CPE209 - Foreclosure and Debt Relief - 3 Hours CPE
Delivery Method: Self-Study
After completing this course, the student will be able to compute debt relief income and exclusions for; Abandonment of Secured Property, Foreclosures, Repossessions, Short Sales, Cancellation of Debt, Sec 108 Exclusions of Debt Relief Income Including Home Insolvency and the Mortgage Debt Relief Exclusion. Course also includes Rules for Attribute and Basis Reduction and line-by-line instructions for completing Form 982.
CPE Hours: 3 ( Federal Tax Subject:3 )
Publication Date: 04/23/2014
Author: Lee T. Reams, Sr.
Prerequisites: Overview of Federal Income Taxation or comparable knowledge. No advance preparation needed.
Final Exam Grading Policy: Course material must be completed within 12 months of purchase. A score of 70% or better is needed for passing. The completion certificate will be automatically generated by the system.
Accreditation: CTEC, NASBA-QAS, IRS, Enrolled Agents