24SS-0433: Surgent's Guide to Understanding the At‑Risk Basis Rules and Forms 6198 and 7203 (Self-Study)
Valid for one year from purchase date
Self-study - On-Demand
2 CPE (2 technical) | 2 IRS CE
If the organization paying
for the purchase is exempt from sales tax, call us at 952-831-2707 to complete your purchase.
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Many tax clients with losses from their S Corporations, partnerships, and multiple-member LLCs treated as partnerships will want to use these losses to offset their other income from other sources. This program explains when, why, and how the at-risk rules apply to allow or to prevent the owner of a pass-through entity from taking a loss from a pass-through entity and using it to offset other income. This program is extremely helpful for anyone with pass-through entity clients.
Major subjects
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Basis and at-risk basis
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How to calculate the amount of annual at-risk basis
-
Forms 6198 and 7203
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When activities may be aggregated for at-risk purposes
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Qualified nonrecourse financing
Learning objective(s)
-
Understand how a client determines his or her at-risk basis in his or her pass through entity
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Understand how the at-risk basis calculation differs from a regular basis calculation
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Calculate the amount of an investor's annual at-risk basis
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Understand the structure of IRS Form 6198 and how it relates to calculating a taxpayer's at-risk basis
Who should take this program?
Any tax practitioner wishing to understand the at-risk rules and how they apply to losses allocated to the owners of pass-through entities
Fees
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you are a
nonmember.
If you register, you will be charged
$89.00
(Standard Nonmember Fee).
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Standard Member Fee |
$89.00
|
Standard Nonmember Fee |
$89.00
|
Area
of study
Taxation
Field(s)
of study
Taxes - Technical (2.0)
Level
Intermediate
Format
Self-study - On-Demand
Sponsor
NASBA ID#: 103212
Prerequisites
Prereq.
A basic understanding of the tax rules relating to partner basis and S Corporations shareholder basis
Advance
prep
None
If the organization paying
for the purchase is exempt from sales tax, call us at 952-831-2707 to complete your purchase.
Add to cart
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