Preparing Form 709 - Line-by-Line (2 hours)

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Apr 22, 2020

Registration: 10:00 AM / Program: 10:30 AM - 12:17 PM

Fees

Member Fee: $0.00
Nonmember Fee: $0.00

Available Discounts

AICPA Member: None
Full time Accounting Educator: None

Description

Tax compliance issues at death are sometimes confusing to practitioners because many lack experience in this area. This course provides you with a practical understanding of the issues involved in preparing the federal estate tax return, Form 706; the federal gift tax return, Form 709; and the decedent’s final federal income tax return, Form 1040.

**Please Note:  If you need credit reported to the IRS for this IRS approved program, please download the IRS CE request form on the Course Materials Tab and submit to leighanne.conroy@acpen.com.

Designed For

CPAs, EAs, and attorneys

Objectives

* Identify the major components of Form 709

* Identify compliance issues

* Recognize the importance of the information items and questions on Form 709

* Understand proper asset valuation compliance

* Understand split gift compliance

* Understand tax calculation

Major Subjects

*How to prepare a federal gift tax return (Form 709)

* How to comply with “Portability”

* Issues involved in the preparation of the decedent’s final federal income tax return

(Form 1040)

* Various postmortem estate planning issues involved in the preparation of the

above-mentioned tax returns

* Complete understanding of estate and gift taxation

This event has already passed. If you have any questions, please contact us at 503-641-7200 or email profdev@orcpa.org.