https://www.irs.gov/pub/irs-pdf/f706.pdf

---- form 706 to fill out

TAXFORM/RETURN PREPARATION PROBLEMS 62 Prepare an estate tax return (Form 706) for Marcia Miller, who died July 23, 2015. Marcia (born April 2, 1930) resided at 117 Brandywine Way, Eastern City, PA 19000 and was a lifelong Pennsylvania resident. Her first husband, Arthur Adams, died in 1995. In June 1999, she married Matt Miller, a U.S. citizen, who survived her. Marcia has three children (Andy, Annie, and Archie Adams) from her first marriage Date of death values of the properties discovered at Marcia's death are listed below. Principal residence with a value of $420,000. Purchased by Marcia in 2001 and titled in the names of Matt and Marcia Miller, joint tenants with right of survivorship Household furnishings acquired by Marcia during her first marriage and valued at S62,000 when she died $1 million cash in a money market account in Marcia's name. On her date of death there also was $2,200 of accrued interest in the account S17,000 checking account at Keystone State Bank in the names of Marcia and Matt as enants in common Stock portfolio in Marcia's name with fair market value at her death of $5.6 million S1 million life insurance policy. Marcia purchased the policy in 1990 and held incidents of ownership. Beneficiary is Marcia's estate QTIP trust established at Franklin State Bank by Arthur Adams. His executor claimed a 60% marital deduction on the trust, valued then at $750,000. Marcia received all the income monthly for life, and the remainder is to go to the three Adams children in ual shares. The trust was valued at $1.8 million at Marcia's death Trust at Quaker State Bank with value of 500,000. The trust was created under the of Marcia's uncle, Josh Judson, who died in 1992. Marcia was entitled to receive TAXFORM/RETURN PREPARATION PROBLEMS 62 Prepare an estate tax return (Form 706) for Marcia Miller, who died July 23, 2015. Marcia (born April 2, 1930) resided at 117 Brandywine Way, Eastern City, PA 19000 and was a lifelong Pennsylvania resident. Her first husband, Arthur Adams, died in 1995. In June 1999, she married Matt Miller, a U.S. citizen, who survived her. Marcia has three children (Andy, Annie, and Archie Adams) from her first marriage Date of death values of the properties discovered at Marcia's death are listed below. Principal residence with a value of $420,000. Purchased by Marcia in 2001 and titled in the names of Matt and Marcia Miller, joint tenants with right of survivorship Household furnishings acquired by Marcia during her first marriage and valued at S62,000 when she died $1 million cash in a money market account in Marcia's name. On her date of death there also was $2,200 of accrued interest in the account S17,000 checking account at Keystone State Bank in the names of Marcia and Matt as enants in common Stock portfolio in Marcia's name with fair market value at her death of $5.6 million S1 million life insurance policy. Marcia purchased the policy in 1990 and held incidents of ownership. Beneficiary is Marcia's estate QTIP trust established at Franklin State Bank by Arthur Adams. His executor claimed a 60% marital deduction on the trust, valued then at $750,000. Marcia received all the income monthly for life, and the remainder is to go to the three Adams children in ual shares. The trust was valued at $1.8 million at Marcia's death Trust at Quaker State Bank with value of 500,000. The trust was created under the of Marcia's uncle, Josh Judson, who died in 1992. Marcia was entitled to receive