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Friday, September 25, 2026 Live Webcast

Understanding Partnership Taxation: Debt Allocations (X1-PTA2-2026-01-WEBNR-268-01)

9:00 AM - 11:00 AM EDT
webcast

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2 CPE Credits in TX

OVERVIEW

How debt is allocated to the partners in a partnership is important. It dictates how much money may be taken tax-free as a distribution, the losses that flow down to the partners, and the gain or loss on the sale of a partnership interest.

DESIGNED FOR

Tax practitioners who are looking to improve their knowledge of debt allocations and how they affect a partner’s tax basis

BENEFITS

  • State how debt allocations affect the calculation of a partner’s basis in the partnership
  • Recognize how recourse and nonrecourse debt are allocated to partners
  • Identify the tax effects of 704(c) on contributed property

HIGHLIGHTS

  • Recourse debt allocations
  • Constructive liquidation scenarios
  • Nonrecourse debt allocations
  • Minimum gains and nonrecourse deductions
  • Section 704(c) gains
  • Allocations under 704(c)

COURSE LEVEL

Intermediate

PREREQUISITES

Working knowledge of fundamental partnership tax concepts

ADVANCE PREPARATION

None

ADDITIONAL NOTES

  • Qualifies for IRS credit

INSTRUCTOR

David Peters

David R. Peters, CPE, CFP, CLU, CPCU, MST, M.B.A.
(5.0)

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PRICING

$89.00 - Member

$289.00 - Nonmember

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Note: Online pre-registration will close on September 25 at 8:30 AM.

ADDITIONAL OPTIONS

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COURSE DEVELOPER

Surgent

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