Surgent's Schedules K-2 and K-3: Preparation of Forms
Available Anytime
Location:
Online
2Credits
Technical Business
Registration is Open
FICPA Members
Nonmembers
$119.00 Regular Price
Product Code: SU24-KPF2-SSWC
Level: Basic
Vendor: Surgent
Field of Study: Taxes
Overview:
Many partnerships and S corporations are now required to complete the voluminous Schedules K-2 and K-3 to report foreign-related tax information. Updated for the 2023 tax year, this course is an essential guide for tax preparers on how to tackle the preparation of these forms. Understanding and preparing these forms requires a basic knowledge of various international tax topics. The course includes a brief discussion of key international tax concepts, a detailed walk-through of what information is required to be reported in different parts of the schedules, and practical advice from the field. The course also includes three comprehensive case studies on how the form should be completed for operating, real estate rental, and investment partnerships. Please note: Surgent also offers a companion course, "Schedules K-2 and K-3: Filing Requirements" (KFR2).Objectives:
- Identify and understand what information is required to be reported on Schedules K-2 and K-3
Major Topics:
- How to read and complete Parts II and III for Foreign Tax Credit
- Practical tips on how to tackle Parts IV and IX for corporate partners
- How to correctly fill out Parts X and XIII for foreign partners
- Comprehensive examples for operating, real estate rental, and investment partnerships with filled-in sample forms
Designed For:
Any tax practitioner preparing or reviewing relevant partnership and S corporation tax returns for 2023Prerequisite:
NoneAdditional Info:
You will receive an email from [email protected] with instructions on how to log onto your course shortly. If you do not receive the email within the hour, please check your spam filter.
For technical support, registration questions or other customer service-related inquiries, please call (800) 778-7436 or email [email protected]. Phones are staffed from 8:30 a.m. to 5:00 p.m. Eastern Time, Monday through Thursday, and 8:30 a.m. to 4:00 p.m. Eastern Time on Friday.