November 29, 2023 | 1:00 pm - 5:00 pm| Webinar
Hosted by San Gabriel Valley
Co Sponsors: Inland Empire and Central California
Speaker Amy Wall
The series will show how to correctly report sales of stocks and mutual funds with necessary adjustments, distinguish different types of dividends, non-dividend distributions, and payments in lieu.
The series will also show how to calculate interest for the investment interest deduction using tracing rules. The attendee will understand the reporting of worthless stock and be able to explain the difference between a trader and an investor and the tax advantages accruing to each. The webinar will analyze the tax basis of investment assets that are purchased, gifted, inherited, received in divorce and explain the tax treatment of bonds purchased at par, at a premium or at a discount, as well as original issue discount bonds.
1. Calculate interest for the investment interest deduction using tracing rules.
Learning Level Intermediate
2. Understand the reporting of worthless stock.
3. Analyze the tax basis of investments assets that are purchased, gifted, inherited or received in divorce.
4. Understand the tax treatment of bonds purchase at par, at a premium or at a discount as well as OID bonds.
Prerequisites & Advance Preparation None
IRS: 4 hours Federal Tax Topics | CTEC: 4 hours Federal Tax Topics | CA Bar: 3.5 hours Taxation Law | CPA CA: 4 hours Taxes
Member: $54.95 | Non-Member: $109.95
After registering, everything you need for attending this webinar will be found in Your Learning Center.
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