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Business & farm
I was able to delete the form on the bottom of the form and no longer there. One more question: tax advisor said we need to attach a statement that says something like this: "Deductions That May Be Allowable for Estate Tax Purposes Administration expenses and casualty and theft losses deductible on Form 706 may be deducted, to the extent otherwise deductible for income tax purposes, on Form 1041 if the fiduciary files a statement waiving the right to deduct the expenses and losses on Form 706. The statement must be filed before the expiration of the statutory period of limitations for the tax year the deduction is claimed. See Pub. 559 for more information."
Is this something that can also be done in Forms Mode?
‎November 28, 2020
12:50 PM