Schedule K-1: What is it & What do I do with it? (C74600)

Log In to Register

Cancellation Policy

Please note that this webinar Is from a third party vendor, CPA Crossings. We strongly recommend registering no later than one-hour before the webinar begins. Please contact CPA Crossings webinar hotline if you do Not receive your webinar invitation via email within five minutes after registering:  877-370-2220 ext. 1. Thank you.

Date(s):

05/13/2026

Registration Open:

12:00 AM - 8:30 AM

Time:

8:30 AM - 10:30 AM

Facility:

 Online

Meeting Type:

Webinars

CPE Credit:

2.00

Field(s) Of Study:

Taxes (2.00)

Level of Knowledge:

Basic

Price:

Member: $89.00
Nonmember: $109.00

Individual Discounts:

Not Available

Overview

After attending this presentation, you will be able to...

  • Recognize the purpose and structure of Schedule K-1.
  • Differentiate between Schedule K-1 forms received from various entities.
  • Identify the application of basis limitations, loss limitations, and material participation rules.
  • Analyze the integration of Schedule K-1 data with the Qualified Business Income (QBI) Deduction.
  • Apply reporting requirements for Schedule K-1 on Form 1040.
  • Examine case studies to comprehend common challenges in reporting Schedule K-1.
  • Identify Schedules K-2 and K-3 and their implications.
  • Identify common errors and best practices for handling Schedule K-1 data.

Highlights

The major topics that will be covered in this course include:

  • Overview of Schedule K-1 for Partnerships, S Corporations, and Estates/Trusts
  • Reporting Schedule K-1 information on Form 1040
  • Basis limitations, loss limitations, and material participation rules
  • Qualified Business Income (QBI) Deduction and Schedule K-1 integration
  • Schedules K-2 and K-3 requirements

Speaker(s)

Prerequisites

None