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Mastering IRS Form 7217: Partnership Property Distributions

Oct 15
5:00 - 6:00 p.m.

Online

1.00-Tax
CPE Credits

The IRS recently released the new Form 7217 for 2024, designed for a partner to report distributions of property received from a partnership. This course dives into the complexity of the partnership distribution rules and their application to the new form, as well as discuss liquidating a partner's interest, Section 751 and the Section 754 election. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

After attending this presentation, you will be able to...

  • Implement practical strategies based on a thorough understanding of the complex rules for partnership distributions of property
  • Identify and recall key compliance issues
  • Identify and recall significant issues in the Form 7217

Highlights

The major topics that will be covered in this course include:

  • Property distributions in liquidation of a partner’s interest
  • Section 751 and its impact on property distributions from a partnership
  • Mechanics of completing Form 7217 – new for 2024
  • The Section 754 election and its role in partnership property distributions

Registration

PICPA Member: $55
Nonmember: $80

More Information

Course No. FTSDMIF1 Level: Intermediate

Prerequisites: Basic working knowledge of individual and business taxation.

Notes
You will receive an email confirmation with the course link and details. This email will come from webinars@cpacrossings.com. If you do not receive this email immediately after your registration has been processed, first check your spam folder. If you still cannot locate the email, call the CPA Crossings Webinar Helpdesk at 877.370.2220 for assistance.

Speaker(s)

Steven Dilley