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Sch C (706) - Mortgages, Notes and Cash

What is the form used for? :

  • An estate administrator should report assets like mortgages, cash, notes, and promissory notes on Schedule C.

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 Sch C.

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

 

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