Description:

This book is for preparing 2024 taxes. This course focuses on the tax reporting obligations for partnerships for guaranteed payments and fringe benefits for partners. Learn how to recognize what a guaranteed payment is and how they are reported by the partnership. Partners are able to receive various fringe benefits from the partnership. Discover how the reporting on these benefits differ from the same benefits offered to employees of the partnership.

Topics include:

• Summarizing how to report guaranteed payments on Form 1065 and Schedule K-1 (Form 1065)
• Identifying various fringe benefits partners may receive and how they are reported on the partnership return.

Item Number: E24379

Level: Basic

Authors: NATP Staff

Published: 2024

Format: Electronic PDF - 72 Pages

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Corresponding CPE Courses:

Get this e-book FREE when you purchase the corresponding 2024 course.

Purchase Info:

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