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Preparing the Federal Estate Tax Return (Form 706): A Practical Guide (ETR2)

Wednesday, May 27, 2026
10:00 AM - 12:00 PM (Eastern)

Daniel Johnson

  • Format Webinar
  • Credits 2.00
  • Level Basic
  • Field of Study Taxes (2)

$99.00


Overview

Even though federal estate tax applies to a limited number of decedents, practitioners may still be responsible for guiding clients through reporting obligations when taxable estates arise. Understanding how the estate tax system operates and how the return is organized allows practitioners to manage filings confidently, recognize when specialized support is needed, and avoid costly errors. This course introduces the structure of the federal estate tax return and the decision points involved in completing a straightforward filing.

Major Topics:

  • Overview of the current Form 706 structure and recent reporting updates
  • Organizing asset, debt, and deduction information for return preparation
  • Application of spousal transfer rules and portability elections in practice
  • Interaction between estate tax reporting and post-death income tax issues
  • Common compliance risks and strategies for reducing professional liability
  • Identification and reporting of generation-skipping transfer exposures

Learning Objectives

  • Recognize when a federal estate tax return is required
  • Gather and categorize information needed to prepare Form 706
  • Apply portability and exemption concepts to typical client scenarios
  • Complete a basic estate tax return and supporting schedules

Who should take this course:

Tax and estate practitioners who want a working knowledge of federal estate tax reporting

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