The IRS has been using EstateVal to verify estate tax returns since 1996. Here’s how to read the reports they produce:
The numbers in the first column are the prices (principal on top, accrual on the bottom) produced by EstateVal and reflect the true value of the portfolio, based on our data. The second column is the values that were reported by you on the return. The third column is the difference between the two. By comparing the values, the IRS can quickly see not only if a filing was over- or under-paid, but for which securities the problem exists.
If you have any questions about our methodology or our prices, please feel free to get in touch with our Support Department at support@evpsys.com or (818) 313-6300.