Portability: Now More Important than Ever

2 Credits: Taxes


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Portability: Now More Important than Ever

Course Level
CPE Credits

2 Credits: Taxes

Course Description

The imminent sunset of the 2017 Act brings crucial changes in IRS Revenue Procedure, particularly regarding portability rules, a situation that can perplex even seasoned tax professionals. This course is designed as a definitive solution to this challenge, offering an in-depth explanation of portability rules in estate and tax planning. It agitates the common dilemmas practitioners face, such as when to use portability and the intricacies of making portability elections. The course then addresses these issues head-on, detailing the advantages and disadvantages of portability elections and guiding through the process on essential tax forms like the Federal Estate Tax Return (Form 706) and Federal Gift Tax Return (Form 709). For tax and estate planning professionals, this course is an essential guide to mastering portability rules, ensuring they can confidently navigate these changes and optimize planning strategies for their clients.

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Learning Objectives

Upon completion of this course, participants will be able to:

  • Obtain a comprehensive basic understanding of portability rules and what they intend to accomplish
  • Get the latest information about new IRS portability election timing issues
  • Understand and Calculate the Deceased Spouse Unused Exemption (DSUE)
  • Know when and how to assure the portability election is made
  • Address how portability is handled on tax reporting forms
  • Gain awareness of the circumstances when portability should be embraced or ignored
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Course Specifics

Course ID
Revision Date
September 6, 2022


Advanced Preparation


Compliance Information

NASBA Provider Number: 103220
IRS Provider Number: 0MYXB
IRS Course Number: 0MYXB-T-02066-22-O
IRS Federal Tax Law Credits: 2
CTEC Provider Number: 2071
CTEC Course Number: 2071-CE-1801
CTEC Federal Tax Law Credits: 2

CFP Notice: Not all courses that qualify for CFP® credit are registered by Western CPE. If a course does not have a CFP registration number in the compliance section, the continuing education will need to be individually reported with the CFP Board. For more information on the reporting process, required documentation, processing fee, etc., contact the CFP Board. CFP Professionals must take each course in it’s entirety, the CFP Board DOES NOT accept partial credits for courses.

CTEC Notice: California Tax Education Council DOES NOT allow partial credit, course must be taken in entirety. Western CPE has been approved by the California Tax Education Council to offer continuing education courses that count as credit towards the annual “continuing education” requirement imposed by the State of California for CTEC Registered Tax Preparers. A listing of additional requirements to register as a tax preparer may be obtained by contacting CTEC at P.O. Box 2890, Sacramento, CA, 95812-2890, by phone toll-free at (877) 850-2832, or on the Internet at

Meet The Experts

Steven G. Siegel, JD, LLM, is president of The Siegel Group, which provides consulting services to attorneys, accountants, business owners, family offices, and financial planners. Based in Morristown, New Jersey, the Group provides services throughout the United States. Steven is the author of many books, including: The Grantor Trust Answer Book (2018 CCH); The Adviser’s Guide to Financial and Estate Planning(AICPA 2019); Federal Fiduciary Income Taxation (Foxmoor 2019); and Federal Estate and Gift Tax (Foxmoor 2016). He is also a co-author with Richard Oshins, Esq. of The Anatomy of the Perfect Modern Trust, Estate Planning Magazine January and February 2016. In conjunction with numerous tax-planning lectures he has delivered …

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