Section 199A: Schedule K-1 Reporting by Relevant Pass-Through Entities Webcast
Aug 18 8:00 - 11:30 a.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.
770305
Level:
Intermediate
Prerequisites:
Basic understanding of the Section 199A deduction
Notes
This is a four-credit seminar
Speaker(s)
Susan Smith
Smith & Associates
Susan Smith, CPA
Susan Smith manages her own firm specializing in tax planning for individuals
and business owners and is also a frequent speaker at tax conferences.
Smith spent 14 years as a Senior Manager in the tax departments of Price
Waterhouse and Peat Marwick (the predecessor of KPMG). While at Price
Waterhouse, she also held the national specialist designation for the real
estate and partnership tax practices locally. During her time at Peat Marwick,
Smith led the real estate and tax practices locally. She has been an associate
adjunct professor at Widener University in the master’s in taxation program. Her
ratings have consistently exceeded 4.7 on a scale of 5.0. Also, she recently
received the James L. McCoy 2008 Discussion Leader of the Year Award for
excellence in teaching.
Smith earned her Bachelor of Business Administration degree, with an
accounting concentration, in 1978.