What is the form used for? :
- Used to claim a charitable deduction on Schedule O if your decedent left a bequest, legacy, devise, or transfer for a qualified charitable purpose to any qualified charitable organization.
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, and type 706 O.
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
Solution Articles:
Sch M (706) - Bequests, etc. to Surviving Spouse
Sch L (706) - Net Losses and Expenses Incurred in Administering
