Form M-706 - Massachusetts Estate Tax Return - 2016 Page 4
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5FORM M-706, PAGE 4
Name of decedent
Date of death (mm/dd/yyyy)
Social Security number
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Part 6. Total allowable deductions.
Schedule references are to the schedules of the U.S. Form 706 with a revision date of July
1999 which must be completed and submitted with this return whether or not a current federal estate tax return, U.S. Form 706, is required to be filed.
01 Schedule J: Funeral expenses and expenses incurred in administering property subject to claims . . . . . . . . . . . . . . . . . . 1
02 Schedule K: Debts of the decedent . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2
03 Schedule K: Mortgages and liens . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3
04 Add lines 1 through 3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
05 Amount of allowable deduction from line 4 (see IRC Section 2053(c)) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5
06 Schedule L: Net losses during administration . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6
07 Schedule L: Expenses incurred in administering property not subject to claims . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7
08 Schedule M: Bequests, etc. to surviving spouse. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8
09 Schedule O: Charitable, public and similar gifts and bequests. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9
10 Schedule T: Qualified family-owned business interest deduction. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10
11 Total allowable deductions (add lines 5 through 10). Enter here and on line 2 of Part 1, Tentative Massachusetts
estate tax . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11
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