Page 42

Index A G Publications, obtaining . . . . . . . . . 3 Schedules R and R-1, direct skips . . . . . . . . . . . . . . . . . . . . . . 36 Address, executor . . . . . . . . . . . . . 4 General Information . . . . . . . . . . 12 Purpose of Form . . . . . . . . . . . . . . 2 Section 2032A . . . . . . . . . . . . . . . . 8 Alternate valuation . . . . . . . . . . . . . 7 General Instructions . . . . . . . . . . . 2 Section 2035(a) transfers . . . . . 21 Amending Form 706 . . . . . . . . . . . 3 Generation-skipping transfer Q tax . . . . . . . . . . . . . . . . . . . . . . . . 34 Section 2036 transfers . . . . . . . . 21 Annuities . . . . . . . . . . . . . . . . . . . . . 23 Qualified conservation easement Gifts and bequests . . . . . . . . . . . 30 Section 2037 transfers . . . . . . . . 21 Applicable credit amount . . . . . . . 7 exclusion . . . . . . . . . . . . . . . . . . 38 Gross estate . . . . . . . . . . . . . . . 2, 13 Section 2038 transfers . . . . . . . . 21 Authorization . . . . . . . . . . . . . . . . . 12 Qualified heir . . . . . . . . . . . . . . . . . . 9 Signature and verification . . . . . . 3 Qualified real property . . . . . . . . . 9 Social security number . . . . . . . . . 4 I B special-use valuation of Section Inclusion ratio for trust . . . . . . . . 37 Bequests . . . . . . . . . . . . . . . . . . . . 30 R 2032A . . . . . . . . . . . . . . . . . . . . . . 8 Installment payments . . . . . . . . . 11 Bonds . . . . . . . . . . . . . . . . . . . . . . . 17 Real property interest, Specific Instructions . . . . . . . . . . . 4 Instructions for Schedule A—Real qualified . . . . . . . . . . . . . . . . . . . 39 Stocks . . . . . . . . . . . . . . . . . . . . . . . 17 Estate . . . . . . . . . . . . . . . . . . . . . 14 Real property, qualified . . . . . . . . 9 C Insurance . . . . . . . . . . . . . . . . . . . . 13 Recapitulation . . . . . . . . . . . . . . . . 13 Canadian marital credit . . . . . . . . 7 Interests, reversionary or T Residents of U. S. Close corporations . . . . . . . . . . . 13 remainder . . . . . . . . . . . . . . . . . . 12 Table A, Unified Rate Possessions . . . . . . . . . . . . . . . . 2 Conservation purpose . . . . . . . . 39 Schedule . . . . . . . . . . . . . . . . . . . 4 Rounding off to whole Continuation Schedule (See Tax Computation . . . . . . . . . . . . . . 4 dollars . . . . . . . . . . . . . . . . . . . . . . 3 L Continuation Schedule on Form Taxes, foreign death . . . . . . . . . . 31 Liens . . . . . . . . . . . . . . . . . . . . . . . . 27 706) Total Credits . . . . . . . . . . . . . . . . . . 7 Losses, expenses . . . . . . . . . . . . 27 Credit for foreign death S Transfers, direct skips . . . . . . . . 34 taxes . . . . . . . . . . . . . . . . . . . . . . 31 Lump sum distribution Schedule B Stocks and Transfers, valuation rules . . . . . 22 election . . . . . . . . . . . . . . . . . . . . 25 Credit for tax on prior Bonds . . . . . . . . . . . . . . . . . . . . . 17 Trusts . . . . . . . . . . . . . . . . . . . . . . . 13 transfers . . . . . . . . . . . . . . . . . . . 32 Schedule G Transfers during decedent’s life . . . . . . . . . . . . . 21 M Schedule G, how to U D Material participation . . . . . . . . . . . 9 complete . . . . . . . . . . . . . . . . . . . 22 U. S. Citizens or Residents . . . . . 2 Death certificate . . . . . . . . . . . . . . . 3 Member of family . . . . . . . . . . . 9, 39 Schedule H Powers of Unified Credit (applicable credit Debts of the decedent . . . . . . . . 26 Mortgages and liens . . . . . . . . . . 27 appointment . . . . . . . . . . . . . . . 22 amount) . . . . . . . . . . . . . . . . . . . . 7 Debts, mortgages and Schedule I Annuities . . . . . . . . . . 23 Unified credit adjustment . . . . . . . 7 liens . . . . . . . . . . . . . . . . . . . . . . . 26 N Schedule I, how to Deductions . . . . . . . . . . . . . . . . . . . 14 Nonresident Noncitizens . . . . . . . 2 complete . . . . . . . . . . . . . . . . . . . 25 Direct skips . . . . . . . . . . . . . . . . . . 34 V Schedule K Debts . . . . . . . . . . . . 26 Disclaimer, qualified . . . . . . . . . . 31 Valuation methods . . . . . . . . . . . . . 9 Schedule L Losses, expenses P Documents, supplemental . . . . . . 3 Valuation rules, transfers . . . . . . 22 during administration . . . . . . . 27 Part 1, Decedent and Schedule O Gifts and Executor . . . . . . . . . . . . . . . . . . . . 4 E bequests . . . . . . . . . . . . . . . . . . . 30 W Part 2. Tax Computation . . . . . . . 4 Election . . . . . . . . . . . . . . . . . . 10, 12 Schedule P Foreign death What’s New . . . . . . . . . . . . . . . . . . . 1 Part 3. Elections by the Election, lump sum taxes . . . . . . . . . . . . . . . . . . . . . . 31 When To File . . . . . . . . . . . . . . . . . . 2 Executor . . . . . . . . . . . . . . . . . . . . 7 distribution . . . . . . . . . . . . . . . . . 25 Schedule Q Prior transfers, credit Which Estates Must File . . . . . . . 2 Part 4. General Exclusion . . . . . . . . . . . . . . . . . . . . 14 for . . . . . . . . . . . . . . . . . . . . . . . . . 32 Information . . . . . . . . . . . . . . . . 12 Worksheet for Schedule Q . . . . 34 Executor . . . . . . . . . . . . . . . . . . . . 2, 4 Schedule R and R-1 Part 5. Recapitulation . . . . . . . . . 13 Worksheet TG-Taxable Gifts Generation-skipping transfer Expenses, losses . . . . . . . . . . . . . 27 Reconciliation . . . . . . . . . . . . . . . 5 Paying the Tax . . . . . . . . . . . . . . . . 2 tax . . . . . . . . . . . . . . . . . . . . . . . . 34 Worksheet, inclusion ratio for Payments, installment . . . . . . . . 11 Schedule R, how to trust . . . . . . . . . . . . . . . . . . . . . . . 37 Penalties . . . . . . . . . . . . . . . . . . . . . . 3 F complete . . . . . . . . . . . . . . . . . . . 37 Powers of appointment . . . . . . . 22 Foreign accounts . . . . . . . . . . . . . 13 Schedule R-1, how to I Privacy Act and Paperwork Forms and publications, complete . . . . . . . . . . . . . . . 37, 38 Reduction Act Notice . . . . . . . 41 obtaining . . . . . . . . . . . . . . . . . . . . 3 Schedule U Qualified conservation Private delivery services . . . . . . . 2 easement exclusion . . . . . . . . 38 Property, section 2044 . . . . . . . . 13 -42-