Liquidating One or More Partner’s Interests? Tax Treatment of Liquidating Distributions (LITX23/24)

Taxes

Liquidating One or More Partner’s Interests? Tax Treatment of Liquidating Distributions (LITX23/24)

There are two types of distributions in a partnership, current and liquidating. Within those are proportional and disproportionate distributions. The tax treatment differs between current and liquidating distributions. This course reviews the treatment of liquidating distributions to the partnership and the partner. Anyone with client’s taxed as partnerships will benefit. Discussion Leaders: Ian Redpath and Bob Lickwar