Advanced Individual Income Tax Return Issues Webinar

• Understanding the special problems and new issues for the current year tax return
• How to determine the §199A deduction and when rental property qualifies for the §199A deduction
• Installment sales -- understanding the complicated issues
• Form 8582: Passive losses with carryovers -- Complicated case with filled-in forms
• Capital gain and loss issues -- The problem with proper reporting of installment sales issues; when is a stock worthless; and much more…
• At-risk rules: What a return preparer really needs to know
• Passive loss issues -- You can’t just trust your software. What to watch out for, and the questions you need your clients to answer in order to do it right!
• Incentive and nonqualified stock options -- Reporting; key strategies for planning; dealing with the alternative minimum tax
• Alternative minimum tax -- Understanding it; planning strategies to avoid it; using the minimum tax credit; explaining it to a client
• The business loss limitation rules – Understanding the business loss limitation rules and the associated calculations