Reporting Interest and Gain from Tax-Exempt Securities

Available Until Thursday, April 30

CalCPA Webcasts

Online, OK 00000

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2.00 Credits

Member Price $69

Non-Member Price $89

Overview

Not only are Forms 1099 being released later and later each year, they have become more confusing than ever-especially when it comes to fixed income securities. This course will explain what’s on page one of the 1099 compared to the back up material and how to report all of the items correctly.

Highlights

History of current 1099 reporting of fixed income securities

What treatment is required versus what can be elected

Examples using actual 1099 forms

Prerequisites

None

Designed For

Staff focused on compliance and 1099 reporting and financial planners recommending fixed income securities.

Objectives

Recognize Covered vs. Non-Covered Securities

Identify the differences between Bond Premium, Acquisition Premium and Accrued Market Discount