taxation or a double benefit. Procedural rules such as the tax benefit rule, the claim of right doctrine, the mitigation rules, and I.R.C. section 1341 attempt to address these problems. This course will provide detailed training on these rules and doctrines, illustrated with case studies.

Who Should Attend
Tax practitioners at all levels who provide advice and return preparation involving tax timing issues.

Topics Covered

  • Tax Benefit Rule
  • Claim of Right Doctrine
  • Mitigation Rules
  • Proper application of Section 1341

Learning Objectives

  • Describe situations in which tax benefit rule requires taxpayer to include items in income
  • Identify when a taxpayer must include income received under a claim of right, even if retention of the money is uncertain.
  • Explain when the mitigation provisions may preclude a taxpayer from receiving a tax benefit in a year open under the statute of limitations
  • Recognize when section 1341 may allow a tax credit based on a deduction related to income included in a prior year


Instructional Method
Group: Internet-based

NASBA Field of Study
Taxes (2 hours)

Program Prerequisites
Basic understanding of tax benefit rules.

Advance Preparation

Registration Options
*Note: 3 or more qualifies for discounted Group Participant Fee
Regular Fee $100
Group Participant Fee $77

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