Deciphering Tax Returns Part 2: Form 1040, Schedules D, E & F
February 24, 2025
Live Webinar:
DateFeb 24, 2025Duration90 minutes
12:00 PM PST01:00 PM MST
02:00 PM CST03:00 PM EST
- Unlimited connections for your institution
- Available on desktop, mobile & tablet
- Take-away toolkit
- Presenter’s contact info for questions
On-Demand Webinar:
- Unlimited & shareable access starting two business days after live stream
- Available on desktop, mobile & tablet devices 24/7
- Take-away toolkit
- Ability to download webinar video
- Presenter's contact info for questions
Part 2 of this two-part information-intensive series will continue the journey to convert Form 1040 personal tax returns into cash flow and will focus on Schedules D, E, and F.
Learn more about making solid
lending decisions by understanding how to get cash flow from personal tax
returns.
AFTER THIS
WEBINAR YOU’LL BE ABLE TO:
- Identify the real cash flow from Schedule D: Capital Gains and Losses and determine whether it is recurring income or a one-time event
- See the real cash flow from a rental property or source of royalty income (Schedule E, Page 1) – it’s more than just adding back depreciation
- Weed out “phantom” pass-through incomes and find the real cash flow from partnerships and S corporations (Schedule E, Page 2)
- Determine if that farm is earning a cash profit or not (Schedule F)
WEBINAR DETAILS
Tax returns don’t show cash flow; they show taxable
income. What you need to know is cash flow because that is how your loan is
paid back. With the process outlined in this session and the free Lenders Tax
Analyzer© software each registrant receives, you will gain an easy, reliable
method to convert a borrower’s personal tax return (Form 1040) into a
borrower’s cash flow statement.
In Part 2 of this two-part series, you will learn
to cash flow Schedule D: Capital Gains and Losses; Schedule E, Page 1 (Rental
and Royalty Income); Schedule E, Page 2 (Partnerships and S Corporations), and
Schedule F (Farm Income). When you finish these sessions, you will be able do a
little “magic” and convert taxable incomes into cash flows, which you can then
plug into your credit scoring model, debt-to-income ratio, or disposable income
calculation. (Note: This series is designed for consumer and commercial
lenders. This method does not follow Fannie, Freddie, or QM rules used in
mortgage lending.)
WHO SHOULD ATTEND?
This informative session
is designed for lending personnel, including chief lending officers, service
representatives, new accounts personnel, loan officers, loan underwriters,
credit analysts, loan processors, branch managers, CEOs, and other key lending staff.
TAKE-AWAY TOOLKIT
- Free copy of Lenders Tax Analyzer© software
- Employee training log
- Interactive quiz
- PDF of slides and speaker’s contact info for follow-up questions
- Attendance certificate provided to self-report CE credits
NOTE: All materials are subject to copyright. Transmission, retransmission,
or republishing of any webinar to other institutions or those not employed by
your institution is prohibited. Print materials may be copied for eligible
participants only.
Presented By
Timothy P. Harrington
TEAM Resources
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