Estate Tax Returns: A Practical Workshop Self-Study Webinar (5 Hours)


Form 706 is a very difficult and misunderstood tax return that tax professionals prepare. In this problem-solving self-study webinar based on true-to-life scenarios, you will:

  • Discover the best techniques for preparing Form 706 (Federal Estate Tax Return)
  • Be given the necessary information to prepare estate returns
  • Receive an individual breakdown for each type of specific schedule

To provide preparers with a working knowledge of applicable tax laws and the hands-on ability to prepare complete and accurate estate tax returns.

  • Estate tax computation
  • Filing deadline
  • Expansion and reunification of the applicable credit/exemption equivalent
  • Valuation of estate assets
  • Information needed to prepare the estate returns
  • Calculation of gross estate
  • Schedules
    – Schedule A—Real Estate
    – Schedule B—Stocks & Bonds
    – Schedule C—Mortgages, Notes & Cash
    – Schedule D—Life Insurance
    – Schedule E—Jointly Owned Property
    – Schedule F—Miscellaneous
    – Schedule G—Transfers During Decedent's Life
    – Schedule H—Powers of Appointment
    – Schedule I—Annuities
    – Schedule J—Funeral & Administrative Expenses
    – Schedule K—Debts of Decedent
    – Schedule L—Losses & Non-Claim Expenses
    – Schedule M—Marriage Deduction
    – Schedule O—Charitable Bequests

• Recognize the filing threshold for the estate tax return

• Recognize the due date for the filing of the estate tax return

• Identify the reason why a decedent’s lifetime adjusted taxable gifts are included in the estate tax calculation

• Identify the requirements for the decedent’s spouse to utilize portability

• Recognize the post 2025 exemption equivalent absent additional legislation

• Identify the date of the “alternate valuation date”

• Identify the reason behind the use of the alternative valuation date in valuing the gross estate

• Identify when the special use valuation rules can be applied

• Identify how real estate is generally valued on the estate tax return

• Identify the rules for valuing closely-held stock

• Recognize when the value of a life insurance policy on a decedent’s life is includible in the decedent’s gross estate

• Recognize the proper placement of a decedent’s assets on the Form 706 Schedules

• Identify how to report the value of joint interests on a decedent’s estate tax return

• Identify the gross estate inclusion rules of Sections 2035 through 2038

• Recognize which types of expenses are properly reported as debts of the decedent on the estate tax return




No advance preparation required.

Level of Knowledge: 


CPE Credit: 
NASBA Field of Study: