Make Estate Tax Filings Easier with Bondview’s Tax Valuation Report

If you’re responsible for filing estate tax returns, you know how time-consuming and challenging it can be to value assets accurately. Fortunately,  Bondview’s Tax Valuation Report can make the process much easier.

Bondview’s Tax Valuation Report

Bondview’s Tax Valuation Report is a comprehensive report that provides valuations for over 1.3 million municipal bonds. This report can be a valuable tool for estate tax filings, as it can help you determine the value of your bond holdings accurately. Additionally, the report can be used to provide documentation for IRS Form 706 to support your valuations.

To use Bondview’s Tax Valuation Report, you simply need to input the bond’s CUSIP number or search for it by issuer or security type. The report will then provide you with the bond’s fair market value as of the valuation date. The report also includes information on the bond’s interest rate, maturity date, and other important details.

Using Bondview’s Tax Valuation Report can save you time and effort when filing estate tax returns. With accurate valuations for your bond holdings, you can ensure that you are filing your returns correctly and avoiding any penalties for under-reporting assets. Additionally, the report can be used to provide documentation to the IRS to support your valuations.

In summary, if you’re looking for an easier way to value your bond holdings for estate tax filings, Bondview’s Tax Valuation Report can help. With accurate valuations and comprehensive information on your bonds, this report can make the estate tax filing process much simpler and less stressful.

Preparing estate tax filings can be a time-consuming and complex process. IRS Form 706, for example, requires a detailed inventory of the assets and liabilities of the decedent’s estate, including any bond holdings. This is where Bondview’s Tax Valuation Report can be a valuable tool in your arsenal.

How To Use  Bondview’s Tax Valuation Report  (In 2  Minutes)

Preparing estate tax filings can be a time-consuming and complex process. IRS Form 706, for example, requires a detailed inventory of the assets and liabilities of the decedent’s estate, including any bond holdings. This is where Bondview’s Tax Valuation Report can be a valuable tool in your arsenal.

Bondview is a financial technology company that offers tools for bond investors and professionals. Our Tax Valuation Report is designed to provide tax professionals with the preliminary information necessary for creating estate tax filings such as those based on the IRS Form 706.

To get started, go to “My Portfolios” and simply select an existing bond portfolio or create a new one. If you don’t have an account yet, create your free account here to start testing this tool. 

Municipal Bond Portfolio

Here is an example of what a portfolio looks like on BondView. If you haven’t created a portfolio yet find out How to Create a Muni Bond Portfolio in 2 minutes within BondView.

Municipal Bond Portfolio Details

Go to the “Tax & Accounting” tab, and select “Create” on the drop-down menu.

Create Muni Bond Tax Valuation Report

Then, select a Valuation Date (usually the date of death)  and let Bondview creates the report. 

set date on Muni Bond Tax Valuation Report

The following information is automatically created based on the selected portfolio:

  • Cusip
  • Bond Security Description
  • Market Value
  • Dividend and Interest Accrual
  • Estimated price
  • Maturity
  • Coupon
  • Valuation Date
  • Date Of Death
  • Account Title
  • Number of Bonds
  • Total bond Value
  • Total accrual
  • Total Overall Value
Muni Bond Tax Valuation Report Preview

This information is invaluable when preparing an estate tax filing, as it provides a detailed breakdown of the bond holdings and their respective values on the exact date of death. 

But that’s not all. Bondview can also automatically provide Estimated Historical Prices on bonds for capital gain reporting purposes for multiple bonds purchased on different dates. This can be important for helping to estimate the cost basis for bonds purchased a long time ago when the trading records are no longer or lost.   Estimated pricing can also help when calculating capital gains or losses on the sale of bonds.

On “My Portfolios”, go the “Tax & Accounting” tab once again and select “Multiple Historical Price Checks” from the dropdown menu. 

View Multiple historical price checks on Muni Bond Tax Valuation Report

You will be prompted to add your list of CUSIPs.

Multiple Historical Price Checks SetUp Muni Bond Tax Valuation Report

Enter (or copy and paste) your CUSIPs separated by spaces or a new line in the box the click “Next Step”

Data selection for Multiple cusips historical price check

On the next screen, add the date for each security (or all) and click finish. 

historical price check for Multiple cusips

From here, you will be able to access all of the information you were looking for. You can enter a new date for comparison, export to CSV for analytics or download a PDF for reporting and compliance purposes. 

The Tax Valuation Report is just one of many tools offered by Bondview to help investors and professionals make informed decisions about their bond holdings. Bondview’s platform provides access to real-time market data, news, and research on over 30,000 bonds, making it a valuable resource for anyone looking to invest in fixed-income securities.

If you’re a tax professional looking to streamline the process of preparing estate tax filings that include municipal bonds, Bondview’s Tax Valuation Report is an essential tool. With its automated reporting and detailed breakdown of bond holdings, it can save you time and help you ensure accuracy in your tax filings.