Business Interest Expense under Section 163(j)
Provider: Becker Professional Education
Length: 75
Taxes
1.5 CPE Credits
Basic
QAS self study
IRS EA Federal Taxation
This course will be an overview of:
- The calculation of the Sec. 163(j) limitation
- Definitions of "interest expense" and "adjusted taxable income"
- Application to corporate and partnership taxpayers
- The exceptions to the limitation for small businesses, real estate businesses, and farming businesses
- Form 8990, Limitation on Business Interest Expense Under Section 163(j)