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Click 'Get Form' to open the IRS Form 706 (Rev. November 2001) in our platform's editor.
Begin with Part 1, where you will enter the decedent's name, Social Security number, and legal residence at the time of death. Ensure accuracy as this information is crucial for identification.
Proceed to Part 2 for tax computation. Here, calculate the total gross estate and allowable deductions. Use the provided lines to subtract deductions from the gross estate to find the taxable estate.
In Part 3, check any elections by the executor regarding valuation methods or payment options. This section requires careful consideration of tax implications.
Complete all relevant schedules (A through R) as necessary based on your estate's specifics. Each schedule has detailed instructions that guide you through reporting various assets and deductions.
Once all sections are filled out, review your entries for accuracy. You can print, download, or share the completed form directly from our platform.

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