Fiduciary Tax Workshop

Course Details

Date

Tuesday, October 29, 2019

8:30am – 4:30pm
(Registration: 8:00am)

Location

Prince Waikiki

100 Holomoana Street

Honolulu, HI 96815

808-956-1111

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Course Number

FTW

CPE Credit

8.0 hours CPE credit

Instructor

Level of Knowledge

Intermediate

Vendor

Accountant's Education Services (AES)

Prerequisites

Understanding of estate and gift taxation

Description

This course will enable participants to understand the principles of subchapter J and their relation to the Fiduciary Income Tax Return (Form 1041).  Upon completion, participants will be able to prepare a Form 1041, understand Schedule B, and feel confident that the return has been prepared  correctly. 

Objectives

Describe filing requirements, estimated tax payments, adoption of taxable years, and extension requests for Form 1041

Evaluate the 663(b) election and which expenses are subject to 2% AGI

Calculate taxable income and tax liability for a simple trust, a complex trust, and an estate, including fiduciary accounting income and DNI

Apply the 3.8% Medicare tax on net investment income to an estate or trust

Describe the difference between Tier 1 and Tier 2 beneficiaries

Determine the tax effect of distributions of property, including the 643(e)(3) election

Recognize common items that are income in respect of a decedent

Describe the basic requirements for a distribution of cash or property to qualify as a gift or bequest

Calculate and allocate the deduction under 199A for qualified business income between the estate/trust and the heirs/beneficiaries

Prepare a Form 1041 for a simple trust, a complex trust, and a decedents estate.

Course Pricing

Early Registration Member Fee

Applicable if you are a HSCPA member in good standing and register by October 15, 2019.

$280.00
Member Fee

Applicable if you are a HSCPA member in good standing.

$330.00
Early Registration Non-Member Fee

Applicable if you are not a HSCPA and register by October 15, 2019.

$430.00
Non-Member Fee

Applicable if you are not a HSCPA member.

$480.00
Neighbor Island Discount

Applicable for Neighbor Island members in good standing

-$100.00
Associate Neighbor Island Discount

Applicable for Associate Neighbor Island members in good standing

-$50.00
Your Price $430.00

CPE Choice

Learn more about CPE Choice.
CPE Choice Fee $250.00

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