[WEB] The Line-by-Line Preparation of Form M-6 - The Hawaii Estate Tax Return

Description

Hawaii's estate tax laws have unique provisions that differ from federal estate tax rules, making it essential for tax professionals to understand state-specific compliance. This course provides a Hawaii-focused step-by-step guide to preparing Form M-6 while addressing key differences from federal Form 706. Participants will gain a deeper understanding of Hawaii estate tax thresholds, probate and non-probate asset considerations, and postmortem tax planning strategies unique to Hawaii taxpayers. 

Highlights

• Hawaii estate tax law and thresholds
• Differences between Form M-6 and federal Form 706
• Valuation and deduction considerations under Hawaii tax law
• Probate vs. non-probate estate taxation in Hawaii
• Filing deadlines and compliance issues unique to Hawaii
• Coordination with Hawaii estate administration and probate court rules
• Hawaii-specific postmortem estate tax planning techniques
• Common errors in preparing Hawaii's Form M-6

LINK AND INSTRUCTIONS TO COME FROM HSCPA ONE DAY PRIOR TO SESSION

Objectives

Upon completing this course, participants will be able to:

• Accurately complete Form M-6, the Hawaii Estate Tax Return.
• Identify Hawaii-specific estate tax thresholds and filing requirements.
• Determine state-mandated documents for estate tax reporting.
• Apply Hawaii valuation rules and deduction considerations for estate assets.
• Differentiate Hawaii estate tax from federal estate tax rules.
• Analyze probate and non-probate asset taxation under Hawaii Law.
• Coordinate Form M-6 with Hawaii estate administration requirements.
• Implement Hawaii-specific postmortem tax planning strategies.

Designed For

CPAs, EAs, and attorneys who work with Hawaii estate tax matters.