Partnership Taxation: Determining the Basis of Partners’ Interest in Partnerships Webinar

Determining a partner's basis is key to figuring out the taxability of distributions, deductibility of losses, gain/loss on sale of the partnership interest, and other important matters. Using examples and case studies, this webinar focuses on how to determine the partner's basis in the partnership interest.
 

AGENDA HIGHLIGHTS

•  Inside and outside basis

•  Basis vs. capital accounts

•  Determination of the partner's basis in partnership interest

•  Definition of liability for partnership purposes and allocation among partners

•  Review of examples and case studies

•  Discussion of related IRS court cases

This course qualifies for IRS Continuing Education Credit.