Trusts, Estates, and Decedents: A Practical Guide to Taxation
Author: Spidell Publishing, LLC
Electronic version only
The course provides an overview of the taxation of trusts, estates, and decedents. It covers various aspects of trust and estate income taxation, including rules for distributing income and the taxation of beneficiaries. Key topics include the treatment of trusts as separate taxpayers, income distribution rules, deductions and credits, and special provisions for charitable contributions. The document also delves into the taxation of grantor trusts, the rules surrounding distributions of property, and the responsibilities of trustees in managing and distributing income. It provides examples and study questions to aid comprehension, aimed at professionals needing to understand the complex tax obligations of estates and trusts.
With this one-hour course, you will:
- Get a 17-page PDF document
- Identify the income items of a trust or estate and the amounts deductible from income by a trust or estate
- Recognize types of trusts and their treatment for tax purposes and identify income that is and is not included in a decedent’s final income tax return
| Designation | CPE Hours |
|---|---|
| CPA | 1 Taxes |
| EA | 1 Federal Tax |
| CRTP (CTEC) | 1 Federal Tax |
| Attorney | .75 General MCLE/Tax Specialization |
Course level: Intermediate
A detailed knowledge in taxation of trusts, grants and decedents and/or experience at a mid-level position within an organization with operational or supervisory responsibilities, or both.
Want to order by phone? Call us at: (800) 277-2257
This self-study is designed to meet the requirements for the specified number of hours of continuing education. This self-study has been designed to meet the requirements of the IRS Return Preparer Office; including sections 10.6 and 10.9 of Department of Treasury’s Circular No. 230 (Provider No. CRA7E); the California State Board of Accountancy; the California Bar Association; and the California Tax Education Council. This does not constitute an endorsement by these groups. The state boards of accountancy have final authority on the acceptance of individual courses for CPE credit. For more information regarding administrative policies such as complaints or refunds, contact Spidell Publishing at (800) 277-2257. Spidell Publishing, LLC has been approved by the California Tax Education Council to offer continuing education courses that count as credit towards the annual “continuing education” requirement imposed by the State of California for CTEC Registered Tax Preparers. A listing of additional requirements to renew tax preparer registration may be obtained by contacting CTEC at P.O. Box 2890, Sacramento, CA 95812-2890, or by phone at 877-850-2832, or on the internet at www.CTEC.org.
Spidell Publishing, LLC is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State Boards of Accountancy have the final authority on the acceptance of individual course for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org. This self-study is designed to meet the requirements for 1 hour of continuing education for the California Board of Accountancy. Level: Intermediate. Field of Study: Taxes. Delivery Method: Self-Study. For more information regarding administrative policies, such as complaints or refunds, contact Spidell Publishing at (800) 277-2257. General understanding of federal income taxation is required.
