Instructions For Form 706 - United States Estate (And Generation-Skipping Transfer) Tax Return - 2011 Page 40

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acquisition and the incurrence of the
Schedules A through I and additional
Use as many Continuation
indebtedness was reasonably
Schedules as needed to list all the
deductions from Schedules J, K, L, M,
foreseeable at the time of the
and O.
assets or deductions.
acquisition; and
Enter the letter of the schedule you
The extension, renewal, or
Please remember to:
are continuing in the space at the top of
refinancing of acquisition indebtedness.
the Continuation Schedule.
Use a separate Continuation
Continuation Schedule
Schedule for each main schedule you
Use the Unit value column only if
are continuing. Do not combine assets
continuing Schedule B, E, or G. For all
When you need to list more assets or
or deductions from different schedules
other schedules, use this space to
deductions than you have room for on
on one Continuation Schedule.
continue the description.
one of the main schedules, use the
Make copies of the blank schedule
Carry the total from the Continuation
Continuation Schedule at the end of
before completing it if you expect to
Form 706. It provides a uniform format
Schedules forward to the appropriate
for listing additional assets from
need more than one.
line on the main schedule.
If continuing
Report
Where on Continuation Schedule
Schedule E, Pt. 2
Percentage includible
Alternate valuation date
Schedule K
Amount unpaid to date
Alternate valuation date
Schedule K
Amount in contest
Alternate value
Schedules J, L, M
Description of deduction continuation
Alternate valuation date and Alternate value
Schedule O
Character of institution
Alternate valuation date and Alternate value
Schedule O
Amount of each deduction
Amount deductible
-40-
Instructions for Schedules

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