22WC-1111: Reporting Bond Premiums on Taxable and Tax-Exempt Securities (Webinar)
If you have questions about this event, please call us at 952-831-2707.
Date
Thursday, January 26, 2023
Time
12:00pm
-
2:00pm
Central Time
Location
Online
CPE credits
CPE
2.0
Field(s)
of study
Taxes - Technical (2.0)
Instructor
Mary Kay Foss, CPA
Fees
|
Standard Member Fee |
$79.00
|
|
Standard Nonmember Fee |
$109.00
|
Description
Forms 1099 are being released later each year, and they're more confusing than ever; especially those related to fixed income securities. In this course, we'll go over the contents of page one of 1099, explain how it differs from the backup material; and how to report it all correctly.
Who should take this program?
Staff at all levels focused on compliance and 1099 reporting. Financial planners recommending fixed income securities.
Major subjects
-
History of current 1099 reporting of fixed income securities
-
Elections versus required reporting
-
Examples using actual 1099 forms
Learning objective(s)
-
Recognize Covered vs. Non-Covered Securities
-
Identify the differences between Bond Premium, Acquisition Premium and Accrued Market Discount
-
Determine how 1099 information for bonds is reported on Forms 1040 and 1041
Course code
Code
22WC-1111
Sponsor
NASBA ID#: 104822
Level
Basic
Format
Group Internet Based
Prerequisites
Prereq.
None
Advance
prep
None
If you have questions about this event, please call us at 952-831-2707.
