K-1's for 1041

Summary

Taxpayers who are beneficiaries of an estate or trust will receive a Schedule K-1 (Form 1041). This course examines what you need to know to properly report the information provided to the beneficiary on a Schedule K-1 on their individual tax return.

Objectives

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

  • Identify the character of pass-through income, deductions and credits from an estate or trust. 
  • Describe the various items reported on Schedule K-1.
  • Report Schedule K-1 items on the beneficiary’s return.
  • Report items on the beneficiary’s return that are associated with estate or trust interest but not reported on Schedule K-1.

Course Details

This course includes an e-book. CPE is issued after exam is successfully completed.




   

Presented by:

How to Earn CPE

To receive credit for this self-study course, you 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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