June 16, 2022


Webinar


2 Total CPE Credits

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Reporting Bond Premiums on Taxable and Tax-Exempt Securities

Learning Objectives

  • Recognize Covered vs. Non-Covered Securities
  • Identify the differences between Bond Premium, Acquisition Premium and Accrued Market Discount
  • Determine how 1099 information for bonds is reported on Forms 1040 and 1041

Major Topics

  • History of current 1099 reporting of fixed income securities
  • Elections versus required reporting
  • Examples using actual 1099 forms

CPE Credits Available

2
Total CPE
2
Taxes

Things to Know About This Course

Prerequisites

None

Advanced Preparation

None

Intended Audience

Staff at all levels focused on compliance and 1099 reporting. Financial planners recommending fixed income securities.

Provider

California Society of CPAs

This event has ended.