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instructions for and then to answer

Department of the Treasury

Question 6 of Part III.

Internal Revenue Service

Who Must File

Instructions for Form 706-NA

The executor must file Form 706-NA if

the date of death value of the

decedent’s gross estate located in the

(Revised March 1993)

United States under Internal Revenue

Code situs rules exceeds the filing limit.

The filing limit is $60,000 reduced by the

United States Estate (and Generation-Skipping

sum of: (1) the gift tax specific

Transfer) Tax Return

exemption (section 2521) allowed with

respect to gifts made between

Estate of nonresident not a citizen of the United States

September 9, 1976, and December 31,

Caution: Use this revision of the instructions only for the estates of decedents

1976, inclusive, and (2) the total taxable

dying after December 31, 1992.

gifts made after December 31, 1976,

that are not included in the gross estate.

Section references are to the Inter nal Revenue Code unless otherwise noted.

The executor must also file if the

decedent died with an excess retirement

Paperwork Reduction Act Notice.—We

Item To Note

accumulation as computed on Schedule

ask for the information on this form to

S of Form 706. This is true regardless of

Effective Date.—Because of changes in

carry out the Internal Revenue laws of

whether any regular estate tax is due.

the law, you can only use this revision of

the United States. You are required to

The executor is the personal

the Instructions for Form 706-NA for the

give us the information. We need it to

representative, executor, executrix,

estates of decedents dying after

ensure that you are complying with

administrator, or administratrix of the

December 31, 1992. For decedents

these laws and to allow us to figure and

deceased person’s estate. If no executor

dying before January 1, 1993, you must

collect the right amount of tax.

is appointed, qualified, and acting in the

use the May 1990 revision of the

The time needed to complete and file

United States, every person in actual or

instructions.

this form will vary depending on

constructive possession of any of the

You may use the March 1993 revision

individual circumstances. The estimated

decedent’s property must file a return. If

of the form for estates of decedents

average time is:

more than one person must file, it is

dying after November 10, 1988.

preferable that they join in filing one

Recordkeeping

1 hr., 38 min.

complete return. Otherwise, each must

Learning about the

General Instructions

file as complete a return as possible,

law or the form

30 min.

including a full description of the

Purpose of Form

property and each person’s name who

Preparing the form

1 hr., 46 min.

holds an interest in it.

Copying, assembling, and

Form 706-NA is used to compute estate

sending the form to the IRS

41 min.

and generation-skipping transfer (GST)

When and Where To File

tax liability for nonresident alien

If you have comments concerning the

decedents. The estate tax is imposed on

accuracy of these time estimates or

File Form 706-NA within 9 months after

the transfer of the decedent’s taxable

the date of death unless an extension of

suggestions for making this form more

estate, rather than on the receipt of any

time to file was granted. In that case,

simple, we would be happy to hear from

part of it.

attach a copy of the approved Form

you. You can write to both the Internal

4768, Application for Extension of Time

Revenue Service, Washington, DC

If you need tax information not in

to File U.S. Estate (and

20224, Attention: IRS Reports Clearance

these instructions, get Pub. 448, Federal

Generation-Skipping Transfer) Tax

Officer, T:FP; and the Office of

Estate and Gift Taxes. For information

Return and/or Pay Estate (and

Management and Budget, Paperwork

about transfer certificates for U.S.

Reduction Project (1545-0531),

Generation-Skipping Transfer) Tax.

assets, write to the Internal Revenue

Washington, DC 20503. DO NOT send

Service, Assistant Commissioner

Send Form 706-NA to the Internal

the tax form to either of these offices.

(International), 950 L’Enfant Plaza, SW,

Revenue Service Center, Philadelphia,

Instead, see When and Where To File

Washington, DC 20024.

PA 19255.

below.

Form 706.—In order to complete this

Definitions

Penalties

return, you must obtain Form 706,

The following terms are used often in

The law provides for penalties for both

United States Estate (and

these instructions:

late filing of returns and late payment of

Generation-Skipping Transfer) Tax

tax unless there is reasonable cause for

1. The United States means the 50

Return, and its separate instructions.

the delay. There are also penalties for

States and the District of Columbia.

You must attach schedules from Form

valuation understatements that cause an

706 if you intend to claim a marital

2. A nonresident alien decedent

underpayment of tax and for a willful

deduction, a charitable deduction, or a

means a decedent who is neither

attempt to evade or defeat payment of

credit for tax on prior transfers, or if you

domiciled in nor a citizen of the United

tax.

answer “Yes” to question 5, 7, 8, 9, or

States at the time of death. For

11 in Part III. You will need the

purposes of this form, a citizen of a U.S.

Death Tax Treaties

instructions to Form 706 to explain how

possession is not a U.S. citizen.

to value stocks and bonds. Make sure

3. A U.S. expatriate is one who lost

Death tax treaties are in effect with the

that you obtain the revision of Form 706

U.S. citizenship within 10 years before

following countries:

that is applicable for the date of the

the date of death, and for whom it is

decedent’s death.

reasonable to assume that a main

purpose in doing so was to avoid U.S.

taxes. The executor has the burden of

proving otherwise. Be sure to see the

Cat. No. 63118N

Instructions For Form 706-Na - United States Estate (And Generation-Skipping Transfer) Tax Return - 1993

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