Mobile Edition

The Preparation of Form 1041 - Understanding the Issues (ACPFUI14)

Date:Thursday, December 7, 2017
Time:1:00 PM - 2:40 PM
(Registration at 12:30PM)
Facility:Webcast or Webinar, Online
CPE Credit:2.0 Technical Business
Instructor: Arthur J. Werner
Course Level:Update
Early Bird Price:$79.00 FICPA Members, $109.00 Non-Members


Tax compliance issues for fiduciary entities are sometimes confusing to practitioners since many lack experience in this area.  This course provides the practitioner with a practical understanding of the issues involved in preparing the U.S. Income Tax Return for Estates and Trusts (From 1041).


  • Please Note:  If you need credit reported to the IRS for this IRS approved program, please download the IRS CE request form on the Course Materials Tab and submit to


  • Describe distributable net income (DNI)

  • Describe income in respect of a decedent (IRD)

  • Recognize the issues to consider when preparing Form 1041

  • Identify issues regarding a decedent’s estate

  • Identify issues regarding a trust

  • Identify the basic issues of all entities as they relate to tax complaince

    Major Topics:

  • Preparing Form 1041

  • Specific issues regarding a decedent’s estate

  • Specific issues regarding a trust

  • Subchapter J of the Internal Revenue Code

  • “Obamacare” tax compliance issue

  • Case studies regarding reading an estate document

  • Distributable net income (DNI)

  • Income in respect of a decedent (IRD)

  • Line-by- line instruction

    Who Should Attend:
    CPAs, EAs, and attorneys


    Advanced Preparation:


    If listed below, select the appropriate sessions or options to continue with your purchase.

    Registration Status: CLOSED - Online registration for this course is now closed. Please contact the Member Service Center at (800) 342-3197 if you wish to inquire about registering.