Scheduled K-2 & K-3s
Scheduled K-2 & K-3s
Decscription:
Who should Attend : This course is suitable for Corporate tax and
finance executives, directors, managers and staff, CPAs, Enrolled Agents, accountants, attorneys and
business/financial advisors who work with and advise individuals or businesses. All in-house and public practice
professionals involved with tax compliance and who want up-to-date information
on partnership and S corporation taxation.
Program
Content: Schedules K-2 and K-3 are promulgated by the IRS in
order to standardize the reporting of foreign-related tax information for
pass-through entities. Even pass-through entities that have no foreign
activities, investments, or partners may have a reporting requirement. This
course will present an introduction to Schedules K-2 and K-3, review the filing
requirements, and discuss the different parts of the schedules and what needs
to be included.
· Purpose of K-2s and K-3s
· IRS Guidance for Preparers and Taxpayers
· Domestic Filing Exception
· Other
Considerations
Learning objectives: By the end of the course, the participant should be able to:
1. Understand
the purpose of Schedule K-2 and Schedule K-3
2. Review
components of each form and the areas which will need to be completed.
3. Learn
about these new forms that affect partnerships and S Corporations.
4. Find
out when they must be filed.
5. Determine
which taxpayers need to complete these forms.
$39.00
Additional information
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Who Should Attend | All Certified Public Accountants (CPAs), Enrolled Agents (EAs), Other Tax Return Preparers (OTRPs) |
Instructional Format |
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