Estate Tax and Form 706
Free IRS Enrolled Agent SEE Part 1 (Individuals) lesson in Specialized Returns for Individuals. 18 min read, ~2,657 words.
2025 lifetime exemption \$13,990,000; top estate tax rate 40%; unified credit \$5,389,800. Form 706 due 9 months after death; 6-month extension via Form 4768 (extension to file, not pay). Filing required when gross estate plus adjusted taxable gifts exceeds \$13.99M; file anyway to elect portability of DSUE. Unlimited marital deduction...
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