2. Asset Increases Estate Tax Liability

("Basis Consistency")

NoYes

706

> 0

No Asset Increase Estate Tax Liability

Reportable on Schedule A
(Sch A, Col C = "N")

NoYes

Does Asset Have Corresponding Marit/Charit Deduct?

NoYes

Is Asset Household or Personal Effect?

20.2031-6(b)

Asset Increases Estate Tax Liability

(Sch A, Col C = "Y")

NoYes

Is Asset Worth
≤ $3,000

Asset Subject to
"Basis Consistency" Rules

Asset Not Subject to "Basis Consistency" Rules


Not Reportable on Sched A per exclusion in
1.1014-10(b)(2)

Asset Does Not Increase Estate Tax Liability

Reportable on
Schedule A
(Sch A, Col C = "N")