Completing Form 1041 On-Demand Webinar

Summary

Estates and trusts have unique accounting and filing requirements. In this course, we will review filing requirements, income and expenses, as well as financial accounting income and distributable net income (DNI) for estates and trusts. At the end of this session we will walk through completing Form 1041, U.S. Income Tax Return for Estates and Trusts, so you can help your clients with their estate or trust needs.

Objectives

Upon completion of this course, you will be able to:

  • Identify the filing requirements for estates and trusts.
  • Correctly report income and expenses of estates and trusts.
  • Correctly calculate financial accounting income.
  • Correctly calculate distributable net income.
  • Evaluate the effect of a fiscal vs. calendar tax year.
  • Correctly complete Form 1041, U.S. Income Tax Return for Estates and Trusts.

Course Details

This webinar includes the presentation slides, exam questions, live webinar recording with review questions, and Q&A transcript. CPE is issued after exam is successfully completed.






   

Presented by: Kate Goad

How to Earn CPE

To receive credit for this on-demand webinar, you must make at least one attempt to answer each of the review questions included with the webinar video. You also must successfully pass the course exam with a score of 70% or better.

The course and exam will expire one year from the date of purchase.

Cancellation Policy

​Because this is an online education offering, it is nonrefundable.

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