Home > Calculator > 706

Tax Form calculator

You are currently viewing Tax Form 706 Fill in and Calculate Online. Use the Tax Form Calculator to calculate your Federal and State Tax Return. Updated with 2017/2018 tax tables.

Sponsored Links

Form 706: United States Estate (and Generation-Skipping Transfer) Tax Return

Use Tax Form 706: United States Estate (and Generation-Skipping Transfer) Tax Return as a stand alone tax form calculator to quickly calculate specific amounts for your 2017 tax return. Form 706: United States Estate (and Generation-Skipping Transfer) Tax Return is also integrated into our comprehensive US Tax Calculator where you can complete and save your calculations for later use. Alternatively you can use one of our Combined Federal and State Tax Estimator to quickly calculate your salary, tax and take home pay.

United States Estate (and Generation-Skipping Transfer) Tax Return
11
22
3a3a
b3b
c3c
44
55
66
77
88
9a9a
9b9b
9c9c
9d9d
1010
1111
1212
1313
1414
1515
1616
1717
1818
1919
2020
Part 3 — Elections by the Executor
Note. For information on electing portability of the decedent's DSUE amount, including how to opt out of the election, see Part 6— Portability of Deceased Spousal Unused Exclusion.
Note. Some of the following elections may require the posting of bonds or liens.
Please check "Yes" or "No" box for each question (see instructions).
11
22
33
If “Yes,” you must attach the additional information described in the instructions.
Note. By electing section 6166 installment payments, you may be required to provide security for estate tax deferred under section 6166 and interest in the form of a surety bond or a section 6324A lien.
44
Part 4 — General Information
Note. Please attach the necessary supplemental documents. You must attach the death certificate. (See instructions)
Authorization to receive confidential tax information under Reg. section 601.504(b)(2)(i); to act as the estate’s representative before the IRS; and to make written or oral presentations on behalf of the estate:



I declare that I am the (check the applicable box) for the executor. I am not under suspension or disbarment from practice before the Internal Revenue Service and am qualified to practice in the state shown above.




1
2
3aMarital status of the decedent at time of death:
3b
4a
4b
4c
5Individuals (other than the surviving spouse), trusts, or other estates who receive benefits from the estate (do not include charitable beneficiaries shown in Schedule O) (see instructions).
Name of individual, trust, or estate receiving $5,000 or moreIdentifying numberRelationship to decedentAmount (see instructions)
6
If “Yes,” complete and attach two copies of Schedule PC for each claim.
7
8a
If “Yes,” attach copies of the returns, if available, and furnish the following information:
b
c
9a
b
10
11a
b
12
13a
b
c
d
e
14
15
16
17
Part 5 — Recapitulation. Note. If estimating the value of one or more assets pursuant to the special rule of Reg. section 20.2010-2T(a)(7)(ii), enter on both lines 10 and 23 the amount noted in the instructions for the corresponding range of values. (See instructions for details.)
Item no.Gross estateAlternate valueValue at date of death
11
22
33
44
55
66
77
88
99
1010
1111
1212
1313
Item no.DeductionsAmount
1414
1515
1616
1717
1818
1919
2020
2121
2222
2323
2424
Section C. DSUE Amount Portable to the Surviving Spouse (To be completed by the estate of a decedent making a portability election.)
Complete the following calculation to determine the DSUE amount that can be transferred to the surviving spouse.
11
22
33
44
55
66
77
88
99
1010
Section D. DSUE Amount Received from Predeceased Spouse(s) (To be completed by the estate of a deceased surviving spouse with DSUE amount from predeceased spouse(s))
Provide the following information to determine the DSUE amount received from deceased spouses.

Name of Deceased Spouse
(dates of death after
December 31, 2010, only)

Date of Death
(enter as mm/dd/yy)

Portability Election Made?

If “Yes,” DSUE
Amount Received
from Spouse

DSUE Amount
Applied by
Decedent to
Lifetime Gifts

Year of Form 709
Reporting Use of DSUE
Amount Listed in col E

Remaining DSUE
Amount, if any
(subtract col. E
from col. D)
YesNo
Part 1 — DSUE RECEIVED FROM LAST DECEASED SPOUSE
Part 2 — DSUE RECEIVED FROM OTHER PREDECEASED SPOUSE(S) AND USED BY DECEDENT

• For jointly owned property that must be disclosed on Schedule E, see instructions.
• Real estate that is part of a sole proprietorship should be shown on Schedule F.
• Real estate that is included in the gross estate under sections 2035, 2036, 2037, or 2038 should be shown on Schedule G.
• Real estate that is included in the gross estate under section 2041 should be shown on Schedule H.
• If you elect section 2032A valuation, you must complete Schedule A and Schedule A-1.
Note. If the value of the gross estate, together with the amount of adjusted taxable gifts, is less than the basic exclusion amount and the Form 706 is being filed solely to elect portability of the DSUE amount, consideration should be given as to whether you are required to report the value of assets eligible for the marital or charitable deduction on this schedule. See the instructions and Reg. section 20.2010-2T (a)(7)(ii) for more information. If you are not required to report the value of an asset, identify the property but make no entries in the last three columns
Item
Number
DescriptionAlternate valuation dateAlternate valueValue at date of death
(If more space is needed, attach the continuation schedule from the end of this package or additional statements of the same size.)
SCHEDULE A-1—Section 2032A Valuation
Part 1. Type of election (Before making an election, see the checklist in the instructions):
Complete Part 2, line 1, and column A of lines 3 and 4. (see instructions)
Complete all of Part 2 (including line 11, if applicable) and Part 3. (see instructions)
Before completing Schedule A-1, see the instructions for the information and documents that must be included to make a valid election.
The election is not valid unless the agreement (that is, Part 3. Agreement to Special Valuation Under Section 2032A):
• Is signed by each qualified heir with an interest in the specially valued property and
• Is attached to this return when it is filed.
Part 2. Notice of election (Regulations section 20.2032A-8(a)(3))
Note. All real property entered on lines 2 and 3 must also be entered on Schedules A, E, F, G, or H, as applicable.
1Qualified use—check one ▸
2Real property used in a qualified use, passing to qualified heirs, and to be specially valued on this Form 706.

Schedule and item number
from Form 706

(without section 2032A(b)(3)(B)
adjustment)

Adjusted value (with section 2032A
(b)(3)(B) adjustment)

Value based on qualified use
(without section 2032A(b)(3)(B)
adjustment)
3

Schedule and item number
from Form 706

(without section 2032A(b)(3)(B)
adjustment)

Adjusted value (with section 2032A
(b)(3)(B) adjustment)

Value based on qualified use
(without section 2032A(b)(3)(B)
adjustment)

Schedule and item number
from Form 706

(without section 2032A(b)(3)(B)
adjustment)

Adjusted value (with section 2032A
(b)(3)(B) adjustment)

Value based on qualified use
(without section 2032A(b)(3)(B)
adjustment)
4Personal property used in a qualified use and passing to qualified heirs.

Schedule and item number
from Form 706

Adjusted value (with section 2032A
(b)(3)(B) adjustment)

Schedule and item number
from Form 706

Adjusted value (with section 2032A
(b)(3)(B) adjustment)
5
6Attach a description of the method used to determine the special value based on qualified use.
7 Yes   No
8Were there any periods during the 8-year period preceding the date of the decedent’s death during which the decedent or a member of his or her family:YesNo
a
b
c
If you answered “Yes” to any of the above, attach a statement listing the periods. If applicable, describe whether the exceptions of sections 2032A(b)(4) or (5) are met.
9Attach affidavits describing the activities constituting material participation and the identity and relationship to the decedent of the material participants.
10Persons holding interests. Enter the requested information for each party who received any interest in the specially valued property. (Each of the qualified heirs receiving an interest in the property must sign the agreement, to be found on Part 3 of this Schedule A-1, and the agreement must be filed with this return.)
NameAddress
Identifying numberRelationship to decedentFair market valueSpecial-use value
11
Attach a statement explaining why you are entitled to make this election. The IRS may issue regulations that require more information to substantiate this election. You will be notified by the IRS if you must supply further information.

(For jointly owned property that must be disclosed on Schedule E, see instructions.)
Note. If the value of the gross estate, together with the amount of adjusted taxable gifts, is less than the basic exclusion amount and the Form 706 is being filed solely to elect portability of the DSUE amount, consideration should be given as to whether you are required to report the value of assets eligible for the marital or charitable deduction on this schedule. See the instructions and Reg. section 20.2010-2T (a)(7)(ii) for more information. If you are not required to report the value of an asset, identify the property but make no entries in the last four columns.

(For jointly owned property that must be disclosed on Schedule E, see instructions.)
Note. If the value of the gross estate, together with the amount of adjusted taxable gifts, is less than the basic exclusion amount and the Form 706 is being filed solely to elect portability of the DSUE amount, consideration should be given as to whether you are required to report the value of assets eligible for the marital or charitable deduction on this schedule. See the instructions and Reg. section 20.2010-2T (a)(7)(ii) for more information. If you are not required to report the value of an asset, identify the property but make no entries in the last three columns.

You must list all policies on the life of the decedent and attach a Form 712 for each policy.
Note. If the value of the gross estate, together with the amount of adjusted taxable gifts, is less than the basic exclusion amount and the Form 706 is being filed solely to elect portability of the DSUE amount, consideration should be given as to whether you are required to report the value of assets eligible for the marital or charitable deduction on this schedule. See the instructions and Reg. section 20.2010-2T (a)(7)(ii) for more information. If you are not required to report the value of an asset, identify the property but make no entries in the last three columns.

(If you elect section 2032A valuation, you must complete Schedule E and Schedule A-1.)
PART 1. Qualified Joint Interests—Interests Held by the Decedent and His or Her Spouse as the Only Joint Tenants (Section 2040(b)(2))
Note. If the value of the gross estate, together with the amount of adjusted taxable gifts, is less than the basic exclusion amount and the Form 706 is being filed solely to elect portability of the DSUE amount, consideration should be given as to whether you are required to report the value of assets eligible for the marital or charitable deduction on this schedule. See the instructions and Reg. section 20.2010-2T (a)(7)(ii) for more information. If you are not required to report the value of an asset, identify the property but make no entries in the last three columns.
1a1a
1b1b
PART 2. All Other Joint Interests
2aState the name and address of each surviving co-tenant. If there are more than three surviving co-tenants, list the additional co-tenants on an attached statement.
NameAddress (number and street, city, state, and ZIP code)
2b2b
33

(For jointly owned property that must be disclosed on Schedule E, see instructions.)
(If you elect section 2032A valuation, you must complete Schedule F and Schedule A-1.)
Note. If the value of the gross estate, together with the amount of adjusted taxable gifts, is less than the basic exclusion amount and the Form 706 is being filed solely to elect portability of the DSUE amount, consideration should be given as to whether you are required to report the value of assets eligible for the marital or charitable deduction on this schedule. See the instructions and Reg. section 20.2010-2T (a)(7)(ii) for more information. If you are not required to report the value of an asset, identify the property but make no entries in the last three columns.
1
If “Yes,” submit full details on this schedule and attach appraisals.
2
If “Yes,” submit full details on this schedule.
3
If ‘‘Yes,’’ state location, and if held jointly by decedent and another, state name and relationship of joint depositor.
If any of the contents of the safe deposit box are omitted from the schedules in this return, explain fully why omitted.

(If you elect section 2032A valuation, you must complete Schedule G and Schedule A-1.)
Note. If the value of the gross estate, together with the amount of adjusted taxable gifts, is less than the basic exclusion amount and the Form 706 is being filed solely to elect portability of the DSUE amount, consideration should be given as to whether you are required to report the value of assets eligible for the marital or charitable deduction on this schedule. See the instructions and Reg. section 20.2010-2T (a)(7)(ii) for more information. If you are not required to report the value of an asset, identify the property but make no entries in the last three columns.
Gift tax paid or payable by the decedent or the estate for all gifts made by the decedent or his or her spouse within 3 years before the decedent’s death (section 2035(b))
Transfers includible under sections 2035(a), 2036, 2037, or 2038:

(Include “5 and 5 lapsing” powers (section 2041(b)(2)) held by the decedent.)
(If you elect section 2032A valuation, you must complete Schedule H and Schedule A-1.)
Note. If the value of the gross estate, together with the amount of adjusted taxable gifts, is less than the basic exclusion amount and the Form 706 is being filed solely to elect portability of the DSUE amount, consideration should be given as to whether you are required to report the value of assets eligible for the marital or charitable deduction on this schedule. See the instructions and Reg. section 20.2010-2T (a)(7)(ii) for more information. If you are not required to report the value of an asset, identify the property but make no entries in the last three columns.
Note. Generally, no exclusion is allowed for the estates of decedents dying after December 31, 1984 (see instructions).
Note. If the value of the gross estate, together with the amount of adjusted taxable gifts, is less than the basic exclusion amount and the Form 706 is being filed solely to elect portability of the DSUE amount, consideration should be given as to whether you are required to report the value of assets eligible for the marital or charitable deduction on this schedule. See the instructions and Reg. section 20.2010-2T (a)(7)(ii) for more information. If you are not required to report the value of an asset, identify the property but make no entries in the last three columns.
If “Yes,” you must attach the information required by the instructions.
Note. Do not list expenses of administering property not subject to claims on this schedule. To report those expenses, see instructions.
If executors’ commissions, attorney fees, etc., are claimed and allowed as a deduction for estate tax purposes, they are not allowable as a deduction in computing the taxable income of the estate for federal income tax purposes. They are allowable as an income tax deduction on Form 1041, U.S. Income Tax Return for Estates and Trusts, if a waiver is filed to forgo the deduction on Form 706 (see Instructions for Form 1041).
Are you aware of any actual or potential reimbursement to the estate for any expense claimed as a deduction on this schedule?
If “Yes,” attach a statement describing the expense(s) subject to potential reimbursement. (see instructions)
If “Yes,” attach a statement describing the items subject to potential reimbursement. (see instructions)
If “Yes,” attach a statement indicating the applicable provision and documenting the value of the claim.

Note. If the value of the gross estate, together with the amount of adjusted taxable gifts, is less than the basic exclusion amount and the Form 706 is being filed solely to elect portability of the DSUE amount, consideration should be given as to whether you are required to report the value of assets eligible for the marital or charitable deduction on this schedule. See the instructions and Reg. section 20.2010-2T (a)(7)(ii) for more information. If you are not required to report the value of an asset, identify the property but make no entry in the last column.
11
If ‘‘Yes,’’ attach a copy of the written disclaimer required by section 2518(b).
2a
b
c2c
d
e
33
QTIP property:
All other property:
44
5a5a
b5b
c5c
d5d
66
Note. If the value of the gross estate, together with the amount of adjusted taxable gifts, is less than the basic exclusion amount and the Form 706 is being filed solely to elect portability of the DSUE amount, consideration should be given as to whether you are required to report the value of assets eligible for the marital or charitable deduction on this schedule. See the instructions and Reg. section 20.2010-2T (a)(7)(ii) for more information. If you are not required to report the value of an asset, identify the property but make no entry in the last column.
1a
If ‘‘Yes,’’ full details must be submitted with this schedule.
b
If ‘‘Yes,’’ full details must be submitted with this schedule.
2
If ‘‘Yes,’’ attach a copy of the written disclaimer required by section 2518(b).
33
4a4a
b4b
c4c
d4d
55
11
22
33
44
55
66
if section 2013(f) (special valuation of farm, etc., real property) adjustments to the computation of the credit were made (see instructions).
Part 2. Computation of Credit (see instructions)
ItemTransferorTotal
A, B, & C
1
2
3
4%%%
5
6

Note. To avoid application of the deemed allocation rules, Form 706 and Schedule R should be filed to allocate the GST exemption to trusts that may later have taxable terminations or distributions under section 2612 even if the form is not required to be filed to report estate or GST tax.
The GST tax is imposed on taxable transfers of interests in property located outside the United States as well as property located inside the United States. (see instructions)
You no longer need to check a box to make a section 2652(a)(3) (special QTIP) election. If you list qualifying property in Part 1, line 9 below, you will be considered to have made this election. See instructions for details.
11
22
33
44
55
66
77
88
9

Name of trust

Trust’s EIN (if any)

GST exemption allocated on lines 2–6, above (see instructions)

Additional GST exemption allocated (see instructions)

Trust’s inclusion ratio
(optional—see instructions)
9D9D
1010
11
22
33
44
55
66
77
88
99
1010
11
22
33
44
55
66
77
88

(Rev. August 2013)
Department of the Treasury
Internal Revenue Service

Direct Skips From a Trust
Payment Voucher
OMB No. 1545-0015
11
22
33
44
55
66
Note. The executor is deemed to have made the election under section 2031(c)(6) if he or she files Schedule U and excludes any qualifying conservation easements from the gross estate.
1
2 Yes   No
3
44
55
66
77
88
99
10
Note. If line 10 is less than line 9, continue with line 11. If line 10 is equal to or more than line 9, skip lines 11 through 13, enter “.40” on line 14, and complete the schedule.
10
11
Note. If line 11 is equal to or less than .100, stop here; the estate does not qualify for the conservation easement exclusion.
11
1212
1313
1414
1515
1616
1717
1818
1919
2020
Schedule
(Rev. August 2013)
Department of the Treasury
Internal Revenue Service
OMB No. 1545-0015

Form
706
Schedule
and
Item
number

• Name or names of the claimant(s)
• Basis of the claim or other description of the pending claim or expense
• Reasons and contingencies delaying resolution
• Status of contested matters
• Attach copies of relevant pleadings or other documents

Amount, if any, deducted under Treas. Reg. sections 20.2053-1(d)(4) or 20.2053-4 (b) or (c) for the identified claim or expense

Amount presently claimed as a deduction under section 2053 for the identified claim

Ancillary expenses estimated/ agreed upon/paid (Please indicate)

Amount of tax to be refunded

Date of death

Internal Revenue office where filed

Date filed

Indicate whether
(1) Protective Claim for Refund;
(2) Partial Claim for Refund; or
(3) Full and Final Claim for Refund

Amount in Contest

Tip: use the US Tax Calculator to edit your refundable and non-refundable tax credits including Form 706: United States Estate (and Generation-Skipping Transfer) Tax Return. Complete, Calculate, print and or save your tax calculation for later use.

Follow us on Facebook to be informed of the latest updates to the US Tax Form Calculator and our popular Tax and Finance Calculators.

Online United States Estate (and Generation-Skipping Transfer) Tax Return, complete, calculate, print or save for later use. Tax Form Calculator