Webinar: Understanding Partnership Taxation: Debt Allocations

WS219  |  Course  |  Intermediate  |  Scheduled

Description

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 th

Credits

Number of Credits Type of Credits
2.00 Taxes

Designed For

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

Prerequisites

Working knowledge of fundamental partnership tax concepts

Highlights

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

Objectives

  • 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

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.