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Section 754 Elections: Tax Implications of Partnership Step-ups

Provider: Becker Professional Education

Length: 100

Taxes 2 CPE Credits Advanced QAS self study IRS EA Federal Taxation

This course will be an overview of:

  • Code Sections 754, 743 and 734
  • How to make a 754 election
  • When are code sections 734 and 743 applicable
  • Defining inside basis and outside basis
  • Effects of these elections on the partners and the partnerships

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