Please note: this course applies to fiscal year end 2018 This program will examine critical issues in preparing your clients Form 1041 U.S.
DESIGNED FOR
Experienced CPAs who work with estates and trusts.
BENEFITS
- Provide a working knowledge of tax rules and guidelines of estates and trust 2018 returns.
- Discuss planning and potential pitfalls.
HIGHLIGHTS
- Similarities and differences to individual taxation
- Filing requirements, deadlines and penalties: Section 645 election
- Simple or complex trusts?
- Grantor trust filing options
- Gross income
- Deductions: Notice 2018-61
- Distributable Net Income - DNI
- Section 199A deduction
COURSE LEVEL
Intermediate
PREREQUISITES
None
ADVANCE PREPARATION
None