Qualified Business Income Deduction - A Basic Overview
SKU: 06-329-01-CPE
Credit Hours: 1
CPE Category: Taxes
CE Category: Federal Tax
Delivery Method: Online Video
Instructor: Jason Dinesen, LPA, EA
Course Description:
This course is designed for beginning practitioners and/or practitioners who have not encountered QBI much in the past. The goal of this course is to expose the practitioner to many different aspects of QBI from a fairly high level.
This course will cover the following learning objectives:
- Define what the QBI deduction is
- Understand the basics of how entities report QBI items
- Understand how taxpayers calculate the QBI deduction on their Form 1040
- Understand the basics of how aggregation works for the QBI deduction
- Analyze whether a rental property qualifies for a QBI deduction