Drake Tax - 706: Line 1 is Blank
Article #: 13187
Last Updated: October 21, 2024
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.