Checkpoint Learning

Course Detail

Passive Activity Losses (PALs)  

CATEGORY: Taxation
  Online & Mobile
4 CPE Credits

Up-to-date coverage of an ever-changing area within the tax code, this course provides a tool for understanding IRC Section 469, which limits deductions for passive activity losses by the taxpayer. This course identifies the taxpayers subject to the passive activity loss rule and discusses what constitutes a passive activity. Then, this course details material participation, grouping activities, and rental activities as they relate to passive losses. Finally, credits, dispositions, and other issues are discussed. This intermediate level course is most appropriate for the professional with detailed knowledge of federal income taxation or the professional seeking to expand his or her knowledge base and who may be at a mid-level position within an organization with operational or supervisory responsibilities, or both.

By proceeding to the examination, you acknowledge and confirm that you have completed the required coursework.

Add to Cart         Preview

Accreditation Information

Learning objectives

Course outline