Form 706-GS(D) – Generation-Skipping Transfer (GST) Tax on Distributions

Form 706-GS(D): GST Tax on Distributions

Last reviewed: 2025-10-26

Use Tax Form 706-GS(D): GST Tax on Distributions as a stand alone tax form calculator to quickly calculate specific amounts for your 2026 tax return. Alternatively you can use one of our Combined Federal and State Tax Estimator to quickly calculate your salary, tax and take home pay.

Form 706-GS(D) is used to report generation-skipping transfers (GSTs) made by a trust to a skip person. This includes any distribution subject to GST tax under IRC §2601. A skip person is generally a beneficiary who is at least two generations below the grantor, such as a grandchild or great-grandchild.

Who Must File: The trustee of any trust that makes a taxable distribution during the year must file Form 706-GS(D) for each skip person who receives such a distribution. Separate forms are required per beneficiary, and the trustee must report the GST tax due and provide a copy to each beneficiary receiving a taxable distribution.

Generation-Skipping Transfer Tax Return For Distributions
Attach a copy of all Forms 706-GS(D-1) to this return.
Part I General Information
1a	Name of skip person distributee		1b	Social security number of individual distributee (see instructions)
2a	Name and title of person filing return (if different from 1a, see instructions)		1c	Employer identification number of trust distributee (see instructions)
2b	Address of distributee or person filing return (see instructions) (number and street or P.O. box; city, town, or post office; state; and ZIP code) If you have a foreign address, also complete the spaces below.
Foreign country name		Foreign province/county	Foreign postal code
Part II Distributions
a Trust EIN (from Form 706-GS(D-1), line 2a)		b Item no. (from Form 706-GS(D-1), line 3, column a)	c Amount of transfer (from Form 706-GS(D-1), line 3, column f (Tentative transfer))





3	Total transfers (add amounts in column c )			3
Part III Tax Computation
4	Adjusted allowable expenses (see instructions)			4
5	Taxable amount (subtract line 4 from line 3)			5
6	Maximum federal estate tax rate (see instructions)			6	%
7	Generation-skipping transfer tax (Multiply line 5 by line 6)			7
8	Payment, if any, made with Form 7004			8
9	Tax due ▸			9
10	Overpayment. If line 8 is larger than line 7, enter amount to be refunded ▸			10
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer other than taxpayer is based on all information of which preparer has any knowledge.
Sign Here
	▸ Signature of taxpayer or person filing on behalf of taxpayer		Date
Paid Preparer Use Only	Print/Type preparer’s name	Preparer's signature	Date	Check if self-employed		PTIN
	Firm’s name ▸		Firm's EIN ▸
	Firm's address ▸		Phone no.

Filing Deadline: The form must be filed by April 15 following the calendar year of the distribution. Extensions can be requested using Form 8892. Failure to file or incorrect reporting may result in penalties, especially where tax is due on undisclosed transfers.

Last reviewed: 2025-10-26: If you believe this form requires an update, please contact us.

The GST tax system was designed to prevent long-term avoidance of estate and gift taxes by skipping generations. Accurate trust recordkeeping and prompt reporting on Form 706-GS(D) help ensure compliance and avoid costly penalties. Trustees must determine the tax based on the value of the distribution and the applicable inclusion ratio for each skip person beneficiary.

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