Understanding Partnership Taxation: Distributions

SKU: 06-443-01-CPE
Credit Hours: 2
CPE Category: Taxes
CE Category: Federal Tax
Program Level: Intermediate
Prerequisites: None
Delivery Method: Online Video
Instructor: David R. Peters, CPA, MST, CLU, CPCU

Course Description:
Through easy to follow examples, this course will talk about distributions front to back. We will discuss the different types of distributions, as well as cash, property, and hybrid distributions.

This course will discuss the following learning objectives:

List the key rules of the thumb to remember when dealing with distributions
State the ordering rules for calculating a partner’s tax basis
Describe the key differences between liquidating and non-liquidating distributions
Determine any applicable tax gains and losses of cash and property distributions
State the ordering rules for hybrid distributions that involve both cash and property