IA 706 Iowa Inheritance/Estate Tax Return 2025

Show details

4 out of 5

49 votes

The document is the IA 706 Iowa Inheritance/Estate Tax Return form, which is used to report and calculate inheritance and estate taxes for decedents in Iowa. It includes sections for personal information about the decedent and executor, details on the gross estate, allowable deductions, computation of shares and taxes owed, as well as various elections related to estate tax provisions. The form also allows for the designation of an attorney with power of attorney authorization to handle tax matters on behalf of the estate.

Here's how it works

01. Edit your ia 706 online

Type text, add images, blackout confidential details, add comments, highlights and more.

02. Sign it in a few clicks

Draw your signature, type it, upload its image, or use your mobile device as a signature pad.

03. Share your form with others

Send iowa 706 via email, link, or fax. You can also download it, export it or print it out.

The fastest way to redact IA 706 Iowa Inheritance/Estate Tax Return online

Ease of Setup

DocHub User Ratings on G2

Ease of Use

DocHub User Ratings on G2

Dochub is a perfect editor for changing your forms online. Adhere to this straightforward guideline redact IA 706 Iowa Inheritance/Estate Tax Return in PDF format online at no cost:

Register and log in. Create a free account, set a strong password, and proceed with email verification to start working on your forms.
Upload a document. Click on New Document and select the form importing option: upload IA 706 Iowa Inheritance/Estate Tax Return from your device, the cloud, or a protected URL.
Make changes to the sample. Use the top and left-side panel tools to change IA 706 Iowa Inheritance/Estate Tax Return. Insert and customize text, images, and fillable fields, whiteout unnecessary details, highlight the important ones, and provide comments on your updates.
Get your documentation accomplished. Send the sample to other people via email, create a link for quicker file sharing, export the sample to the cloud, or save it on your device in the current version or with Audit Trail included.

Discover all the benefits of our editor today!

See more IA 706 Iowa Inheritance/Estate Tax Return versions

We've got more versions of the IA 706 Iowa Inheritance/Estate Tax Return form. Select the right IA 706 Iowa Inheritance/Estate Tax Return version from the list and start editing it straight away!

Versions	Form popularity	Fillable & printable
2023	4.8 Satisfied (24 Votes)
2022	4.9 Satisfied (33 Votes)
2021	4.8 Satisfied (237 Votes)
2020	4.3 Satisfied (178 Votes)
2019	4 Satisfied (59 Votes)
2018	4.3 Satisfied (99 Votes)
2017	4.2 Satisfied (62 Votes)
2014	4.3 Satisfied (104 Votes)
2013	4.3 Satisfied (44 Votes)
2012	4 Satisfied (49 Votes)
2011	4 Satisfied (48 Votes)

be ready to get more

Complete this form in 5 minutes or less

Get form

Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

What is the difference between estate tax return and inheritance tax return?

Estate taxes are paid by a decedents estate before assets are distributed to heirs and are thus imposed on the overall value of the estate. Inheritance taxes are remitted by the recipient of a bequest and are thus based on the amount distributed to each beneficiary.

How do I report an inheritance on my federal tax return?

If the value of your share in inheritance is below $100K, you do not have any reporting requirements before the IRS. If it is $100K or more, you must file Form 3520 while filing your U.S. tax return. The form is informational only. You will not owe tax.

Do I need to file an estate tax return 706?

An estate tax return (Form 706) must be filed if the gross estate of the decedent (who is a U.S. citizen or resident), increased by the decedents adjusted taxable gifts and specific gift tax exemption, is valued at more than the filing threshold for the year of the decedents death, as shown in the table below.

Are state estate taxes deductible on 706?

For a decedent of a state that imposes a state estate tax, a deduction on Form 706 may not affect the federal estate tax liability but may reduce or eliminate the state estate tax liability if the same deduction is taken on the state estate tax return.

Are state income taxes deductible on federal returns?

You may deduct as an itemized deduction, state and local income taxes withheld from your wages during the year (as reported on your Form W-2, Wage and Tax Statement) and estimated state and local income taxes and prior years state and local income taxes paid during the year.

iowa form 706

Ia 706 iowa inheritance estate tax return instructions Ia 706 iowa inheritance estate tax return form Ia 706 iowa inheritance estate tax return 2022 Ia 706 iowa inheritance estate tax return 2021 Ia 706 iowa inheritance estate tax return 2020 Iowa inheritance tax return Instructions Iowa inheritance tax calculator How to avoid Iowa inheritance tax

Related forms

be ready to get more

Complete this form in 5 minutes or less

Get form

Can estate administration expenses be used as a deduction for estate tax purposes?

You can deduct the expenses incurred by an estate for its administration either as an expense against the estate tax or against the annual income tax of the estate. You may deduct the expense from the estates gross income in figuring the estates income tax on Form 1041, U.S. Income Tax Return for Estates and Trusts.

Are state property taxes deductible on federal income tax?

Deducting California Property Taxes from Federal Income Tax As of 2021, California property owners may deduct up to $10,000 of their property taxes from their federal income tax if they are filing as single or married filing jointly.

Are state estate taxes deductible from federal estate taxes?

A deduction is allowed a decedents estate under section 2053(d) for the amount of any estate, succession, legacy, or inheritance tax imposed by a State, Territory, or the District of Columbia, or, in the case of a decedent dying before September 3, 1958, a possession of the United States upon a transfer by the

IA 706 Iowa Inheritance/Estate Tax Return 2025

Here's how it works

The fastest way to redact IA 706 Iowa Inheritance/Estate Tax Return online

See more IA 706 Iowa Inheritance/Estate Tax Return versions

Complete this form in 5 minutes or less

Got questions?

What is the difference between estate tax return and inheritance tax return?

How do I report an inheritance on my federal tax return?

Do I need to file an estate tax return 706?

Are state estate taxes deductible on 706?

Are state income taxes deductible on federal returns?

Complete this form in 5 minutes or less

People also ask

Can estate administration expenses be used as a deduction for estate tax purposes?

Are state property taxes deductible on federal income tax?

Are state estate taxes deductible from federal estate taxes?

iowa inheritance tax return instructions

Try more PDF tools