Drake Tax - 706: Line 1 is Blank

Article #: 13187

Last Updated: October 18, 2024

 


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An amount not produced on line 1 of a 706

Go to screen 1 in data entry and review the options in Part 3 - Elections by the Executor.

If Sect 2032 Alternative valuation is chosen in Part 3 – Elections by Executor, an amount will only flow to line 1 if an amount has been entered for the Alternate Value on the PROP screen.