Welcome back! Ask questions, get answers, and join our large community of tax professionals.
cancel
Showing results for 
Search instead for 
Did you mean: 

Do I have to elect a waiver of taking expenses on Form 706 on Form 1041 if there is no Form 706 required

MilesPA
Level 2
 
0 Cheers

This discussion has been locked. No new contributions can be made. You may start a new discussion here

1 Solution

Accepted Solutions
George4Tacks
Level 15

Yes for some, but others are not deductible on the 1041. When all else fails, read the instructions. https://www.irs.gov/pub/irs-pdf/i1041.pdf Use Ctrl + F to search for 706. There are 13 items and your answer lies with 9 and beyond. 


Here's wishing you many Happy Returns

View solution in original post

0 Cheers
1 Comment 1
George4Tacks
Level 15

Yes for some, but others are not deductible on the 1041. When all else fails, read the instructions. https://www.irs.gov/pub/irs-pdf/i1041.pdf Use Ctrl + F to search for 706. There are 13 items and your answer lies with 9 and beyond. 


Here's wishing you many Happy Returns
0 Cheers