sjrcpa
Level 15

" Does the Massachusetts return go on an Estate return form M-706

Or will it go on Massachusetts Form 2 FIDUCIARY INCOME TAX form?

Both. M-706 is Estate Tax. You have to file estate tax and income tax. They are different.

"How is the depreciated rental real estate valued?

I'm guessing at the appraised value at date of death"

Correct.


The more I know the more I don’t know.

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