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Deceased taxpayers – help with selling real property that is part of the decedent's estate

Two forms are generally used for reporting and paying the tax to the IRS regarding the acquisition of U.S. real property interests.

You have been selected as part of a small group of people to share your experiences with completing the Form 706, Estate Transfer Tax Return. Your participation is a unique opportunity to help policymakers in Congress understand the real impact of tax laws on the time and money it takes to do your taxes.

For estates of decedent nonresidents not citizens of the United States, the Estate Tax is a tax on the transfer of U.S.-situated property, which may include both tangible and intangible assets owned at the decedent’s date of death.

Some nonresident alien decedents with U.S. assets are required to file U.S. Estate Tax Returns.

Information on the Foreign Investment in Real Property Tax Act of 1980 (FIRPTA) and how it affects a foreign person with real property interest.

The following terms have special meanings with respect to U.S. Real Property Interest - FIRPTA.

Review exceptions to the Foreign Investment in Real Property Tax Act of 1980 (FIRPTA) withholding.

Use Form 8288-B, Application for Withholding Certificate for Dispositions by Foreign Persons of U.S. Real Property Interests.

Information about Schedule E (Form 1040), Supplemental Income and Loss, including recent updates, related forms, and instructions on how to file. Schedule E is used to report income from rental properties, royalties, partnerships, S corporations, estates, trusts, and residual interests in REMICs.