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Message 2298: Interest Deduction on Form 706



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   Posted by Amy on 08/06/05

Subject:   Interest Deduction on Form 706


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I am in the process of completing a Form 706 for a client. The client received at extension to pay a portion of the estate taxes (Form 4768).

Is this interest due to the IRS deductible on Form 706?

What is the current interest rate?

Thanks



  

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