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Index

Gross estate . . . . . . . . . . . . . . . 2, 12

Real property, qualified . . . . . . . . 8

Schedule R, how to

complete . . . . . . . . . . . . . . . . . . . 26

Address, executor . . . . . . . . . . . . . 5

Recapitulation . . . . . . . . . . . . . . . . 12

Schedule R-1, how to

Alternate valuation . . . . . . . . . . . . . 6

Residents of U. S.

complete . . . . . . . . . . . . . . . 26, 27

Possessions . . . . . . . . . . . . . . . . 2

Amending Form 706 . . . . . . . . . . . 2

Inclusion ratio for trust . . . . . . . . 27

Schedule U Qualified conservation

Rounding off to whole

Annuities . . . . . . . . . . . . . . . . . . . . . 17

Installment payments . . . . . . . . . 10

easement exclusion . . . . . . . . 27

dollars . . . . . . . . . . . . . . . . . . . . . . 3

Applicable credit amount . . . . . . . 6

Insurance . . . . . . . . . . . . . . . . . . . . 12

Schedules R and R-1, direct

Authorization . . . . . . . . . . . . . . . . . 12

Interests, reversionary or

skips . . . . . . . . . . . . . . . . . . . . . . 25

remainder . . . . . . . . . . . . . . . . . . 11

Section 2032A . . . . . . . . . . . . . 7, 13

Schedule A Real Estate (See

Section 2035(a) transfers . . . . . 15

reverse side of Sch. A on Form

Bequests . . . . . . . . . . . . . . . . . . . . 20

Section 2036 transfers . . . . . . . . 15

706)

Bonds . . . . . . . . . . . . . . . . . . . . . . . 13

Liens . . . . . . . . . . . . . . . . . . . . . . . . 20

Section 2037 transfers . . . . . . . . 15

Schedule A-1 Section 2032A

Losses, expenses . . . . . . . . . . . . 20

Section 2038 transfers . . . . . . . . 15

Valuation (See Sch. A-1 on

Lump sum distribution

Signature and verification . . . . . . 2

Form 706)

election . . . . . . . . . . . . . . . . . . . . 19

Canadian marital credit . . . . . . . . 6

Social security number . . . . . . . 4, 5

Schedule B Stocks and

Close corporations . . . . . . . . . . . 12

Bonds . . . . . . . . . . . . . . . . . . . . . 13

special-use valuation of Section

2032A . . . . . . . . . . . . . . . . . . . . . . 7

Conservation purpose . . . . . . . . 28

Schedule C Mortgages, notes,

and cash (See reverse side of

Specific Instructions . . . . . . . . . . . 3

Continuation Schedule (See

Material participation . . . . . . . . . . . 8

Sch. C on Form 706)

Continuation Schedule on Form

Stocks . . . . . . . . . . . . . . . . . . . . . . . 13

Member of family . . . . . . . . . . . 8, 28

706)

Schedule D Insurance (See

Mortgages and liens . . . . . . . . . . 20

reverse side of Sch. D on Form

Credit for foreign death

706)

taxes . . . . . . . . . . . . . . . . . . . . . . 21

Table A, Unified Rate

Schedule E Jointly owned

Credit for tax on prior

Schedule . . . . . . . . . . . . . . . . . . . 5

Nonresident Noncitizens . . . . . . . 2

property (See reverse side of

transfers . . . . . . . . . . . . . . . . . . . 22

Tax Computation . . . . . . . . . . . . . . 5

Sch. E on Form 706)

Taxes, foreign death . . . . . . . . . . 21

Schedule F. Other miscellaneous

Total Credits . . . . . . . . . . . . . . . . . . 6

property (See reverse side of

Part 1, Decedent and

Death certificate . . . . . . . . . . . . . . . 3

Sch. F on Form 706)

Transfers, direct skips . . . . . . . . 24

Executor . . . . . . . . . . . . . . . . . . . . 4

Debts of the decedent . . . . . . . . 19

Schedule G Transfers during

Transfers, valuation rules . . . . . 16

Part 2. Tax Computation . . . . . . . 5

Debts, mortgages and

decedent’s life . . . . . . . . . . . . . 15

Trusts . . . . . . . . . . . . . . . . . . . . . . . 12

Part 3. Elections by the

liens . . . . . . . . . . . . . . . . . . . . . . . 19

Schedule G, how to

Executor . . . . . . . . . . . . . . . . . . . . 6

Deductions . . . . . . . . . . . . . . . . . . . 13

complete . . . . . . . . . . . . . . . . . . . 16

Part 4. General

Direct skips . . . . . . . . . . . . . . . . . . 24

Schedule H Powers of

Information . . . . . . . . . . . . . . . . 12

U. S. Citizens or Residents . . . . . 2

Disclaimer, qualified . . . . . . . . . . 21

appointment . . . . . . . . . . . . . . . 16

Part 5. Recapitulation . . . . . . . . . 12

Unified Credit (applicable credit

Documents, supplemental . . . . . . 3

Schedule I Annuities . . . . . . . . . . 17

Paying the Tax . . . . . . . . . . . . . . . . 2

amount) . . . . . . . . . . . . . . . . . . . . 6

Schedule I, how to

Payments, installment . . . . . . . . 10

Unified credit adjustment . . . . . . . 6

complete . . . . . . . . . . . . . . . . . . . 19

Penalties . . . . . . . . . . . . . . . . . . . . . . 3

Schedule J Expenses (See

Election . . . . . . . . . . . . . . . . . . . . 9, 11

Powers of appointment . . . . . . . 16

reverse side of Sch. J on Form

Election, lump sum

Privacy Act and Paperwork

706)

Valuation methods . . . . . . . . . . . . . 8

distribution . . . . . . . . . . . . . . . . . 19

Reduction Act Notice . . . . . . . 29

Schedule K Debts . . . . . . . . . . . . 19

Valuation rules, transfers . . . . . . 16

Exclusion . . . . . . . . . . . . . . . . . . . . 13

Private delivery services . . . . . . . 2

Schedule L Losses, expenses

Executor . . . . . . . . . . . . . . . . . . . . 2, 4

Property, section 2044 . . . . . . . . 12

during administration . . . . . . . 20

Expenses, losses . . . . . . . . . . . . . 20

Publications, obtaining . . . . . . . . . 3

Schedule M (Marital deduction)

What’s New . . . . . . . . . . . . . . . . . . . 1

Purpose of Form . . . . . . . . . . . . . . 1

(See instructions in the Form

When To File . . . . . . . . . . . . . . . . . . 2

706, itself)

Which Estates Must File . . . . . . . 1

Foreign accounts . . . . . . . . . . . . . 12

Schedule O Gifts and

Worksheet for Schedule Q . . . . 23

bequests . . . . . . . . . . . . . . . . . . . 20

Forms and publications,

Qualified conservation easement

Worksheet TG-Taxable Gifts

obtaining . . . . . . . . . . . . . . . . . . . . 3

Schedule P Foreign death

exclusion . . . . . . . . . . . . . . . . . . 27

Reconciliation . . . . . . . . . . . . . . . 6

taxes . . . . . . . . . . . . . . . . . . . . . . 21

Qualified heir . . . . . . . . . . . . . . . . . . 8

Worksheet, inclusion ratio for

Schedule Q Prior transfers, credit

Qualified real property . . . . . . . . . 8

trust . . . . . . . . . . . . . . . . . . . . . . . 27

for . . . . . . . . . . . . . . . . . . . . . . . . . 22

General Information . . . . . . . . . . 12

Schedule R and R-1

■

General Instructions . . . . . . . . . . . 1

Generation-skipping transfer

Real property interest,

tax . . . . . . . . . . . . . . . . . . . . . . . . 23

qualified . . . . . . . . . . . . . . . . . . . 28

Gifts and bequests . . . . . . . . . . . 20

-32-

Instructions For Form 706 - United States Estate (And Generation-Skipping Transfer) Tax Return - 2008 Page 32

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