Back to Search

Passive Activity Losses (PAL): Comprehensive Webinar


Nov. 7
9:30 a.m. - 5:00 p.m.

CPE Credits



PICPA Member: $245 | Nonmember: $345

 More Information

Course No.
General knowledge of individual/business income taxation and how they relate to passive activity laws.


  • Identify activities subject to the PAL rules and the exceptions to them, including those for certain real estate professionals.
  • Define a passive activity, rental and trade or business under IRC Sec. 469.
  • Outline seven ways to materially participate in an activity and six exceptions to the definition of a rental activity.
  • Calculate the passive activity income and losses allowed and the tax ramifications of passive activity dispositions.
  • Recognize what passive activity investments are potentially subject to the 3.8% net investment income tax under IRC Sec. 1411.


Passive activity loss (PAL) rules have never been more important in federal tax reporting. This course provides a comprehensive and complete review of the laws and regulations impacting PALs including the rules governing rental real estate, grouping and the 3.8% net investment income tax. The IRS is actively auditing the failure to properly report passive losses, you and your clients can’t afford to be left behind.


You May Also Like

Philadelphia Department of Revenue Tax Webinar
Nov. 20 | Webinar
Legislative and regulatory developments with focus on federal tax changes and Wayfair What you need to know for the upcoming tax filing season City tax collection update and ...
PICPA Legislative Update Webinar
Nov. 21 | Webinar
Join Peter Calcara, PICPA vice president of government relations, as he provides an insider’s perspective on the legislative and regulatory landscape in the State Capitol on this PICPA Legislative Update ...
Capitalization and Tax Depreciation: Review and Update Webinar
Nov. 15 | Webinar
This program will discuss the recent law changes that impact capitalization, depreciation and disposition of assets. This course qualifies for PTIN credit. This event may be a rebroadcast ...