Partnership Income Tax (Form 1065)

BY
Udemy

Acquire a comprehensive understanding of the principles of partnership to file partnership income tax.

Mode

Online

Fees

₹ 549 2499

Quick Facts

particular details
Medium of instructions English
Mode of learning Self study
Mode of Delivery Video and Text Based

Course overview

According to the Income Tax Act of 1961, a general partnership must submit a partnership firm income tax return. 30% of the overall revenue is the rate of taxation that applies to partnership firms. A general partnership must also pay an additional 12% income tax if its overall revenue exceeds 10 million rupees. Robert Steele, M.S. Tax, CPA, CPI & CGMA, designed the Partnership Income Tax (Form 1065) online certification, which is offered by Udemy.

Partnership Income Tax (Form 1065) online classes offer 4 hours of digital lectures supported by article and downloadable study materials which are intended for the applicants who want to acquire the knowledge of the income tax to establish a partnership form of business entity. Partnership Income Tax (Form 1065) online course revolves around topics like partnership income, sales, interest income, dividend income, COGS, M-1 adjustment, schedule k adjustment, depreciation schedule, income statement, balance sheet, and more.

The highlights

  • Certificate of completion
  • Self-paced course
  • 4 hours of pre-recorded video content
  • 1 article
  • 1 downloadable resource

Program offerings

  • Online course
  • Learning resources
  • 30-day money-back guarantee
  • Unlimited access
  • Accessible on mobile devices and tv

Course and certificate fees

Fees information
₹ 549  ₹2,499
certificate availability

Yes

certificate providing authority

Udemy

What you will learn

Knowledge of taxation

After completing the Partnership Income Tax (Form 1065) certification course, applicants will gain an insight into the foundational principles of partnership and will acquire an understanding of the strategies for filling partnership income tax returns using form 1065. Applicants will explore the techniques to use Excel to support tax data for a partnership tax return as well as will acquire knowledge of the concepts involved with taxation on dividend income, sales, interest income, and contributions. Applicants will learn about partnership income tax rate, income statements, balance sheets, COGS, and Form K-1as well as will gain expertise in schedule k adjustments, M-1 adjustments, sales of equipment, depreciation schedule, depreciation, tax-exempt interest, and tax return review.

The syllabus

Introduction

  • Introduction

Comprehensive Problem

  • Documents To Download
  • Comp 1 Partnership Comprehensive Problem Part 1 Review Data
  • Comp 2 Partnership Comprehensive Problem Part 2 Excel Worksheet
  • Comp 3 Partnership Comprehensive Problem Part 3 Review Tax Return
  • Comp 4 Partnership Comprehensive Problem Part 4 Enter Beginning Balances
  • Comp 5 Partnership Comprehensive Problem Part 5 Depreciation Schedules
  • Comp 6 Partnership Comprehensive Problem Part 6 Balance Sheet
  • Comp 7 Partnership Comprehensive Problem Part 7 Income Statement
  • Comp 8 Partnership Comprehensive Problem Part 8 Balance The Balance Sheet
  • Comp 9 Partnership Comprehensive Problem Part 9 Purchase of Equipment
  • Comp 10 Partnership Comprehensive Problem Part 10 M-1 Depreciation
  • Comp 11 Partnership Comprehensive Problem Part 11 M-1 Sale of Equipment
  • Comp 12 Partnership Comprehensive Problem Part 12 Sch. K Dividend Income
  • Comp 13 Partnership Comprehensive Problem Part 13 Sch. K Interest Income
  • Comp 14 Partnership Comprehensive Problem Part 14 Sch. D Sale
  • Comp 15 Partnership Comprehensive Problem Part 15 Sch. K Contributions
  • Comp 16 Partnership Comprehensive Problem Part 16 M-1 Tax Exempt Interest
  • Comp 17 Partnership Comprehensive Problem Part 17 M-1 Meals
  • Comp 18 Partnership Comprehensive Problem Part 18 COGS
  • Comp 19 Partnership Comprehensive Problem Part 19 Sch K-1
  • Comp 20 Partnership Comprehensive Problem Part 20 Diagnostics & Review
  • Comp 20 Partnership Comprehensive Problem Part 20 Diagnostics & Review

Instructors

Mr Robert (Bob) Steele
Instructor
Freelancer

Other Bachelors, M.S

Trending Courses

Popular Courses

Popular Platforms

Learn more about the Courses

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

Careers360 App
150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books