Pension payment on 706 Sch?

[Kea]

In doing my final review of this 706, I found a (final) pension deposit 3 weeks after DOD. I was so busy summarizing all the assets that I missed this income. I searched the 706 (instructions and forms) for "pension" and "wage" and I couldn't find anything.

Does this go on Sch F "Other Misc Property"? Possibly, Sch C "Mortgages, Notes & Cash" -- but it really doesn't seem like that fits.

Any help would be appreciated. I want to be done with this monster return!

Thanks!!

[Kea]

Nice lady at IRS said it goes on Schedule F. BTW, there is a separate phone # (not regular Practitioner's Hotline) just for 706.

[michaelmars]

care to share it with us

[Kea]

Ooop, sorry about that.

Practitioner's Hotline sent me to 1-866-699-4083 and then that person send me to 1-800-829-4933. The 2nd one answered my question. (I don't remember the reason the 1st one couldn't answer.) Very short hold times on both numbers.

[Margaret CPA in OH]

I just checked my list of hotline numbers and have 800.829.4933 as specialty tax. I have had to call about CRUT and/or other trust returns so that number may be the one for those non-individual, non-business, non-payroll, etc. returns. Thanks for sharing!

[Kea]

I know when I called the regular hotline they gave me a choice of individual or business. I guessed individual. That's when they gave me the 1st number. I wish I could remember what the issue was there and why they gave me the last number. (My brain heard "you'll need to call ...." and being in a hurry that's all I remember.)

Your specialty explanation makes sense. The last person I spoke to mentioned using the PO Box or physical address. When I asked if there was a difference, she said if I used one it would go "here" (where she was working) & the other would just go across the bridge. Apparently, the number I ended up on was the actual office that handles the 706s.

I feel sorry for the person in that office that has to enter it in the computer. It's over 30 pages and took me HOURS (days) to type in.

Anyone have any idea the audit rate of 706s? I assume it's very high!

[Kea]

I think a bit of yesterday's brain fog is clearing. I believe I got the last phone # after the other person asked for the tax ID, to which I responded "the descendant or executor"? I think that's when I got the last phone #.

Hope that helps. (And it fits so nicely with Margaret's comment.)