Current Federal Tax Developments for the week of February 18, 2019: Forms and Instructions Week

Fix for auto depreciation quirk added by TCJA released by IRS
A subtrust qualified as a conduit trust for IRA distribution purposes
AICPA asks for relief from potential impact of syndicate rules on small business tax relief
Form 1065 instructions add a requirement for certain partnerships to disclose negative tax basis
Checkbox added for when basis calculation required with Form 1040 and situations where it is required expanded by IRS

An audio only version can be downloaded or streamed below:

A PDF with articles for this week’s program can be downloaded below.