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Wednesday, August 10, 2022 Live Webcast

Preparing Schedules K-2 and K-3: Critical Update for Reporting Foreign-Related Tax Information for Partnerships and S Corporations (X1-PSK3-2022-01-WEBNR-222-01)

9:00 AM - 12:00 PM EDT
webcast

Vendor Platform

3.0 CPE Credits in TX

OVERVIEW

The IRS has introduced new Schedules K-2 and K-3 to partnership and S corporation tax returns to standardize the reporting of foreign-related tax information. This course provides tax return preparer attendees with an overview of and introduction to Schedules K-2 and K-3, a highlight of filing requirements, a discussion of what information is required to be reported in different parts of the schedules, and tips on tackling the preparation of these forms. The course includes examples and case studies on how the form should be completed for operating, real estate rental, and investment partnerships. This course is perfectly timed for extended returns.

DESIGNED FOR

Any tax practitioner preparing or reviewing relevant partnership and S corporation tax returns for 2021

BENEFITS

  • Who is required to complete Schedules K-2 and K-3?
  • What information is required to be reported on different parts of these schedules?
  • How to read and complete Part II and Part III for Foreign Tax Credit
  • What information is required to be reported on Part IV and IX for corporate partners
  • How to correctly fill out Part X and Part XIII for foreign partners
  • Comprehensive examples for operating, real estate rental, and investment partnerships

HIGHLIGHTS

  • Comprehend filing requirements for Schedules K-2 and K-3
  • Identify and understand what information is required to be reported

COURSE LEVEL

Basic

PREREQUISITES

None

INSTRUCTOR

Renata Stasaityte

Renata Stasaityte

Surgent Professional Education

PRICING

$149.00 - Member

$169.00 - Nonmember

Pre-Registration Closed

Online pre-registration for this event is now closed.

ADDITIONAL OPTIONS

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COURSE DEVELOPER

Surgent