Form 706 Preparation Part 3: Reporting Deductions 2024
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(Check-In 12:30pm EST)
Virtual
2.00 Credits
Member Price $89.00
Non-Member Price $119.00
Overview
This section of the 4-part series will cover fundamentals of Form 706 with numerous examples of how to properly report deductions on the estate tax return, including the marital and charitable deductions.
Highlights
• How to report funeral and administrative expenses on Schedule J and/or L • How to report debts, mortgages and liens on Schedule K • Marital deduction and elections, QTIP, Reverse QTIP, QDOT, over-stated marital deductions • Charitable deduction Schedule O and potential problems
Prerequisites
Completion of Form 706 Preparation Parts 1 and 2
Designed For
CPAs, attorneys, bankers, enrolled agents and professional staff.
Objectives
• Determine the proper schedule for and reporting of deductions • Recognize protective and perfected refund claims with estate tax • Identify potential audit issues relative to deductions on 706
Preparation
None
Non-Member Price $119.00
Member Price $89.00