P E N N S Y L V A N I A   B A N K E R S   A S S O C I A T I O N A Provider of AIB Products Fiduciary Income Taxes
Course Description: Fiduciary Income Taxes provides you with an understanding of tax terminology and concepts applicable to estates and trusts. The course contains detailed information regarding fairly complex concepts. Examples, self-check quizzes, and practice activities are used throughout the material to enhance your understanding of the concepts presented. Audience: This course is appropriate for Trust Officers who have already achieved a basic level of knowledge and expertise in the trust field. Learning Objectives: After successfully completing this program, you will be able to:   • Distinguish between simple and complex trusts   • Explain the concept of the fiduciary account as a conduit   • Explain the basic concept and purpose of distributable net income (DNI)   • Calculate trust accounting income   • Calculate distributable net income (DNI)   • Calculate the distribution deduction   • Determine the amount of income taxable to each beneficiary Course Credits: AIB: 0 ; ICB: 8.75 (CTFA/TAX) ; CFP: 5.0 Prerequisites: None Required Software: None Optional Software: Adobe Acrobat Reader and RealPlayer Cost: Members $160   •   NonMembers $215       Forms Page ... Registration ... Requests ... Withdrawal PBA Contact: Jackie Catalano • (717) 255-6939 • jCatalano@paBanker.com
This educational opportunity is brought to you by Pennsylvania Bankers Association