CPAs, EAs, Tax Pros join Zoom LVC seminar for a brief review of federal and MA estate tax rules, then dive in to preparation of estate tax returns, using Form 706, Form M-706 and schedules, showing how estate tax obligation goes from a concept to a timely-filed return. Topics include: Overview of federal/MA estate tax rules; Outline of estate tax return preparation process; Doing homework: gathering information to complete estate tax return; Reporting assets on estate tax return: detailed review of Form 706, Schedules A – I – what’s included and where; Deductions against estate: Form 706, Schedules J – O – expenses, marital / charitable deduction; Putting it together – comp gross estate, additional info reporting, determining tax due; etc.
