August 13, 2025


Webinar


8 CPE

Webinar (CA): Pass-Thru Entity Owners Schedule K-1 Analysis 25-26 🗓

August 13, 2025
Webinar
8 CPE

Webinar (CA): Pass-Thru Entity Owners Schedule K-1 Analysis 25-26 🗓

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    Instructor

    Patrick
    Garverick

    View Bio

Learning Objectives

• List the three main reasons for calculating a shareholder
• s basis in an S corporation and partner/member
• s basis in a partnership/LLC 
• Calculate the stock and debt basis for S corporation shareholders
• Calculate the basis for partners and members of an LLC 
• Calculate losses allowed from at-risk activities
• Review the Form 1120S and Form 1065 Schedule K-1s to determine how the line items affect basis calculations and get reported on the individual owner
• s Form 1040

Major Topics

• Detailed coverage of any new legislation affecting basis computations and distributions and changes to the schedule K-1s (including the Form 7203
• S Corporation Shareholder Stock and Debt Basis Limitations)
• Line-by-line analysis of the Schedule K-1s to determine how the items affect an S shareholder
• s stock and debt basis and a partner/member
• s outside basis and where the items get reported on Federal individual income tax return
• The three loss and deduction limitations on the owner
• s individual income tax return (i.e. basis, at-risk and other Form 1040 limitations)
• How cash or non-cash distributions affect the basis calculations and whether or not they are taxable to the owners
• Compare the tax treatment of the sale of a shareholder
• s stock in an S corporation and a partner
• s interest in a partnership
• What constitutes debt basis for an S corporation shareholder under the final regulations
• The tax ramifications of repaying loans to S corporation shareholders and on open account debt
• How recourse and non-recourse debt affect a partner or member
• s basis calculations and amount at-risk

CPE Credits Available

8 CPE
8
Taxes

Things to Know About This Course

Course Level

  • Intermediate

Professional Area of Focus

  • Enrolled Agent - IRS Credit Eligible
  • Individual Tax
  • Pass-thru Entity (PTE)

Prerequisites

Basic understanding of individual income taxation.

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 professionals (CPAs, accountants & other financial professionals) that need an in-depth training course on basis calculations and distributions rules for S-Corporations, partnerships, LLCs and their owners.

Provider

California CPA Education Foundation

Register For This Event

  • COCPA Member

    $ 329 329
    Join
  • COCPA Non-Member

    $ 439 439
    Your Price

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