Instructions For Form 706-Gs(D) - (Rev. February 2011) Page 3
ADVERTISEMENT
1
2
3instructions must be retained as long
$10,000
Privacy Act and Paperwork
200 = 33.33
.25 = 8 (rounded)
as their contents may become
Reduction Act Notice. We ask for
$60,000
material in the administration of any
the information on this form to carry
$20,000
200 = 66.67
.33 = 22 (rounded)
Internal Revenue law. Generally, tax
out the Internal Revenue laws of the
$60,000
returns and return information are
United States. We need it to figure
$30,000
confidential, as required by section
200 = 100
.50
= 50
and collect the right amount of tax.
$60,000
6103.
Subtitle B, Estate and Gift Taxes, of
Adjusted allowable expense
= 80
the Internal Revenue Code imposes a
The time needed to complete and
tax on certain distributions from a
file this form will vary depending on
Line 6
trust to a skip person; section 6109
individual circumstances. The
Enter, using the table below, the
requires you to provide your
average estimated time is:
applicable rate in effect at the time
identification number. This form is
the generation-skipping distribution
used to determine the amount of the
Recordkeeping . . . . . . . .
6 min.
occurred.
taxes that you owe. Failure to provide
Learning about the law or
this information in a timely manner, or
Table of Maximum Tax Rates
the form . . . . . . . . . . . . . .
13 min.
providing false or fraudulent
information, may subject you to
Preparing the form . . . . .
18 min.
penalties. We may disclose this
The
Copying, assembling,
information to the Department of
If the generation-skipping maximum
and sending the form to
Justice for civil and criminal litigation,
transfer occurred . . . . . . tax rate is
and to cities, states, the District of
the IRS . . . . . . . . . . . . . . .
20 min.
Columbia, and U.S. commonwealths
After December 31, 2002,
49%
If you have comments concerning
and possessions for use in
but before January 1, 2004
the accuracy of these estimates or
administering their tax laws. We may
suggestions for making this form
also disclose this information to other
After December 31, 2003,
48%
simpler, we would be happy to hear
but before January 1, 2005
countries under a tax treaty, to
from you. You can write to the
federal and state agencies to enforce
Internal Revenue Service, Tax
After December 31, 2004,
47%
federal nontax criminal laws, or to
Products Coordinating Committee,
but before January 1, 2006
federal law enforcement and
SE:W:CAR:MP:T:T:SP, 1111
intelligence agencies to combat
Constitution Ave. NW, IR-6526,
After December 31, 2005,
46%
terrorism.
Washington, DC 20224. Do not send
but before January 1, 2007
You are not required to provide the
the form to this address. Instead, see
information requested on a form that
Where To File.
After December 31, 2006,
45%
is subject to the Paperwork Reduction
but before January 1, 2010
Act unless the form displays a valid
OMB control number. Books or
After December 31, 2009,
0%
records relating to a form or its
but before January 1, 2011
After December 31, 2010,
35%
but before January 1, 2013
Line 9
Make your check payable to the
“United States Treasury.” Please
write your SSN (or EIN), the year,
and “Form 706-GS(D)” on the check
to assist us in posting it to the proper
account. Enclose, but do not attach,
the payment with Form 706-GS(D).
-3-
ADVERTISEMENT
0 votes
Related Articles
Related forms
Related Categories
Parent category: Financial