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Course name
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Investment Income and Expenses
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Recommended CPE credit
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10 CPE hours - CPE credit calculated as 100% of total study time (50 minute hour)
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Level/ Prerequisite
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Basic / None
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Number of final exam questions
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50
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Interactive review questions?
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Yes
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Course format:
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Self study
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Reference text:
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IRS Publication 550 - Investment Income and Expenses
82 pages
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Course last updated:
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March 10, 2010
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Subject classification:
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Taxation
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Learning objectives:
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To understand:
- Investment income and tax shelters.
- Taxable and non-taxable investment income.
- Deductible and non-deductible investment expenses.
- When and how to report investment income and expenses on a tax return
- How to determine basis and report gains and losses on the sale or disposition of investment property.
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