Death of a Taxpayer

PROGRAM CONTENT

This course provides continuing professional education (CPE) to enhance knowledge of steps to take after an individual has died. Topics include decedents final income tax return, income in respect of a decedent, property passing at death, probate assets, and personal representatives.

CPE CREDIT HOURS

1 Credit Hour. One 50-minute period equals one CPE Credit Hour.

LEARNING OBJECTIVES

• Learning Objective A
  • Classify a decedent’s probate and nonprobate assets.
• Learning Objective B
  • Recognize duties of the personal representative.
• Learning Objective C
  • Determine how to report income in the year of death.
• Learning Objective D
  • Identify final filing requirements for decedents.
• Learning Objective E
  • Identify Form 706 filing requirements for large estates and those electing portability of the deceased spousal unused exclusion (DSUE).

RECOMMENDED PARTICIPANTS

Tax professionals who prepare individual income tax returns are encouraged to participate in this course.

PROGRAM LEVEL

Overview. This course provides a general overview of the subject area from a broad perspective. It is appropriate for tax professionals at all organization levels.

*All CE hours issued by The Tax Book