This is part two of the Estate and Inheritance Tax course. (Here is the link to part one – STATES THAT HAVE ESTATE TAXES—UNDERSTANDING THE LAW)
These courses are dealing with state “death tax” issues, enabling you to properly prepare estate tax returns for the state in which you have a client base. Though the overall system is the same from state to state, there are nuances with each state, within the law itself. This course discusses where those differences lie between Federal and State laws and the compliance and forms that are used.
Once you’ve enrolled please see the ematerials forms for download: Federal 706, or the Federal estate tax return and Form MET-1, which is the Maryland estate tax return as reference for this course.
This course will detail how the forms work in tandem, yet you will gain understanding of the differences between the Maryland and Federal returns. This course is beneficial because though you may not be a Maryland practitioner, you may be preparing the Maryland tax return for clients who have business dealings in Maryland.
CPAs and other financial professionals