What is the form used for? :
- The election to value certain farm and closely held business property at its special-use value is made by checking “Yes” on Form 706, Part 3—Elections by the Executor, line 2. Schedule A-1 is
used to report the additional information that must be submitted to support this election. - In order to make a valid election, you must complete Schedule A-1 and attach all of the
required statements and appraisals.
Is the form Supported in our program? Yes
How to access the form: To access the form you will need to open a 706 return on the desktop and then go to Add Form/Display then in the look for box type Sch A1.
Limits to the form: This form can only be accessed from the desktop software. This form cannot be copied.
IRS Publication: https://www.irs.gov/pub/irs-pdf/i706.pdf
