Section 199A: Schedule K-1 Reporting by Relevant Pass-Through Entities Webcast
Jul 24 12:30 - 4:00 p.m.
Online
4-Tax CPE Credits
Identify the required Schedule K-1 disclosures related to Section 199A. Understand how to allocate Section 199A relevant amounts to shareholders, partners, and trust beneficiaries. Highlights
Reporting multiple activities within one entity
Reporting tiered entities
Reporting qualified wages and the unadjusted basis immediately after acquisition of qualified property
Allocation of Section-199A-relevant amounts to beneficiaries of trusts using DNI
How to handle separately stated items for which QBI status is determined at the shareholder or partner level
How ownership changes affect Section 199A reporting on Schedule K-1 reporting and REIT income to partners or shareholders
Allocating Section 199A amounts to partners when special allocations have been made by the partnership
Registration
PICPA Member: $145 Nonmember: $195
More Information
Course No.
770304
Level:
Intermediate
Prerequisites:
Basic understanding of the Section 199A deduction
Notes
This is a four-credit seminar
Speaker(s)
Dennis Riley
Cutting Edge CPA
Dennis Riley, CPA, MBA
Dennis Riley has more than 25 years of experience in accounting, consulting,
tax preparation, and government representation. He specializes in the tax and
business needs of individuals, families, and entrepreneurial small businesses.
The Vision Project identified him as an early adopter of new technology and new
integrations of accounting and consulting information. He is a frequent lecturer
on topics related to taxation and closely-held businesses.
Riley’s experience includes a range of services including negotiations with
federal and state government tax authorities, offers in compromise, closing
agreements, strategic business plans, litigation support, record reconstruction,
business formation and dissolution, problem solving, and tax preparation. He has
resolved multiple-year filing issues, organization issues, and business
transition problems.