What is the form used for? : Sch G
- Schedule G is used for any property a descendent transferred during their life time that was for less then it was worth.
What is the form used for? : Sch H
- Shows who will own the property and when.
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 706 GH.
Limits to the form: The business variant of 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