The Complete Guide to the Preparation for Form 1041 WEBCAST
Overview
Tax compliance issues for fiduciary entities are sometimes confusing to practitioners due to the fact that many lack experience in this area. This course provides the practitioner with a practical understanding of the issues involved in preparing the U.S. Income Tax Return for Estates and Trusts (Form 1041), including a Line-by-Line presentation of the form. The practitioner will have a better understanding of entities and the basics of Subchapter J of the Internal Revenue Code. Understanding these areas will allow the practitioner to start their understanding of tax compliance in preparing the U.S. Income Tax Return for Estates and Trusts (Form 1041).
Highlights
How to prepare a Form 1041. Understanding of distributable net income (DNI). Understanding of income in respect of a decedent (IRD). Line-by-line instruction. Specific issues regarding a decedent’s estate. Specific issues regarding a trust. Classification of trust entities. Understanding various fiduciary issues. Understanding the basics of Subchapter J of the Internal Revenue Code.
Prerequisites
None.
Designed For
CPAs, EAs, attorneys, and other tax professionals.
Objectives
Prepare the U.S. Income Tax Return for Estates and Trusts (Form 1041). List the basic issues of estates and trusts and discuss Subchapter J of the Internal Revenue Code.
Preparation
None.
Notice
None.
Leader(s):
Leader Bios
Arthur Werner, Shareholder, Werner-Rocca Seminars Ltd
4.94 stars out of 5 - speaker rating for 2019
“Art Werner is a great speaker. Smart and entertaining.”
“Very well done! [Art Werner is] engaging and answered questions.”
“Great use of examples [by Art Werner], made the day fly by.” - past attendees
Non-Member Price $219.00
Member Price $189.00