<p>This course is designed for beginning practitioners and/or practitioners who have not encountered QBI much in the past. The goal of this course is to expose the practitioner to many different aspects of QBI from a fairly high level.</p>
Prerequisites
No advanced preparation or prerequisites are required for this course.Learning Objective
- Discover and define what the QBI deduction is.
- Explore and understand the basics of how entities report QBI items.
- Identify and understand how taxpayers calculate the QBI deduction on their Form 1040.
- Recognize and understand the basics of how aggregation works for the QBI deduction.
- Identify and analyze whether a rental property qualifies for a QBI deduction.
Last updated/reviewed: March 18, 2024
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Jason Dinesen
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INTRODUCTION AND OVERVIEW
- An Overview to Qualified Business Income Deduction 1:42
- Defining QBI 9:56
- QBI on the Entity Side 11:36
- Putting it Together 10:54
- Specified Service Trade or Business 5:26
- Aggregation 5:18
- Self Rental and Rental Property 8:14
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CONTINUOUS PLAY
- Qualified Business Income Deduction - A Basic Overview 53:06
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SUPPORTING MATERIALS
- Slides: Qualified Business Income Deduction - A Basic Overview PDF
- Qualified Business Income Deduction - A Basic Overview Glossary/Index PDF
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REVIEW AND TEST
- REVIEW QUESTIONS quiz
- FINAL EXAM exam
Qualified Business Income Deduction - A Basic Overview
Continuing Education Credits
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Certified Public Accountant
CPE Credits CPA
1.0
Field of Study CPA
Taxes
CPE Delivery Method CPA
QAS Self-Study
Program Location CPA
Online
~California Course Approval Number
~Additional Information
*Program Level
Basic
*Prerequisites
No advanced preparation or prerequisites are required for this course.
*Important note about our ethics courses
Chartered Accountant (IES8 CPD)
Hours CPD-IES8
1.0
Field of Study CPD-IES8
Taxes
CPE Delivery Method CPD-IES8
QAS Self-Study
Program Location CPD-IES8
Online
Certified Management Accountant
CPE Credits CMA
1.0
Field of Study CMA
Taxes
CPE Delivery Method CMA
QAS Self-Study
Program Location CMA
Online
*Program Level
Basic
*Prerequisites
No advanced preparation or prerequisites are required for this course.
Certified Internal Auditor
CPE Credits CIA
1.0
Field of Study CIA
Specific business topics such as finance and others
CPE Delivery Method CIA
QAS Self-Study
Program Location CIA
Online
*Program Level
Basic
*Prerequisites
No advanced preparation or prerequisites are required for this course.
Certification in Risk Management Assurance
CPE Credits CRMA
1.0
Field of Study CRMA
Other activities contributing to professional competence
CPE Delivery Method CRMA
QAS Self-Study
Program Location CRMA
Online
*Program Level
Basic
*Prerequisites
No advanced preparation or prerequisites are required for this course.
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