Estates for Beginners
IRS Program #: X9QQU-T-00791-21-S
CE: 2 IRS credits
Speaker: AJ Reynolds, EA
This class is designed to provide an introduction to a decedent's estate income tax issues. Our goal is to keep primarily to
basic principles surrounding the decedents Estate Form 1041 with the following objectives.
Learning Objectives
- Discuss Sale of Decedents Residence
- Recognize Deductibility of Administration Expenses
- Explain why not all Income and Basis of Estate Property is created equal
- Translate the three categories of Estate expenses issued under Final Regs. T.D. 9918
- Define Important Terms, Forms, Filing Dates, and Requirements
- Choosing a Calendar or Fiscal Year
- Explore Distributions to Beneficiaries
- Examine Personal Representative Duties
- Classify Income and Expenses – Where Does it Go?
- Termination of Estate
Continuing Education
This course qualifies for IRS Continuing Education Hours. NAEA reports IRS CE on a monthly basis. If you have not received your CE Hours in your IRS PTIN Account by the end of the month after receiving the certificate, please contact NAEA at education@naea.org.
Webinar Refund Policy
To request a refund, contact the NAEA education team via email a teducation@naea.org. An NAEA education team member will review the request for refund. If the refund request has been approved, the refund will be refunded on the same method of purchase. Live Webinars, also offered On-Demand Webinars will not be refunded.
Interested in all of the Special Topics Workshop sessions? Purchase the bundle and receive a discount! Purchase here.