Topics covered include: Additional Medicare taxes; Partnership distributions; Terminations of partnerships; Sale of a partnership or LLC interest; Partnership mergers; Retirement of a partner; Death of a partner. Upon completing this course, you should be able to: Identify when partners are subject to the additional Medicare taxes on earned income and net investment income; Explain different treatments for current and liquidating distributions; Determine the tax impact of a termination; Explain the impact of a sale of a partnership interest; Illustrate the impact of a merger of partnerships; Recognize the impact of retirement and death on the partnership and the departing partner.