{"id":3612,"date":"2015-12-21T10:57:50","date_gmt":"2015-12-21T15:57:50","guid":{"rendered":"http:\/\/resources.evans-legal.com\/?p=3612"},"modified":"2015-12-21T10:57:50","modified_gmt":"2015-12-21T15:57:50","slug":"new-basis-reporting-form","status":"publish","type":"post","link":"https:\/\/resources.evans-legal.com\/?p=3612","title":{"rendered":"New Basis Reporting Form"},"content":{"rendered":"<p>The Internal Revenue Service has released a <a href=\"https:\/\/www.irs.gov\/pub\/irs-dft\/f8971--dft.pdf\" target=\"_blank\">12\/18\/2015 draft of a new Form 8971<\/a> for reporting basis information in accordance with <a href=\"http:\/\/resources.evans-legal.com\/?p=3154\">new IRC section 6035<\/a> for assets held by a decedent and reported on a federal estate tax return (Form 706) filed on or after August 1, 2015.<\/p>\n<p><a href=\"http:\/\/resources.evans-legal.com\/?p=3220\" target=\"_blank\">As previously reported<\/a>, the IRS has delayed the due date for the new reporting requirements until February 29, 2016.\u00a0 See\u00a0<a href=\"http:\/\/www.irs.gov\/pub\/irs-drop\/n-15-57.pdf\" target=\"_blank\">Notice 2015-57<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Internal Revenue Service has released a 12\/18\/2015 draft of a new Form 8971 for reporting basis information in accordance with new IRC section 6035 for assets held by a decedent and reported on a federal estate tax return (Form &hellip; <a class=\"more-link\" href=\"https:\/\/resources.evans-legal.com\/?p=3612\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"pmpro_default_level":"","footnotes":""},"categories":[29],"tags":[440,327,359],"class_list":["post-3612","post","type-post","status-publish","format-standard","hentry","category-news-items","tag-basis","tag-federal-estate-tax","tag-federal-income-tax","pmpro-has-access"],"_links":{"self":[{"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=\/wp\/v2\/posts\/3612","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3612"}],"version-history":[{"count":1,"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=\/wp\/v2\/posts\/3612\/revisions"}],"predecessor-version":[{"id":3613,"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=\/wp\/v2\/posts\/3612\/revisions\/3613"}],"wp:attachment":[{"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3612"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3612"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3612"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}