The Complete Guide to Preparing Forms 706 and 709

Overview

Tax compliance issues at death are sometimes confusing to practitioners because many lack experience in this area. This course provides you with a practical understanding of the issues involved in preparing the federal estate tax return, Form 706; the federal gift tax return, Form 709; and the decedent’s final federal income tax return, Form 1040.

Highlights

How to prepare a federal estate tax return (Form 706), How to prepare a federal gift tax return (Form 709), How to comply with “Portability”, Issues involved in the preparation of the decedent’s final federal income tax return (Form 1040), Various postmortem estate planning issues involved in the preparation of the abovementioned tax returns, Complete understanding of estate and gift taxation.

Prerequisites

None

Designed For

CPAs, EAs, and attorneys

Objectives

At the end of this course, you will be able to: Recognize the components of Federal Forms 706 and 709.?

Notice

Qualifies for EA Credits