Checkpoint Learning

Course Detail

Capital Gain or Ordinary Income  

CATEGORY: Taxation
COURSE ID: W332T, VERSION 1.00
Webinar
2 CPE Credits
Please contact a salesperson at 800.231.1860 to buy this course.

With more than a 20% rate difference between long-term capital gain and ordinary income, understanding which assets are capital assets is more important than ever. This webinar will briefly review the five different possible rates for taxing long-term capital gain and then provide in-depth training on which assets yield long-term capital gain. Stock is an obvious one, but other assets such as contracts, intellectual property and even real estate are much trickier. The webinar will also explain the applicability of the 3.8% Medicare tax to certain capital gain transactions. NOTE: The voluntary IRS Annual Filing Season Program (AFSP) requires that CE Sponsors collect PTINs from IRS professionals who wish to receive IRS credit. IRS PTIN holders (including Enrolled Agents) should enter their IRS PTIN into Checkpoint Learning so that course completions can be reported to the IRS. You do not need to enter your PTIN for each course you take; you only need to add it once. If you have any questions on how to do this, please contact us 800-231-1860.
THIS WEBINAR IS NOT ELIGIBLE FOR CTEC CREDIT.

Please contact a salesperson at 800.231.1860 to buy this course.
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