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and Switzerland contained provisions to

Philadelphia, PA 19255 within 30 days of

enter the total GST tax from Schedule R

which section 2102(c)(3)(A) applies.)

receiving any refund of state taxes.

on line 15.

Line 11. Use line 11 to enter the

For details, see Regulations section

Any amount previously allowed as

following credits:

26.2663-2.

a unified credit against the gift tax

Credit for Federal gift taxes. See

Lines 17–18. Attach an explanatory

will reduce, dollar for dollar, the

CAUTION

sections 2102 and 2012. Attach

statement if earlier payments were made

unified credit allowed the estate (section

computation of credit.

to the Internal Revenue Service or if

2102(c)(3)(B)).

payment is made by certain U.S. Treasury

Canadian marital credit. In addition to

Line 9. You may take a credit for part of

bonds that were issued before March 4,

the unified credit, a nonrefundable marital

the death or inheritance taxes you paid to

1971, and redeemed at any Federal

credit may be allowed if all applicable

a state or the District of Columbia on

Reserve bank, the office of the Treasurer

elections are made. The credit amount is

property listed in Schedule A. Generally,

of the United States, or the Bureau of

generally limited to the lesser of:

you must claim this credit within 4 years

Public Debt. For details, see Rev. Proc.

1. The unified credit allowed to the

of filing the return. To find your allowed

69-18, 1969-2 C.B. 300.

estate (before reduction for any gift tax

credit, use Table B in the Form 706

Line 20. Pay the balance due within 9

unified credit), and

instructions to figure the supposed credit

months after the decedent's death unless

2. The amount of estate tax that would

that would be allowable on the entire line

an extension of time to pay was granted.

otherwise be imposed by the United

1 amount (reduced by $60,000). Your

In that case, attach a copy of the

States on the transfer of qualifying

allowed credit cannot be more than this

approved Form 4768 to Form 706-NA.

property to the surviving spouse.

supposed credit multiplied by a fraction.

Make the check or money order payable

The numerator of the fraction is the value

See the Canadian income tax treaty

to the “United States Treasury” for the

of the property you include in Schedule A

protocol for details on computing the

face value in U.S. dollars.

and on which you paid the state tax, and

credit. Also, attach a computation of the

Signature. Form 706-NA must be

the denominator is the value of all the

credit and on the dotted line to the left of

signed. Each executor must verify and

property you report in Schedule A. Enter

the line 11 entry, write “Canadian marital

sign it. If another person prepares Form

on line 9 the smaller of this amount or the

credit.”

706-NA for the executor, the preparer

taxes you actually paid.

Line 15. If you answered “Yes” to

must also sign. The executor may use

For the credit to be allowed, you must

Question 11 of Part III, you must complete

Form 2848, Power of Attorney and

file a certificate signed by the appropriate

and attach Schedules R and/or R-1 from

Declaration of Representative, to

official of the taxing state. The certificate

Form 706.

authorize another person to act for him

should show the total tax charged; any

For the purposes of Form 706-NA, the

or her before the Internal Revenue

discount allowed; any penalties and

GST tax is imposed only on transfers of

Service.

interest imposed; the tax actually paid;

interests in property that are part of the

and each payment date. If possible,

gross estate in the United States.

attach the certificate to this return;

Therefore, when completing Schedules R

Paperwork Reduction Act Notice. We

otherwise, please file it as soon as

and/or R-1, you should enter only

ask for the information on this form to

possible. See Regulations section

transfers of interests in property that you

carry out the Internal Revenue laws of the

20.2011-1(c)(2) for more information

listed on Schedule A of Form 706-NA.

United States. You are required to give

about the certificate.

Otherwise, complete Schedules R and/or

us the information. We need it to ensure

If you later recover any of the state tax

R-1 according to their instructions and

that you are complying with these laws

for which you claim this credit, notify the

and to allow us to figure and collect the

Internal Revenue Service Center,

right amount of tax.

You are not required to provide the

Worksheet for Line 4—

(Use only if line 3 of Part II exceeds

information requested on a form that is

$10 million.)

subject to the Paperwork Reduction Act

unless the form displays a valid OMB

$7,184,000

Factor for graduated rates

control number. Books or records relating

Enter the amount from line 3, Part II of Form 706-NA

to a form or its instructions must be

10,000,000

Threshold amount

retained as long as their contents may

become material in the administration of

Subtract line 3 from line 2

any Internal Revenue law. Generally, tax

Enter the smaller of line 1 or line 4

returns and return information are

Multiply line 5 by .05

confidential as required by section 6103.

Figure the tax on the amount from line 2. Use the Tax

The time needed to complete and file

Table on page 3

this form will vary depending on individual

Add lines 6 and 7. Enter the result here and on line 4, Part

circumstances. The estimated average

time is:

II of Form 706-NA

Recordkeeping ......................... 1 hr., 38 min.

Worksheet for Line 5—

(Use only if line 2 of Part II exceeds

Learning about the law or

$10 million.)

the form ....................................

41 min.

$7,184,000

Factor for graduated rates

Preparing the form .................. 1 hr., 58 min.

Enter the amount from line 2, Part II of Form 706-NA

Copying, assembling, and

sending the form to the IRS ...

55 min.

10,000,000

Threshold amount

Subtract line 3 from line 2

If you have comments concerning the

accuracy of these time estimates or

Enter the smaller of line 1 or line 4

suggestions for making this form simpler,

Multiply line 5 by .05

we would be happy to hear from you. You

Figure the tax on the amount from line 2. Use the Tax

can write to the Tax Forms Committee,

Table on page 3

Western Area Distribution Center, Rancho

Cordova, CA 95743–0001. DO NOT send

Add lines 6 and 7. Enter the result here and on line 5, Part

the tax form to this address. Instead, see

II of Form 706-NA

Where To File on page 1.

Page 4

Instructions For Form 706-Na - United States Estate (And Generation-Skipping Transfer) Tax Return - 1999 Page 4

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