Virtual
Fiduciary Taxation Part 3: Complex Trusts & Charitable Deduction 2023
Date: Oct. 4, 2023
Time: 8 – 9:50 a.m. PT
Member
$89.00
Nonmember
$119.00
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Overview
The focus of Part 3 of this webinar series centers on the accounting and taxation of Complex Trusts. Using a series of calculations determine whether the fiduciary or the beneficiary bears the burden of taxation and if the trust or estate is treated as a taxpaying entity or a conduit. The requirements and use of a charitable contribution deduction is also reviewed and its relationship with and difference from fiduciary accounting.
Product Code
1000001964-118482
Credit Type
CPE: 2CFP: 2CPE-Technical: 2IRS-TX: 2MCLE: 1.5MCLE LS-TX: 1.5Intended Audience
Tax practitioners, accountants and financial professionals.
NASBA Field of Study
Taxes
Level of Difficulty
Basic
Prerequisites
Fiduciary Taxation Part 2: Fiduciary Accounting & Simple Trusts
Advance Preparation
None
Learning Objectives
Major Subjects
- The Differences between a Simple and Complex Trust
- The Use of the Tier System with Complex Trusts
- Review of Basic Requirements of the Charitable Contribution Deduction under IRC Sec. 642(c)
- Preparation of a Tax Spreadsheet for a Complex Trust
- Preparation of a Tax Spreadsheet for a Complex Trust with a Charitable Contribution Deduction
- Complex Problem Form 1041 Examples with Spreadsheets and Exhibits
Faculty
Additional Details
This course was recorded on 5/3/2023. The instructor will be available via the chat feature to answer questions during the presentation.