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Statement Property Form 2021

2021-2025 Form

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Instructions and help about Statement Property Form

we'll be going over IRS form 8971 information regarding beneficiaries acquiring property from a dissident so the purpose of this form is for the executor of an estate that must require that is required to file form 706 which is the estate uh tax return or form 706 n a an estate tax return for a non-resident basically if you're required to file form 706 then you would also be required to file 89.71 to report the distribution of all the property that you distributed so there are a couple of Parts this form there's the the main document which contains you know part one and part two decedent and executor information then part two is beneficiary information so um each beneficiary would receive a copy of what is known as schedule a which is the information that specifically describes the property given to each person so uh as you can see schedule a is pretty long but it's not very complicated it's mostly just a checklist of all the different items or a

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