Forms 706 receive significant attention from the IRS in the audit process. This session will address complex issues in estate tax return preparation, such as discounts and the required disclosures, Graegin interest deductions, qualified disclaimers, Deceased Spousal Unused Exclusion calculations, and interrelated residual calculations for the marital or charitable deduction.
Areas that the IRS focuses on in their review and audit of the estate tax return.
Disclosures and limitations on allowable deductions.
Elections and calculations that will affect the federal estate tax.