Webcast: Form 706 Preparation Part 3: Reporting Deductions 25-26
2.0 Credits
Member Price $75.00
Non-Member Price $100.00
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. Form 706 Series: Form 706 Preparation Part 1: Overview Including Portability Form 706 Preparation Part 2: Reporting Assets Form 706 Preparation Part 3: Reporting Deductions Form 706 Preparation Part 4: GST Schedule R, Form 8971, Payments & Credits
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
Notice
Role Level: Entry-level/Individual contributor; Manager/Senior Manager; Director; Sole Practitioner
Non-Member Price $100.00
Member Price $75.00