Form 706 Preparation Part 3: Reporting Deductions 2023 | Mississippi Society of Certified Public Accountants

Monday, April 29, 2024 @ 12:00pm – 2:00pm

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Description

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.

Prerequisites

Completion of Form 706 Preparation Parts 1 and 2

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

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.

Credits

Category	Amount
Taxation	2.00

Pricing

Your price: $119.00

This is your base price and does not reflect any additional session fees, optional add-ons, or guest registrations.

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