Description
Upon completion of this seminar, students will be able to discuss the different types of stock distributions and their appropriate tax treatment. They will also be able to summarize requirements for estimated tax payments and identify potential tax penalties. Certain reportable transactions, special provisions, and corporate preference items will also be explained. Deductions for dividends received and charitable contributions, along with the proper treatment of capital losses and net operating losses in determining corporate taxable income will then be discussed. Finally, the seminar will conclude with a description of other potential tax items such as at-risk and passive activity limits, the alternative minimum tax, and the accumulated earnings tax. New video lecture reinforces concepts! Topic: Stock Distributions and Reporting IRS #EEZ75-T-00525-24-S CTEC #1071-CE-3248 NASBA #103388