InstantForum.NET v4.1.4California Society of CPAshttp://forums.calcpa.org/forums@calcpa.orgWed, 16 May 2012 17:46:42 GMT20http://forums.calcpa.org/Topic30-2-1.aspx<SPAN class=postbody>I had a similar question on an estate that I prepared. It was very difficult to find anything on the subject. Transmission expenses only seem to be an issue if there is a marital or charitable deduction. I think they will reduce your 706 charitable deduction.</SPAN></P><P><SPAN class=postbody>Mary Kay Foss</SPAN>Wed, 21 Dec 2005 11:10:18 GMTArchivedhttp://forums.calcpa.org/Topic30-2-1.aspx<SPAN class=postbody>Question: <BR>50% of an estate goes to charity (decedent was a single person, no marital deduction) It is a non taxable estate due to the charitable deduction. There is about $50,000 in selling expenses from the sale of the home. Are this considered transmission expenses? If so, am I required to deduct them on Sch J of the 706 and not claim them on the 1041 to create a capital loss on the sale of the home for income tax purposes. <BR>thank you</SPAN>Wed, 21 Dec 2005 11:09:47 GMTArchived