Part 1 · Specialized Returns

Estate, Gift & Trust: Estate, Gift & Trust Basics

Estate, Gift & Trust: Estate, Gift & Trust Basics is a critical concept in EA Exam Part 1, Specialized Returns. This topic covers essential tax principles that frequently appear on the exam. Understanding estate, gift & trust basics is crucial for passing Part 1.

Topic overview

Exam partPart 1: Individual Taxation
DomainSpecialized Returns
TopicEstate, Gift & Trust
Difficultyeasy – medium – hard
Last updated2025-tax-year

Official IRS sources

IRS Publication 559
IRC §2001
IRC §2503
IRC §2010

Related keywords

estate-taxgift-taxtrustannual-exclusionunified-credit
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More Specialized Returns topics from Part 1

Capital Gains: Capital Gains & Sale of Residence

Income & Assets

Tax Computation: Tax Computation & Rate Schedules

Taxation & Advice

Foreign Income: Foreign Earned Income & Foreign Tax Credit

Specialized Returns

Passive Activity: Passive Activity Loss Rules

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