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					Form 706 Estate Tax Return                                         bce2ad0d-f495-4731-b7a6-82ce834b7bef.xls                                Printed on 8/12/2011 at 4:20 PM



     Form 706 Rev. Aug. 2003-THIS DOCUM ENT IS FOR ILLUSTRATION PURPOSES
     ONLY. IT IS NOT INTENDED TO BE ACCURATE OR TO BE RELIED UPON,
     BUT RATHER IS ONLY TO BE USED AS AN EXAM PLE OF POSSIBLE TAX
     CONSEQUENCES

                    A through E must always be answered!!!!
A                                     Is the Alternate Valuation Date Elected n                                  A
B                 Enter Wild Guess about Deductible IRD in Combined Estates $50,000                              B
C                                                 Is Client Married: "y" or "n" y                                C
     Ans D&E "N/A" if this is a real 706 complete w/ Schedules, & NOT
     a 1 page stand alone 706.                                                                                   Less Unified Credit
     If this is a real 706 d & e MUST BE "N/A"                                                                   In Bypass Trust
     If want simple stand alone tax computation, enter wild guess about taxable estate in
     year indicated (taking wild guess about appreciation), and as if everything left to
D    spouse w/o bypass trust; otherwise, N/A.                              $10,000,000                           D
               If this is a simple stand alone comp, enter YEAR TO USE FOR
E                    COMPUTATIONS and do not answer any other questions 2004                                     E
                                                                                                                 Surv Sp's Estate If
                                                                                              Surviving          Bypass Trust (No Tax
           Everything in this Box below is Computed. Do Not Enter Data                        Spouse's Estate If in Predeceased Sp's Est
                                                      Below in this Box.                      No Bypass Trust bc of M D)
                                                                        Net Taxable Estate    $10,000,000        $8,500,000
                                                                         Federal Estate Tax   $3,798,100         $3,133,900
                                                            State Inheritance Soak Up Tax     $266,900           $211,100
                                                                         Total Death Taxes    $4,065,000         $3,345,000
                                      Potential Income Tax (Not Necessarily Due at Death)     $12,280            $12,499.86
                       Total Tax Including Potential Income Tax on IRD items (e.g., IRAs)           $4,077,280                $3,357,500
    Death Tax Savings From Use of Bypass Trust Even if No Appreciation! $720,000
                                                   Do Not Enter Data Below Until Part 1
                                                                       Total Gross Estate $10,000,000.00             $8,500,000
                                                                                      FET   $3,798,100.00         $3,133,900.00
                                                                                       SIT    $266,900.00           $211,100.00
                                                                                GST TAX
                                                 Total Tr ansfer Taxes excluding GSTT       $4,065,000.00         $3,345,000.00
                                                 Total Tr ansfer Taxes including GSTT       $4,065,000.00         $3,345,000.00
                                                                            Average Rate           40.65%                39.35%
                                                                            M arginal Rate         48.00% 48.00%
                                                                  Assumed Inc.Tax Rate             39.60%                39.60%
                                                                      Net Taxable Estate $10,000,000.00           $8,500,000.00
                        Amount inherited from Predeceased Spouse Under CS Trust, if any             $0.00            $1,500,000
                                                       Net to Heirs Before Income Taxes     $5,935,000.00         $6,655,000.00
                                                                        691(c) Deduction       $18,990.50            $18,434.71
                                                                  Potential Income Taxes       $12,279.76               $12,500
           Net to Heirs After Income & Death Taxes. Assumes that GSTT is paid by estate.    $5,922,720.24         $6,642,500.14
                 Combined FET & Inc. Savings After Offset for Reduced 691(c) Deduction              $0.00        $719,779.91
                                                                           Due Date 706 N/A                N/A
                                                                       Alternate Val Date N/A              N/A
                                                              Is This a Stand Alone 706?                 y




                                                                                   -Page 1 of 25
Form 706 Estate Tax Return                                            bce2ad0d-f495-4731-b7a6-82ce834b7bef.xls                                        Printed on 8/12/2011 at 4:20 PM




This must not be a real 706. Therefore, don't answer any further questions!!!!!!!!!!!!!!!!
Answer all Applicable Pt 1 Questions if This is a real 706 complete w/ Schedules. Do not answer any further questions if this is a stand alone 706.
*** *************************************************************************** **************** ********************

       Par t1-Decedent and Executor                                                              Enter Ans.          Do Not Enter Data
Pt1                                                                                              To Pt 1 Qs Here     In this Column
1a     Decedent's 1st name & middle initial (& maiden name, if any)
1b     Decedent's last name                                                                      L ast Name
2      Decedent's SSN
3a     Domicile (County, State & Zip)
3b     Year domicile established
4      Date of Birth
5      Date of Death                                                                                                 2004
6a     Name of Executor
6b     Executor's address (no. st. city, zip)
6c     Executor's SSN
7a     Name & location of Ct. where will probated
7b     Case No.
8      If Decedent died testate check here & attach certified copy of will                                x
9      If Form 4768 is attached, check here (Application for Extension of Time)
10     If Schedule R-1 is attached check here                                                             x


       Other than perhaps items 4, 9 & x
       DO NOT ANSW ER ANY PT 2 QUESTI ONS, Ever ything is Computed Fr om Pt 5!!!!!

       Par t2-Tax Computation
Pt2    WARNING, Ans. To Pt5 Have Been Overridden Because Stand Alone Qs Were Answered !!!!!!!!!!!!!      xxxxxxxxxxxxxx xxxxxxxxxxxxxxxxxxxx
  1    Total gross est less exclusion (from Pt 5 Recapitulation, p. 3, item 12)                          xxxxxxxxxxxxxx         $10,000,000.00
  2    Total allowable deductions (from Recapitulation, page 3, item 23)                                 xxxxxxxxxxxxxx                  $0.00
  3    Taxable estate (subtract line 2 from line 1)                                                      xxxxxxxxxxxxxx         $10,000,000.00
  4    Adjusted taxable gifts (total taxable gifts (within the meaning of section 2503) made by the
       decedent after December 31, 1976, other than gifts that are includible in decedent's gross        xxxxxxxxxxxxxx
   5   Add lines 3 and 4                                                                                 xxxxxxxxxxxxxx         $10,000,000.00
   6   Tentative tax on the amount on line 5 from Table A in the instructions                            xxxxxxxxxxxxxx          $4,620,800.00
       N/A                                                                                                                xxxxxxxxxxxxxxxxxxxx
       N/A                                                                                                                xxxxxxxxxxxxxxxxxxxx
       N/A                                                                                               xxxxxxxxxxxxxx xxxxxxxxxxxxxxxxxxxx
       N/A                                                                                               xxxxxxxxxxxxxx xxxxxxxxxxxxxxxxxxxx
   7   Total gift tax payable with respect to gifts made by the decedent after December 31, 1976.
       Include gift taxes paid by the decedent's spouse for split gifts (section 2513) only if the
       decedent was the donor of these gifts and they are includible in the decedent's gross estate (see
       instructions)                                                                                     xxxxxxxxxxxxxx                  $0.00
  8    Gross estate tax (subtract line 7 from line 6)                                                    xxxxxxxxxxxxxx          $4,620,800.00
  9    Max Unified credit (applicable credit amt) against estate tax                                          $555,800.00 xxxxxxxxxxxxxxxxxxxx
 10                                                                                                                 $0.00 xxxxxxxxxxxxxxxxxxxx
       Adjustment to unified credit (applicable credit amt). (This adjustment may not exceed $6,000. See p4 of instructions.)
 11    Allowable unified credit (applicable credit amt) (subtract line 10 from line 9)                                             $555,800.00
 12    Subtract line 11 from line 8 (but do not enter less than zero)                                                            $4,065,000.00
 13    Credit for state death taxes. Do not enter more than line 12. Compute credit by using amount
       on line 3 less $60,000. See Table B in the instructions and attach cr edit evidence (see             $1,067,600.00          $266,900.00
 14    Subtract line 13 from line 12 (but do not enter less than zero)                                                           $3,798,100.00
 15    Credit for Federal gift taxes on pre-1977 gifts (section 2012) (attach computation)                          $0.00 xxxxxxxxxxxxxxxxxxxx
 16    Credit for foreign death taxes (from Schedule(s) P). (Attach Form(s) 706CE)                                  $0.00 xxxxxxxxxxxxxxxxxxxx
 17     Credit for tax on prior transfers (from Schedule Q)                                                         $0.00 xxxxxxxxxxxxxxxxxxxx
 18    Total (add lines 15, 16 & 17)                                                                     xxxxxxxxxxxxxx                  $0.00
 19    Net estate tax (subtr act line 18 fr om line 14)                                                  xxxxxxxxxxxxxx          $3,798,100.00
 20    Generation-skipping transfer taxes (from Schedule R, Part 2, ln10)                                xxxxxxxxxxxxxx                  $0.00
 21    Total transfer taxes (add lns 19 & 20)                                                            xxxxxxxxxxxxxx          $3,798,100.00
 22    Prior payments. Explain in an attached statement                                                             $0.00 xxxxxxxxxxxxxxxxxxxx
 23    United States Treasury bonds redeemed in payment of estate tax                                               $0.00 xxxxxxxxxxxxxxxxxxxx
 24    Total (add lines 22 & 23)                                                                         xxxxxxxxxxxxxx                  $0.00
 25    Balance due (or overpayment) (subtract line 24 from line 21)                                      xxxxxxxxxxxxxx          $3,798,100.00




                                                                                      -Page 2 of 25
                                                        Part 5
                                                     Recapitulation

Pt 5
Item
No.                            Gross Estate                       Alternate Value Value at DOD

        1   Sch A-Real Estate                                    N/A                       $0.00
        2   Sch B- Stocks & Bonds                                N/A                       $0.00
        3   Sch C-Mortgages, Notes, and Cash                     N/A                       $0.00
        4                                                        N/A
            Sch D-Insurance on the Decedent's Life (attach Forms 712)                      $0.00
        5                                                        N/A
            Sch E-Jointly Owned Prop. (attach Forms 712 for Life Ins)                      $0.00
        6                                                        N/A
            Sch F-Other Misc. Prop. (attach Forms 712 for Life Ins)                        $0.00
        7                                                        N/A
            Sch G-Transfers during life (attach Forms 712 for Life Ins)                    $0.00
        8   Sch H-Powers of Appointment                          N/A                       $0.00
        9   Sch I-Annuities                                      N/A                       $0.00

       10 Total gross estate (add items 1-9)                      N/A                      $0.00

       11 Sch U- Qualified Conservation Easement Exclusion
          Total GE less exclusion (subtract item 11 from item             $0.00            $0.00
          10). Enter here and on line 1 of the Tax
       12 Computation                                         N/A                          $0.00


                                 Deductions
       13   Sch J- Funeral exp & exp admin prop subj. to claims NA                         $0.00
       14   Sch K-Debts of the decedent                          NA                        $0.00
       15   Sch K- Mortgages & Liens                             NA                        $0.00
       16   Total of items 13-15                                 NA                        $0.00
            Allowable deductions from item 16 (see
       17   instructions for item 17 of the recapitulation)      NA                        $0.00
       18   Sch L- net losses during administration              NA                        $0.00
       19                                                        NA
            Sch L- expenses in administering prop not subj to claims                       $0.00
       20   Sch M Bequests, etc, to surviving spouse             NA                        $0.00
       21   Sch O-Charitable, Public, and Similar Gifts and Bequests                       $0.00
       22                                                        NA
            Sch T-Qualified Family-Owned Business Interest Deduction                       $0.00

          Total allowable deductions (add items 17-22).
       23 Enter here and on line 2 of the Tax Computation.                                 $0.00




            Real Property (See Schedule A attached, if any)               $0.00
            Stocks and Bonds (See Schedule B attached, if any)            $0.00
            Mortgages, Notes and Cash (See Schedule C attached, if any) $0.00
                                                                          $0.00
            Insurance Payable to the Estate (See Schedule D attached, if any)
            Jointly Owned Property (See Schedule E attached, if any)      $0.00
            Miscellaneous Property (See Schedule F)                       $0.00
            Annuities (See Schedule I attached, if any)                   $0.00
            Total                                                         $0.00 computed




                                                         Page 3                         Printed on 8/12/2011 at 4:20 PM
  Estate of Last Name

              Schedule A-Real Estate

                                                             DOD Value            $0.00
                                         Alternate Valuation Date Value N/A
                                 Is the alternate valuation date relevant n
                                                            Date of Death      1/1/1904

Schedule A Real Estate.
For Jointly owned property that must be disclosed on Schedule E, see the instruction for Sch E.)
Real est that is part of a sole proprietorship should be shown on Schedule F.
Real est. that is incl in gross est under §§2035, 2036, 2037 or 2038 should be
shown on Schedule G. Real est that is included in the gross est under §2041 should be shown on Sch H.)
(If you elected 2032A valuation, you must complete Sch A & A-1.)


                                                              Alternate
                                                             Valuation
Item No.      Description                                       Date      Alternate Value Value at DOD
                                                            N/A
              House and Lot Situated in Tarrant County,
              Texas, being Lot 3, Blk 19, Sylvan Heights,
            1 Fort Worth, Tarrant County, Texas.                          NA              N/A
            2
            3
            4
            5
            6
            7
            8
            9
           10
           11
           12
           13
           14
              Total form continuation schs. Attached to
              this Sch.                                                  N/A              N/A
                                                                   Total N/A                     $0.00

              Comments:
              Attach Ad Valorem Tax
              values and MAI appraisal
own on Sch H.)




                 Comments
 Estate of Last Name

           Schedule B-Stocks & Bonds

                                                    DOD Value       $0.00
                               Alternate Valuation Date Value N/A
                       Is the alternate valuation date relevant n
                                            Date of Death         1/1/1904

           (For jointly owned property that must be disclosed on sch E, see the inst. for sch E.)

           Description incldg face amt of bonds or no. of shares & par value where needed for identification
           Give CUSIP no. if available
           If not listed give exact name, Post Office address, state of incorp and date of incorp.

           For Close Corps submit complete financial & other data used to determine value, incldg balance sheets
           nearest valuation date and stmnts of net earnings or operating results & dividends pd for each of the 5 yrs
           before the valuation date. IRS may want list of stockholders w/ rel holdings.

           If not listed on an exchange, state no. of shares, whether common or preferred, the issue, par value,
           and the price per share. If traded, list principal exchange.

           Description of bonds should include, quantity, denomination, name of obligor, kind of bond,
           date of maturity, rate of interest and interest due dates, and exchange on which bond is listed.
           If bond is not listed, give principal business office.

           See examples showing use of schedule B, set forth in the 706 instructions.




           Description incldg face amt of
           bonds or no. of shares & par                                                      Alternate
           value where needed for                                                           Valuation
Item No.   identification                                        Unit Value   No. of Units     Date
                                            CUSIP number                                   N/A




                                                         Total
d for identification



e, incldg balance sheets
nds pd for each of the 5 yrs


, the issue, par value,



h bond is listed.




                    Alternate   Value at
                     Value      DOD            Comments




                N/A                    $0.00
 Estate of Last Name

           Schedule C-Mortgages, Notes and Cash

                            DOD Value        $0.00
        Alternate Valuation Date Value N/A
Is the alternate valuation date relevant n
                           Date of Death   1/1/1904

           (For jointly owned property that must be disclosed on sch E, see the inst. for sch E.)

                                                                     Alternate
                                                                    Valuation       Alternate   Value at
Item No.   Description                  Unit Value    No. of Units     Date          Value      DOD
                                                                   N/A




                                Total                                             N/A                  $0.00
Comments
Estate of Last Name

           Schedule D-Insurance on the Decedent's Life

                            DOD Value        $0.00
        Alternate Valuation Date Value N/A
Is the alternate valuation date relevant n
                             Date of Death 1/1/1904

           You must list all policies on the life of the decedent and attach a Form 712 for each policy.

                                         Alternate
                                         Valuation    Alternate Value at
Item No. Description                       Date        Value DOD             Comments
                                         N/A




                                 Total                N/A            $0.00
                Estate of Last Name

                           Schedule E-Jointly Owned Property

                                                                                        DOD Value        $0.00
                                                                    Alternate Valuation Date Value N/A
                                                            Is the alternate valuation date relevant n
                                                                                      Date of Death    1/1/1904

               Part 1.-Qualified Joint Interests-Interests held by the decedent & his or her spouse as the only jo
                           (See 2040(b)(2))

                                                                                     Alternate
                                                                                     Valuation         Alternate
                Item No. Description. For securities, give CUSIP no., if Available     Date             Value        Value at DOD
                                                                                   N/A




       1a                                                                  Total                 1a N/A                      $0.00
       1b                                  Amts. Included in GE (1/2 of line 1a)                 1b N/A                      $0.00

               PART 2.-All other Joint Interests.
               2a State the name & address of each surviving co-tenant.
               If there are more than 3 surviving co-tenants, list the additional co-tneants on an attached sheet.

                           Name                                                       Address (number and street, city, state, and ZIP code)
               A.
               B.
               C.

               Enter
               letter for Description (Including alt. val. Date if any) For           Percentage    Includible Alt   Includible Val
Item No.       co-tenant secruitiies, give CUSIP no.                                  Includible    Val              at Death




       2b                                               Total Other Joint Interests                 N/A                      $0.00
                           Total Includible Joint Interests (add lines 1b and 2b).
           3               Also enter on Part 5, Recapitulation, page 3, at item 5                  N/A                    $0.00
r spouse as the only joint tenants



              Comments




ty, state, and ZIP code)
 Estate of Last Name

             Schedule F-Misc. Prop.Not Reportable on any Other Schedule

                                                                           DOD Value               $0.00
                                                       Alternate Valuation Date Value N/A
                                               Is the alternate valuation date relevant n
                                                                            Date of Death        1/1/1904

                                                                               YES        NO
             Did the decedent at the time of his death own any articles
             of artistic or collectible value whose combined at date of
             death exceeded $10,000. If "Yes," submit full details on this
           1 schedule.
             Has the d's estate, spouse, or any other person, red'd (or
             will receive) any bonus or award as a result of the d's
             employment or death? If "Yes," submit full details on this
           2 schedule.
             Did the d at athe time of death have, or have access to, a
             ssafe deposit box? If "Yes," state location, & if held in joint
             names of d and another, state name and relationship of
             joint depositor. If any of the contents of the safe deposit box
             are omitted from the schedules in this return, explain fully
           3 why omitted.




                                                                               Alternate
                                                                               Valuation
Item No.     Description. For Securities give CUSIP No.                          Date    Alternate Value
                                                                               N/A
        1
        2
        3
        4
        5
        6
        7
        8
        9
       10
       11
       12
       13
       14
             Total form continuation schs. Attached to this Sch.                           N/A
                                                                                     Total N/A
Schedule




           Value at DOD    Comments




           N/A
                   $0.00
 Estate of Last Name

            Schedule G-Transfers During Decedent's Life
            (If you elect section 2032A valuation, you must complete Sch G & Sch A-1.)

                                                                      DOD Value            $0.00
                                                  Alternate Valuation Date Value N/A
                                          Is the alternate valuation date relevant n
                                                                       Date of Death     1/1/1904


                                                                        Alternate
                                                                        Valuation
Item No.    Description. For Securities give CUSIP No.                    Date    Alternate Value
                                                                        N/A
            Gift tax paid by the decedent or the estate for all gifts
            made by the d or his or her spouse w/in 3 yrs. Before the
A.          d's death (section 2035(b)).                                          N/A
B.          Transfers includible under section 2035(a), 2036-2038                 N/A
        1
        2
        3
        4
        5
        6
        7
        8
        9
       10
       11
       12
            Total form continuation schs. Attached to this Sch.                   N/A
                                                                            Total N/A
 Value at DOD    Comments




N/A
         $0.00
 Estate of Last Name

            Schedule H-Powers of Appointment
            (Include "5&5 lapsing" powers (2041(b)(2)) held by the decedent.)

                                                            DOD Value        $0.00
                                        Alternate Valuation Date Value N/A
                                Is the alternate valuation date relevant n
                                                             Date of Death 1/1/1904


                                                             Alternate
                                                             Valuation   Alternate
Item No.    Description. For Securities give CUSIP No.         Date       Value        Value at DOD
                                                             N/A
        1
        2
        3
        4
        5
        6
        7
        8
        9
       10
       11
       12
       13
       14
            Total form continuation schs. Attached to this
            Sch.                                                       N/A            N/A
                                                                 Total N/A                     $0.00
Comments
 Estate of Last Name

            Schedule I-Annuities

                                                                   DOD Value      $0.00
                                               Alternate Valuation Date Value N/A
                                       Is the alternate valuation date relevant n
                                                                 Date of Death 1/1/1904

                                                                  YES           NO

            Are you excluding from the gross estate the value
            of a lump-sum distribution described in 2039)f)(2)?
            If "Yes'" you must attach the information required
            by the instructions. Note: Generally, no exclusion
            is allowed for the estates of ds dying after
A           December 31, 1984 (see p. 15 of instr.).

                                                                    Alternate   Includible Includible
            Description. Show the entire value of the anuity        Valuation   Alternate Value at
Item No.    before any exclusions.                                    Date        Value      DOD
                                                                  N/A
        1
        2
        3
        4
        5
        6
        7
        8
        9
       10
       11
       12
       13
       14
            Total form continuation schs. Attached to this Sch.                 N/A       N/A
                                                                          Total N/A             $0.00
Comments
                                                                                                                       Schedule R
                                                                                                                        Form 706




Schedule R-Gener ation Skipping Tr ansfer Tax

        Note: To avoid application of the deemed allocation rules . . .



PART 1- GST Reconciliation (§2631) and §2652(a)(3) (Special QTI P) Election

You no longer need to check a box to make a §2652(a)(3) (special QTIP) election. If you list qualifying property
in Part 1, line 9, below, you will be considered to have made this election. See p. 19 of the separate instructions.

1              Maximum alllowable GST Exemption                                                                              =B14                                                    1000000

=B14+1         Total GST exemption allocated by the decedent against d's lifetime transfers                                  =B15                                                    1000000

=B15+1         Total GST exemption allocated by the executor, using form 709, against decedent's lifetime transfers          =B16                                                    0
=B16+1         GST exemption allocated on line 6 of sch R, Part 2                                                            =B17                                                    =E54
=B17+1         GST exemption allocated on line 6 of sch R, Part 3                                                            =B18                                                    =E76
=B18+1         Total GST exemption allocated on line 4 of Sch R-1                                                            =B19                                                    ='R-1'!E33

=B19+1         Total GST exemption allocated to intervivos transfers & direct skips (add lines 2-6)                          =B20                                                    =SUM(E15:E19)

=B20+1         GST exemption available to allocate to trusts and §2032A interests (subtract line 7 from line 1)              =B21                                                    =E14-E20

=B21+1         Allocation of GST exemption to trusts (as defined for GST tax purposes):                                      =B22                                                          ---------------------------

                                                                      A                                                                                B                                               C                                D



                                                                                                                                                                                                                            Additional GST
                                                                                                                                                                                     GST exemption allocated on lines 2- exemption allocated (see
                                                              Name of Tr ust                                                                     Tr ust's EI N                           6 above (see instructions)           instructions)




           9D Total. May not exceed line 8, above.                                                                           =B32                                                    =SUM(E26:E31)


               GST exemption available to allocate to 2032A interests rec'd by individual beneficiaries. (subtract 9D
10             from line 8). You must attach special use allocation schedule (see instructions)                              =B33                                                    =E21-E32


               (The instructions to Sch R are in the separate instructions.)


PART 2- Dir ect Skips Wher e the Pr oper ty I nter ests Tr ansfer r ed Bear the GST Tax on the Dir ect Skips



                                                           Name of Skip Per son                                                Descr iption of pr oper ty inter est tr ansfer r ed             Estate Tax Value




1              Total estate tax values of all property interests listed above                                                =B49                                                    =SUM (E41:E48)

=1+B49         Estate taxes, state death taxes, and other charges borne by the property interests listed above.              =B50                                                    0

               GST taxes borne by the property interests listed above but imposed on direct skips other than those shown
=1+B50         on this Part 2 (see instructions)                                                                         =B51                                                        0
=1+B51         Total fixed taxes and other charges add lines 2 & 3                                                       =B52                                                        =E50+E51

=1+B52         Total tentative maximum direct skips. (subtract line 4 from line 1)                                           =B53                                                    =E49-E52
=1+B53         GST exemption allocated                                                                                       =B54                                                    0
=1+B54         Subtract line 6 from line 5                                                                                   =B55                                                    =E53-E54
=1+B55         GST tax due (divide line 7 by 2.818182)                                                                       =B56                                                    =E55/2.818182
=1+B56         Enter the amount from line 8 of Sch R, Part 3                                                                 =B57                                                    0

               Total GST taxes payable by the estate. (Add lines 8 & 9). Enter here and on line 20 of the Tax
=1+B57         Computation Page                                                                                              =B58                                                    =E56+E57


PART 3- Dir ect Skips Wher e the Pr oper ty I nter ests Tr ansfer r ed DO NOT Bear the GST Tax on the Dir ect Skips



                                                           Name of Skip Per son                                                Descr iption of pr oper ty inter est tr ansfer r ed             Estate Tax Value




1              Total estate tax values of all property interests listed above                                                =B71                                                    =SUM (E64:E70)

=1+B71         Estate taxes, state death taxes, and other charges borne by the property interests listed above.              =B72                                                    0

               GST taxes borne by the property interests listed above but imposed on direct skips other than those shown
=1+B72         on this Part 3 (see instructions)                                                                         =B73                                                        0
=1+B73         Total fixed taxes and other charges add lines 2 & 3                                                       =B74                                                        =E72+E73

=1+B74         Total tentative maximum direct skips. (subtract line 4 from line 1)                                           =B75                                                    =E71-E74




                                                                                                                        Page 21                                                                                          Printed on 8/12/2011 at 4:20 PM
                                                                                     Schedule R
                                                                                      Form 706




=1+B75   GST exemption allocated                                                           =B76   0
=1+B76   Subtract line 6 from line 5                                                       =B77   =E75-E76

=1+B77   GST tax due multiply line 7 by .55) Enter here & on Sch R, Part 2, Line 9         =B78   =E77*0.55




                                                                                      Page 22                 Printed on 8/12/2011 at 4:20 PM
         Sch R-1 Generation-Skipping Transfer Tax
         Direct Skips From a Trust
         Payment Voucher




1

=B30+1

=B31+1
=B32+1
=B33+1




=B34+1
Sch R-1 Generation-Skipping Transfer Tax
Direct Skips From a Trust
Payment Voucher




Part 1. --Computation of the GST Tax on the Direct Skip


Description of property interests subject to the direct skip




Total estate tax value of all property interests listed above                                              =B30

Estate taxes, state death taxes, and other charges borne by the property interests listed above.           =B31

Tenative maximum direct skikp from trust (subtract line 2 from line 1)                                     =B32
GST exemption allocated                                                                                    =B33
Subtract line 4 from line 3                                                                                =B34

Will property will bear the GST tax? Enter "y" or "n"


GST tax due from fiduciary (divide line 5 by 2.81818182) (See instructions if property will not bear the
GST tax) [If prop will not bear GST Tax mult line 5! By .55]                                               =B36
Estate Tax Value




=SUM(E22:E29)

0

=E30-E31
0
=E32-E33

              y



=IF(E35="n",0.55*E34,E34/2.818182)

				
DOCUMENT INFO
Description: Taxable Gross Estate Decedent document sample