Preparing Form 706: Line by Line

Preparing Form 706: Line by Line 

This course provides you with a practical line-by-line understanding of how to prepare a federal estate tax return (Form 706). Tax compliance issues at death are sometimes confusing to practitioners because many lack experience in this area.

Who Should Attend
CPAs, EAs, and Attorneys

Topics Covered

How to prepare a federal estate tax return (Form 706)
How to prepare a federal gift tax return (Form 709)
A line-by-line understanding of both of the above tax returns
How to make various elections on Form 706
An understanding of the various attachments to the Federal Form 706 and Federal Form 709
How to avoid common mistakes that cause audit difficulties
How to properly express valuations of assets

Learning Objectives

Recognize how to prepare Federal Form 706