SCHEDULE R-1
Generation-Skipping Transfer Tax
(Form 706)
OMB No. 1545-0015
(Rev. August 2017)
Direct Skips From a Trust
Department of the Treasury
Payment Voucher
Internal Revenue Service
Executor: File one copy with Form 706 and send two copies to the fiduciary. Do not pay the tax shown. See instructions for details.
Fiduciary: See instructions for details. Pay the tax shown on line 6.
Name of trust
Trust’s EIN
Name and title of fiduciary
Name of decedent
Address of fiduciary (number and street)
Decedent’s SSN
Service Center where Form 706 was filed
City, state, and ZIP or postal code
Name of executor
Address of executor (number and street)
City, state, and ZIP or postal code
Date of decedent’s death
Filing due date of Schedule R, Form 706 (with extensions)
Part 1. Computation of the GST Tax on the Direct Skip
Description of property interests subject to the direct skip
Estate tax value
1 Total estate tax value of all property interests listed above
1
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2 Estate taxes, state death taxes, and other charges borne by the property interests listed above .
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2
3 Tentative maximum direct skip from trust (subtract line 2 from line 1) .
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3
4 GST exemption allocated .
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5 Subtract line 4 from line 3 .
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5
6 GST tax due from fiduciary (divide line 5 by 3.5). (See instructions if property will not bear the
GST tax.)
6
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Under penalties of perjury, I declare that I have examined this document, including accompanying schedules and statements, and to the best of my knowledge and belief, it
is true, correct, and complete.
Signature(s) of executor(s)
Date
Date
Date
Signature of fiduciary or officer representing fiduciary
Schedule R-1—Page 26