EBP2146. Overview of Form 990-T and Form K-1

This session will provide practical guidance for reviewing Form K-1. As part of reviewing the Form K-1, we will discuss common errors on the K-1 and when follow up may be necessary. We will discuss how the information on the K-1s flow into the Form 990-T. Lastly, we will go over an example Qualified Asset Allocation Limitation calculation for a health and welfare plan.

After this sessions, participants will be able to

Learning Objectives:

• Identify investments that may lead to UBTI
• Determine how to read a Form K-1
• Translate information from a Form K-1 to the Form 990-T and related attachments