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Theory Training

PFIC Masterclass: Section 1291 (2022)

Comprehensive Computations for Form 8621 Included – Recorded 7/6/22

 Interested in this course? Email us at geri@compasstaxeducators.com 

This course, aimed at tax practitioners with an intermediate level of PFIC understanding, includes comprehensive computations required to complete Form 8621 under the default §1291 regulations.

Learning Objectives

  • Differentiate between §1291 PFIC treatment and the alternate PFIC taxation regimes
  • Define §1291 excess and non-excess distributions
  • Compare and contrast the taxation of excess and non-excess distributions
  • Calculate the PFIC tax and interest under §1291

Education Information

RS Program Number: NMVBP-T-00227-22-S

Length: 100 minutes plus optional question-and-answer session (no CE)
Prerequisite: None
Advanced Preparation: None
Program Level: Intermediate
Delivery Method: Self-Study
Field of Study: IRS Federal Tax
Credit hours: 2 IRS CE

Instructor: Mary Beth Lougen, EA, USTCP Click here to learn more about the instructor.

All continuing education credit is provided through Gregory & Associates, Inc. which is doing business as Compass Tax Educators. Click here to learn more about our education policies.

Stay tuned for the updated trainings coming soon.

Purchase

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