Webinar: Guide to Understanding the At-Risk Basis Rules and Forms 6198 and7203

WS103  |  Course  |  Intermediate  |  Scheduled

Description

Many tax clients with losses from their S corporations, partnerships, and multiple-member LLCs treated as partnerships will want to use these losses t

Credits

Number of Credits Type of Credits
2.00 Taxes

Designed For

Any tax practitioner wishing to understand the at-risk rules and how they apply to losses allocated to the owners of pass-through entities

Prerequisites

A basic understanding of the tax rules relating to partner basis and S corporation shareholder basis

Highlights

  • Basis and at-risk basis
  • How to calculate the amount of annual at-risk basis
  • Forms 6198 and 7203
  • When activities may be aggregated for at-risk purposes
  • Qualified nonrecourse financing

Objectives

  • Understand how a client determines his or her at-risk basis in his or her pass through entity
  • Understand how the at-risk basis calculation differs from a regular basis calculation
  • Calculate the amount of an investor's annual at-risk basis
  • Understand the structure of IRS Form 6198 and how it relates to calculating a taxpayer's at-risk basis

Preparation

None

Notes

This webinar is provided by Surgent. After registering for the course, you will receive an email from Surgent with instructions for logging in to the webinar and obtaining your eMaterials.

You may confirm that your computer meets the minimum requirements by visiting: https://www.surgentcpe.com/webinartest/.

Prices

Member (Early Bird)
$99.00
Non-Member (Early Bird)
$99.00
Member
$99.00
Non-Member
$99.00
Your Price: $99.00

This is your base price and does not reflect any additional session fees, optional add-ons, or guest registrations.