Estate & Fiduciary Tax Returns: A Practical Workshop Webinar


Forms 1041 and 706 are possibly the most difficult and misunderstood tax returns that tax professionals prepare. In this problem-solving webinar based on true-to-life scenarios, you will:

  • Discover the best techniques for preparing Forms 1041 and 706
  • Learn methods for gathering information from trustees and fiduciaries
  • Understand the impact of various election options
  • Understand the interaction between the two returns

To provide preparers with a working knowledge of applicable tax laws and the hands-on ability to prepare complete and accurate fiduciary and estate tax returns. This practical webinar will also equip you with effective post-mortem tax planning techniques.

  • Filing requirements for estates and trusts
  • Simple and complex trusts
  • Choice of annual accounting period
  • Calculation of taxable income
  • Capital gains
  • Tax-effective distributions to beneficiaries
  • Grantor trusts
  • Income in respect of a decedent
  • Estimated tax rules
  • Gross estate calculation
  • Unified credit after the Tax Cuts and Jobs Act of 2017
  • Estate elections
  • Valuation issues

Basic knowledge of taxation.


No advance preparation required.

Level of Knowledge: 


CPE Credit: 
NASBA Field of Study: