Customer Service: 800-778-7436     

    Log In to Your Surgent Account

    Forgot?
    Forgot?

    Register for an Account

Sign In to Your Surgent Account

Forgot Username or Password | Register for an Account

Choose CPE Format:

Live Webinar SELECT STARTING AT $89

Credits: 2

Qualifies For: IRS

$89

Upcoming webinars

January 10, 2017
01:00 pm - 03:00 pm (EST)

Instructor(s): Karen Davis, EA, MBA, Ph.D., Stephen Bigge, CPA, CSEP

See More Upcoming Webinar Dates >

NO HASSLE REFUNDS & TRANSFERS
EASY CANCELLATIONS
Self-StudySELECT STARTING AT $49

On-Demand Webcast

Credits: 2

Qualifies For: IRS

$49
Get this course FREE with an Unlimited Package! Learn More
  • Very knowledgeable, examples were outstanding, well spoken and easy to hear. Thank you for a great webinar.

    - Surgent customer

  • Great webinar! Karen did an excellent job making this very interactive and interesting.

    - Surgent customer

Interested in bringing this course into your firm?

PRIVATE WEBINARS AND LIVE ON-SITE COURSES ARE AVAILABLE. LEARN MORE.

Preparing the Decedent Final 1040 Return - Key Elections and Compliance Issues (PDFR)

  • Customer Rating
  • Field of Study
    Taxes
  • Level
    Intermediate
  • Credits
    2
  • Qualifies for

    IRS CPE

Overview

Tax return preparers commonly prepare the final Form 1040 returns for their clients who have died. This program discusses that process from a detailed form completion standpoint and also covers the opportunities to minimize income tax by making elections that can result in tax savings to the decedent’s estate and for surviving family members.

Major Topics:

  • What should be filed and reported
  • Who must file the return
  • Income, losses and deductions to be reported
  • Estimated taxes, liabilities and refunds
  • Income in Respect of a Decedent (IRD) considerations
  • Tax filing and reporting obligations
  • Who must file the final income tax return on behalf of the decedent
  • What income, deductions, credits and losses may be taken on the decedent’s final income tax return
  • Determining what income goes on decedent's Form 1040 and what income goes on Form 1041
  • Treatment of income and deductions in respect of a decedent

Learning Objectives

  • Correctly prepare a decedent's final Form 1040 return
  • Know and be able to apply the post-mortem elections that should be considered for a decedent client  

Who should take this course:

Designed for:

Any tax practitioner who prepares Form 1040 returns for deceased clients

Prerequisite:

Basic understanding of the tax rules impacting individuals

Advanced Preparation:

None

Loading...

Loading...

Thank You!

YOU HAVE ADDED THE FOLLOWING TO YOUR CART:


Loading...

Thank You!

Thank You! Your request has been submitted.



Get More with a Surgent CPE package

Self-Study Library Package

  • Unlimited 24/7 access to 200+ downloadable self-study courses

  • Courses range from 2-20 credits

  • Provides online grading & CPE certificates by email

$499

Learn More

Unlimited Webinar Package

  • Unlimited access to all non-premium live CPE webinars

  • Includes 1-, 2-, 3-, 4-, and 8-hour webinars, including Saturday and evening options

  • Access through 12/31/16

$649

Learn More

Unlimited Plus Package

  • Unlimited access to ALL live CPE webinars

  • Includes all premium courses and virtual conferences

  • Unlimited 24/7 access to all self-study courses

  • Includes all on-demand webcasts Access for a year from purchase date

  • Unlimited 24/7 access to all self-study courses

$849

Learn More
  • CPE Continuing Professional Education for CPAs

  • IRS Continuing Education for EAs and the AFSP program

  • CFP Accepted by the CFP® Board

  • YB YellowBook Continuing Education

Explore Additional Courses by Topic

SURGENT IS APPROVED AS A PROVIDER OF CONTINUING EDUCATION BY:

Thank You!

Thank You! Your subscription has been submitted.