Partnership Property Distributions and the New Form 7217
Total Credits: 1 including 1 Taxes - Technical
- Average Rating:
- Not yet rated
- Categories:
- ACPEN Tax Institute | IRS Approved | Tax
- Faculty:
- Steven C. Dilley, CPA, JD, PhD
- Course Levels:
- Intermediate
- Duration:
- 1 Hour
- License:
- Product Setting: Expires 30 day(s) after program date.
Description
This program will address the complex rules for partnership distribution of property with a focus on liquidating of a partner's interest, Section 751 and how to complete the new Form 7217.
Basic Course Information
Major Subjects- Property distributions in liquidation of a partner's interest
- Section 751 and its impact on property distributions from a partnership
- Mechanics of completing Form 7217 - new for 2024
- The Section 754 election and its role in partnership property distributions
Learning Objectives
- Implement practical strategies based on a thorough understanding of the complex rules for partnership distributions of property
- Identify and recall key compliance issues
- Identify and recall significant issues in the Form 7217
Course Materials
IMPORTANT_CPE Credit Instructions_Read Before Webcast_Updated_2_2025 (442.6 KB) | Available after Purchase |
Partnership Property Distributions and the New Form 7217 Handout (4.1 MB) | Available after Purchase |
IRS Credit Instructions (267 KB) | Available after Purchase |
Faculty

Steven C. Dilley, CPA, JD, PhD Related Seminars and Products
Steven C. Dilley, CPA, JD, PhD is President of Federal Tax Workshops, Inc., East Lansing, Michigan, where for the past 36 years, his organization has prepared continuing professional education materials and presented seminars for accountants and attorneys throughout the United States. He is nationally known for his knowledge of the financial, accounting, and tax problems of the closely held business. He has published numerous articles on these topics. In addition, Steve is a Professor of Accounting at Michigan State University, East Lansing, where he teaches tax accounting and was nominated in 2004 for the "Educator of the Year Award." He obtained his PhD in accounting, law degree and an undergraduate accounting degree from the University of Wisconsin-Madison. He is a member of the Michigan Association of CPAs, Wisconsin Bar Association, The American Accounting Association, AICPA, American Tax Association, and Hawaii Association of Public Accountants.
Dates
Mon, May 05, 2025 - 12:00pm to 01:04pm CDT
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Thu, May 22, 2025 - 02:00pm to 03:04pm CDT
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Sat, Jun 07, 2025 - 04:00pm to 05:04pm CDT
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Fri, Jun 20, 2025 - 08:00am to 09:04am CDT
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Fri, Jun 27, 2025 - 10:00am to 11:04am CDT
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Tue, Jul 01, 2025 - 12:00pm to 01:04pm CDT
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Thu, Jul 17, 2025 - 06:00pm to 07:04pm CDT
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Tue, Aug 12, 2025 - 04:00pm to 05:04pm CDT
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Thu, Aug 28, 2025 - 08:00am to 09:04am CDT
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Thu, Sep 04, 2025 - 10:00am to 11:04am CDT
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Tue, Sep 16, 2025 - 12:00pm to 01:04pm CDT
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Sat, Oct 04, 2025 - 02:00pm to 03:04pm CDT
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Thu, Oct 16, 2025 - 06:00pm to 07:04pm CDT
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Mon, Nov 10, 2025 - 08:00am to 09:04am CST
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Thu, Nov 20, 2025 - 10:00am to 11:04am CST
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Wed, Dec 03, 2025 - 12:00pm to 01:04pm CST
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Thu, Dec 18, 2025 - 02:00pm to 03:04pm CST
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Sat, Dec 27, 2025 - 04:00pm to 05:04pm CST
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Mon, Jan 05, 2026 - 08:00am to 09:04am CST
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Tue, Jan 27, 2026 - 10:00am to 11:04am CST
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Thu, Feb 05, 2026 - 12:00pm to 01:04pm CST
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Wed, Feb 25, 2026 - 02:00pm to 03:04pm CST
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Mon, Mar 02, 2026 - 04:00pm to 05:04pm CST
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Tue, Mar 17, 2026 - 06:00pm to 07:04pm CDT
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Sat, Apr 11, 2026 - 10:00am to 11:04am CDT
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Tue, Apr 28, 2026 - 12:00pm to 01:04pm CDT
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Additional Info
Basic Course Information
Prerequisites Basic working knowledge of individual and business taxationAdvanced Preparation
None
Designed For CPAs and members in industry seeking an in-depth review of partnership property distributions
Original Recording Date 04/2025
Yellow Book No
Course Developer Federal Tax Workshop
Date Added to Catalog 03/11/2025
Additional Information
Complaint Resolution Policy Please contact Anne Taylor for any complaints. anne.taylor@acpen.com, (972-377-8199).Official Registry Statement Business Professionals' Network, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org
Instructional Delivery Method Live Group Internet Based
Course Registration Requirements Online Registration
Refund/Cancellation Policy Please contact the ACPEN help desk 1-877-602-9877 or help@acpen.com if you wish to cancel your attendance for a previously purchased webcast and are requesting a refund or transfer.