This guide is for ACCT 614 Week 8 Tax Return 3, start to submission. The third estate or trust tax return, for the scenario in the instructions.
ACCT 614 is Estate, Trust, and Gift Taxation, 3 credit hours, in Liberty University's MS in Accounting. Canvas and the course guide file print the code as ACCT614; it is the same course.
| Course | ACCT 614 Estate, Trust, and Gift Taxation |
|---|---|
| Module/Week | 8 |
| Points | 100 points |
| Length | A completed return |
| Sources | The scenario, the forms and their instructions |
| Faith integration | Not required by the guide |
| Format | The applicable tax forms provided in the course |
What ACCT 614 Week 8 Tax Return 3 asks for
Return 3 is due in Module/Week 8 with Hoffman chapters 9 and 10, the same week as Quiz 3; the final week ends Friday at 11:59 p.m. (ET). It completes the set of the 3 major estate and trust forms. Worth 100 points.
Where it fits in ACCT 614
In the published schedule, Tax Return 3 is one of 9 graded written assignments in ACCT 614. It follows Week 7 Case Study 4, and it is the last written assignment in the course.
How ACCT 614 Week 8 Tax Return 3 is graded
Liberty grades Tax Return 3 with the rubric attached to the assignment in Canvas, worth 100 points in the published guide. That is about 10% of the course's 1,010 points. The rubric rows are the real instructions. Draft against them, and you will rarely be surprised by the grade.
Course grades in ACCT 614 use Liberty's point scale: an A is 940 to 1010 points of the course total. Missing the length or source minimum usually costs points on several rows at once, which is why the checklist below starts with them.
Timing in the published guide: Module/Week 1 begins on Monday and ends at 11:59 p.m. (ET) on Friday. Modules/Weeks 2-8 begin on Saturday and end at 11:59 p.m. (ET) on Friday. Check the due dates in your Canvas section, which govern.
The ACCT 614 Week 8 method, step by step
Set up the data before the write-up
Work through the Tax Return 3 calculations or software steps first and save the output. The written part interprets those numbers, so they have to be right before you explain them.
Show the method
Name the method and the reason it fits. One or two sentences are enough, but they must be there.
Report the results plainly
Report each result with its value and what it measures. Tables and figures help when they are labeled and referred to in the text.
Interpret in the context of the question
Explain what the results mean for the decision or question in ACCT 614, in plain terms. The interpretation is where the analysis points are earned.
Name the limits
State what the analysis cannot tell you: assumptions, data limits, or what would change the answer.
Submit the files the guide asks for
Submit every file requested and check that formulas, output and the write-up agree (A completed return).
A structure for ACCT 614 Week 8 Tax Return 3
Word targets are planning numbers for about 1,000 words of body text, set by the length in the guide; the rubric decides where to spend more.
| Section | What it must do | Target |
|---|---|---|
| Scenario facts | Organized by schedule. | ~220 words |
| The return | Every required part. | ~440 words |
| Calculations | Supporting work. | ~200 words |
| Review | Checks. | ~140 words |
A topic angle that works
If this is the estate tax return (Form 706), build the gross estate schedule by schedule (A real estate, B stocks, C cash, D insurance, F other), then subtract deductions before computing tax and applying the unified credit.
Model paragraph with notes
An original paragraph written by our desk to show the register that earns full rubric credit. It is study material: learn the moves, then write your own.
The gross estate of $16.2 million comes from Schedules A ($2.1 million), B ($9.4 million), C ($1.3 million), D ($2.0 million) and F ($1.4 million). After debts, expenses and a $4 million charitable deduction, the taxable estate is $11.8 million, and adjusted taxable gifts from prior Forms 709 are added before the tentative tax is computed and the applicable credit applied.1
- Builds the estate by schedule.
- Applies deductions.
- Adds prior gifts.
Mistakes that cost points on ACCT 614 Week 8
- Omitting adjusted taxable gifts.
- Missing schedules.
- Wrong credit amount.
Checklist before you submit
- Length: A completed return
- Sources: The scenario, the forms and their instructions
- Calculations checked and output saved
- Every table and figure referred to in the text
- Each rubric row read against the section that answers it
Questions students ask
When is the last ACCT 614 return due?
Tax Return 3, in Module/Week 8.
How many points is ACCT 614 Week 8 Tax Return 3 worth?
100 points in Liberty's published course guide for ACCT 614, out of a course total of 1,010 points (about 10% of the grade). The rubric attached to the assignment in Canvas shows how those points are divided.
Is ACCT 614 Week 8 the same in every section of ACCT 614?
This guide follows Liberty's published course guide for ACCT 614. Liberty notes that course content can change from term to term, so if your Canvas section shows different instructions, a different week or different points, follow Canvas and your instructor.
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