1065 Preparation and Planning: Schedules and Completing the Return (Currently Unavailable)
Author: Barbara Weltman, Sidney Kess
| CPE Credit: |
5 hours for CPAs
5 hours Federal Tax Related for EAs and OTRPs
5 hours Federal Tax Law for CTEC |
This course, the third in the series, reviews the principles of partnership income tax preparation. It provides details on the schedules and supplemental information that should accompany Form 1065.
Publication Date: December 2016
Designed For
Tax practitioners.
Topics Covered
- Review the principles of partnership income tax preparation
- Details on the schedules and supplemental information that should accompany Form 1065
Learning Objectives
- Identify when Schedules L, M-1, M-2, and M-3 are required
- Determine separately-stated pass-through items
- Complete Schedule K
- Complete Schedule K-1
- Utilize basis limitations and the impact of liabilities on basis
- Identify the tax matters partner
- Apply the rules for auditing partnership returns "
Level
Basic
Instructional Method
Self-Study
NASBA Field of Study
Taxes (5 hours)
Program Prerequisites
None
Advance Preparation
None
