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Worksheet for Schedule Q—Credit for Tax on Prior Transfers Transferor’s tax on prior transfers Total for all transfers Transferor (From Schedule Q) Item (line 8 only) C B A 1. Gross value of prior transfer to this transferee 2. Death taxes payable from prior transfer 3. Encumbrances allocable to prior transfer 4. Obligations allocable to prior transfer Marital deduction applicable to line 1 above, as shown on transferor’s Form 706 5. 6. TOTAL. Add lines 2, 3, 4, and 5 Net value of transfers. Subtract line 6 from line 1 7. Net value of transfers. Add columns A, B, and C of line 7 8. 9. Transferor’s taxable estate 10. Federal estate tax paid State death taxes paid 11. Foreign death taxes paid 12. Other death taxes paid 13. 14. Value of transferor’s estate. Subtract line 14 from line 9 15. Net federal estate tax paid on transferor’s estate 16. Credit for gift tax paid on transferor’s estate with respect to pre-1977 gifts (section 2012) 17. Credit allowed transferor’s estate for tax on prior transfers from prior transferor(s) who died within 10 years before death of decedent 18. Tax on transferor’s estate. Add lines 16, 17, and 18 19. Transferor’s tax on prior transfers ((line 7 line 15)  line 19 of respective estates) 20. Transferee’s tax on prior transfers Amount Item 21. Transferee’s actual tax before allowance of credit for prior transfers (see instructions) 22. Total gross estate of transferee from line 1 of the Tax Computation, page 1, Form 706 23. Net value of all transfers from line 8 of this worksheet 24. Transferee’s reduced gross estate. Subtract line 23 from line 22 Total debts and deductions (not including marital and charitable deductions) (line 3b of Part 2—Tax Computation, page 1 and items 17, 18, and 19 of the Recapitulation, page 3, Form 706) 25. 26. Marital deduction from item 20, Recapitulation, page 3, Form 706 (see instructions) 27. Charitable bequests from item 21, Recapitulation, page 3, Form 706 28. Charitable deduction proportion ( [ line 23  (line 22 – line 25) ]  line 27 ) 29. Reduced charitable deduction. Subtract line 28 from line 27 30. Transferee’s deduction as adjusted. Add lines 25, 26, and 29 31. (a) Transferee’s reduced taxable estate. Subtract line 30 from line 24 (b) Adjusted taxable gifts (c) Total reduced taxable estate. Add lines 31(a) and 31(b) 32. Tentative tax on reduced taxable estate 33. (a) Post-1976 gift taxes paid (b) Unified credit (applicable credit amount) (c) Section 2012 gift tax credit (d) Section 2014 foreign death tax credit (e) Total credits. Add lines 33(a) through 33(d) Net tax on reduced taxable estate. Subtract line 33(e) from line 32 34. Transferee’s tax on prior transfers. Subtract line 34 from line 21 35. Part I Part II TOTAL taxes paid. Add lines 10, 11, 12, and 13 21 22 23 24 25 26 27 28 29 30 31(a) 32 33(a) 34 35 31(b) 31(c) 33(b) 33(c) 33(d) 33(e) appointment that is not a general power allowed for annuities, life estates, terms ownership of the property, to the extent of appointment. In addition to interests for years, remainder interests (whether that the transferee became the in which the transferee received the contingent or vested), and any other beneficial owner of the interest. complete ownership, the credit may be interest that is less than the complete -33- Part Instructions