November 7, 2023


2 Total CPE Credits


Webinar (CA): Form 1041 Advanced Series Part 2: Issues with Cash & Property Distributions 2023

  • Instructor

    Jacqueline Patterson

Learning Objectives

• Review the calculation of DNI & the Distribution Deduction
• Determine the types of distributions and whether a distribution "Carries Out" DNI
• Review in-kind distributions & the impact on the Distribution Deduction
• Recognize special tax treatment for various types of distributions
• Identify distributions that are deductible and those that are non-deductible

Major Topics

• Calculating DNI & the Distribution Deduction
• Determining Types of Distributions and Whether a Distribution "Carries Out" DNI
• In-Kind Distributions & the Impact on the Distribution Deduction
• Depreciation and the Distribution of In-Kind Property
• Distributions that Result in "Kenan Gain"
• Funding a Pecuniary Bequest with Depreciated Property
• IRC Sec. 643(e)

CPE Credits Available

Total CPE

Things to Know About This Course

Course Level

  • Intermediate


Form 1041 Advanced Workshop Part 1

Advanced Preparation

This webinar is produced by CalCPA. You will receive your login link/instructions and Certificate of Attendance directly from this third-party vendor. It is important that you review your COCPA confirmation for details on receiving your login instructions and COA from said vendor.

Intended Audience

Tax practitioners, accountants and financial professionals.


California CPA Education Foundation

Register For This Event

  • COCPA Member

    $ 89 89
  • COCPA Non-Member

    $ 119 119
    Your Price

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