Screen MAAsset - Massachusetts Assets (706)

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General Information

Enter state-specific information for Schedule A through Schedule I. Amounts that appear on this screen copy automatically from the federal Asset screen. If you enter more information than can display on a schedule, continuation schedules display as necessary.
QTIP property
Enter
X
to indicate the item is QTIP property. Schedule M displays QTIP property after this asset.

Values

Alternate value
If you select the alternate valuation election on the federal 706 screen, enter the asset’s value for alternate valuation purposes.
Community property: Force
Enter amounts in these fields to override the calculated amount.

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