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1120S Preparation and Planning 3: Schedule K (2007 Edition)

Sidney Kess and Barbara Weltman

The third course in this series provides details on the type of income and deductions that should be reported in Schedule K. The Schedule K form is used to report each item of income, deduction, or credit separately so that it can then be allocated and passed through to the shareholders on their Schedule K-1.

Also covered in this course are tax credits and adjustments, and which form they should be reported on, as well as an overview of how to report foreign taxes and other items on Schedule K. New developments are noted throughout the course.
Course Details
Price:  $36.00
Field of Study:  Taxes
Prerequisites:  1120S Preparation and Planning 2: Business Income, Deductions and Tax Payments (2007 Edition)
Level:  Update
CTEC course number:  1075-CE-9527
Course was last updated on:  10/16/06
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Credit Available For: Units
CPE 3 CPE
QAS 3 CPE
Enrolled Agent (Accepted by the IRS) 3 CPE
CTEC Federal 3 CE

Note: Recommended CPE credit is based on a 50-minute hour. Participants earning credits for states that require self-study to be based on a 100-minute hour will receive half the recommended CPE credits for successful completion of this course.

Since Continuing Professional Education requirements vary from state to state and are subject to change without notice, please contact your state board of accountancy for information on your CPE requirements and the applicability of this course to meet those specifications.

CCH has been approved by the California Tax Education Council to offer courses that provide federal and state credit towards the annual "continuing education" requirement imposed by the State of California. A listing of additional requirements to register as a tax preparer may be obtained by contacting CTEC at P.O. Box 2890, Sacramento, CA, 95812-2890, toll-free by phone at (877) 850-2832, or on the Internet at www.ctec.org.

User Reviews
Reviewer: Gina M. submitted on 07/31/2008
I liked how each section of the self study was broken up by how each section is listed on Schedule K.
Reviewer: Michael F. submitted on 06/16/2008
organized and concise
Reviewer: Shamen D. submitted on 12/26/2007
quizzes, final exam, well-organized, planning tips
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