Mini #2 - July 25 "Filing Separately & 199A Issues for Registered Domestic Partners"

Mini #2 - Saturday, July 25, 2020
9 AM-12:35 PM
4 IRS CE, 4 CTEC CE and 4 NASBA CPE
IRS Course #: 7Q3WU-U00173
CTEC Program #: 6248-CE-0088
Cynthia Leachmoore, EA

California couples filing separately have always presented a unique challenge to the tax practitioner due to the complex community property rules. Both married couples and registered domestic partners must follow these rules, but the tax return treatment is vastly different. Identifying community property under state law, how the IRS interprets it for tax return and representation purposes, and then dividing income and expenses on the returns take knowledge, diligence and a whole lot of patience to produce correct results. Recent CA legislation (SB 30) opening up RDP status to anyone over 18 will likely mean that the number of CA RDP returns will increase significantly in the future. Are you up to the challenge?

In this course, we will cover the following topics:

-What is community property?
-How does it apply to married couples?
-How does it differ for taxation purposes for California registered domestic partners?
-How is community property treated for IRS collection purposes?
-How is it treated for the Section 199A?
-How do you prepare a Form 8958 for a married couple? For an RDP?
-What happens when RDPs and married couples dissolve their union?
-Tax planning for separate filers.

ALL COURSE MATERIALS WILL BE EMAILED TO ATTENDEES 2 DAYS BEFORE THE WEBINAR.

Pricing: Individual Seminar Registration:

CSEA/MSEA Members: $60 (by June 29th) or $65 (as of June 30th)

Non-members: $70 (by June 29th) or $75 (as of June 30th)

MSEA CANCELLATION POLICY: To qualify for a refund, fax or call at least 48 hours prior to the event. No cash refunds will be provided. A credit voucher will be issued toward any MSEA function, if used within one year of the cancellation.