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2026 NY Chapter NATP Preparing Partnership Returns Event - Tarrytown, NY

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Session details

Description

This course is perfect for tax professionals who want to learn how to prepare Form 1065, U.S. Return of Partnership Income. Not only does this course cover the basics of partnership taxation, but it also covers the step-by-step process of completing a partnership return and the accompanying schedules. An example will be utilized throughout the course to illustrate key concepts, and the material will include a completed partnership return.

Objectives

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

  • Summarize the advantages and disadvantages of forming a partnership
  • Describe the tax consequences of contributing property or services when a partnership is formed
  • Explain how various items are reported on the partnership return and allocated among the partners
  • Determine how different types of partnership debt are allocated among the partners
  • Identify partnership items that must be separately stated

Details

Instructor
Kathryn Keane, EA
Duration
400 minutes
Delivery method
Group Live

CPE

Governing body: IRSCPE credits: 8Designation: AFSPField of study: Federal Tax Law Topic
Governing body: IRSCPE credits: 8Designation: EAField of study: Federal Tax Law Topic

CPE sponsor disclosure

The CPE associated with this education is provided by the New York NATP Chapter and is independent of national NATP sponsorship.

IRS sponsor number: SC1N9

See our CPE sponsor page for more information on reporting.