November 12, 2025

Live Webcast

NYSED 2

Understanding Partnership Taxation: PTE Elections, 754 Elections, and Selling a Partnership Interest Webcast

November 12, 2025
Live Webcast
NYSED 2

Understanding Partnership Taxation: PTE Elections, 754 Elections, and Selling a Partnership Interest Webcast

  • Instructor

    Gregory A.
    Carnes

  • Notice 2020-75: PTE elections
  • What is a 754 election?
  • What if a 754 election is not in effect?
  • Tax implications of a partnership interest sale on the seller
  • Look-through provisions

Learning Objectives

  • Identify when a pass-through entity is able to deduct state taxes it pays at the entity level
  • Recognize the tax implications of hot assets in the sale of a partnership interest
  • State the character of a gain on the sale of a partnership interest

Major Topics

  • Notice 2020-75: PTE elections
  • What is a 754 election?
  • What if a 754 election is not in effect?
  • Tax implications of a partnership interest sale on the seller
  • Look-through provisions

CPE Credits Available

NYSED 2
2
Taxation (NYSED) - NYSED

Things to Know About This Course

Course Level

  • Intermediate

Professional Area of Focus

  • Taxation (NYSED)

Prerequisites

Basic understanding of tax rules for flow-through entities

Advanced Preparation

Basic understanding of tax rules for flow-through entities

Intended Audience

Tax and financial advisors who have partnership clients

Provider

Surgent McCoy CPE LLC

This event has ended.