BNA Estate and Gift Tax 706 Preparer.

One of the most potentially complex, time-consuming, and high-stakes parts of the estate administration process is Form 706 compliance. Whether you prepare one estate tax return or dozens per year, BNA Estate & Gift Tax™ 706 Preparer makes estate tax preparation quick, accurate, and cost-effective, enabling you to file on time and, just as importantly, with confidence. A BNA exclusive – two years of calculations – let's you finalize 706s due in the current form year and start work on returns before the next form release – a great advantage when dealing with a high volume or complicated returns.

Features & Benefits

  • Easy to Use with All Your Favorite Features – Data entry is simple and intuitive because you see the data on the form as you enter it. When data is entered, the program guides you through the form, automatically filling in appropriate schedules – subtotals are automatically posted back to the original schedule. Use favorite features like cut and paste, spell-check, and sticky notes. You also have right-click access to line-by-line IRS instructions, Help, and diagnostics tools.
  • Comprehensive Calculations Do The Heavy Lifting – Produces calculations for all 50 states (including decoupled states) and Washington, DC (optional NY state form module available). Performs complex calculations like interrelated marital and charitable deductions, split interest charitable trusts, CLAT/CRAT, CLUT/CRUT, and pooled income funds. It also handles zero federal tax. Optional links to renowned BNA Tax Management EGT Web Portfolios (available to BNA Tax Management subscribers only)
    provide immediate access to code, regulations, and quality analysis.
  • Time-Savers Enhance Your Efficiency – Securities data import from such valuation programs as EstateVal, APPRAISE, and Wallace Pricing. Customizable user preferences include the ability to create templates and return sets that include predetermined forms, schedules, and reporting options. The program can be set to automatically update Sec. 7520 rates.