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page 1, enter the remaining trustee's

rural property, report the township, range,

trading day before and the nearest trading

information on lines 2a, b, and c.

landmarks, etc.

day after the valuation date. Both trading

days must be reasonably close to the

Line 1b. All trusts filing Form 706-QDT

Stocks and bonds.— For stocks

valuation date.

must have an EIN. A trust that does not

indicate:

have an EIN should apply for one on

2. Prorate the difference between the

Number of shares

mean prices to the valuation date.

Form SS-4, Application for Employer

Whether common or preferred

Identification Number. You may obtain

3. Add or subtract (whichever

this form from most IRS and Social

applies).

Issue

Security Administration offices. Send the

See the instructions for Schedule B of

Par value where needed for valuation

completed Form SS-4 to the same

Form 706 for additional information on

Price per share

Internal Revenue Service Center where

valuing stocks and bonds.

Form 706-QDT will be filed. If the EIN has

Exact name of corporation

Column (d)

not been received by the filing time for

Principal exchange upon which sold, if

Form 706-QDT, write “Applied for” on line

Distributions to the surviving spouse on

listed on an exchange

1b.

account of hardship are exempt from the

CUSIP number.

Line 2a. You must enter on this line

QDOT tax. Enter in column (d) the

either the name of an individual trustee

For bonds indicate:

amount of any distribution for which the

who is a U.S. citizen or a trustee that is

hardship exemption is being claimed. Do

Quantity and denomination

a domestic corporation. If there is more

not enter any amount here that has not

Name of obligor

than one trustee, enter the one to be

been included in the amount listed in

contacted by the IRS. List the names of

column (c). Also, if the surviving spouse

Date of maturity

all additional trustees on a sheet of paper

is the beneficiary of more than one

Interest rate

attached to this return. Include the SSN

QDOT, you may not claim the hardship

Interest due date

or EIN of all U.S. citizens or domestic

exemption unless the decedent's executor

corporations.

Principal exchange if listed on an

selected a designated filer as explained

exchange

Line 2b. Enter the SSN or EIN, as

on page 1.

applicable, of the trustee listed on line 2a.

CUSIP number.

Part IV. Taxable Property in Trust

Part II. Taxable Distributions From

If the stock or bond is unlisted, show

at Death of Surviving Spouse

the company's principal business office.

Prior Years

You must report in Part IV all property

The CUSIP (Committee on Uniform

Enter here the total of all taxable

remaining in the QDOT on the date of

Security Identification Procedure) number

distributions that were or should have

death of the surviving spouse (or the date

is a nine-digit number that is assigned to

been reported on previously filed Forms

the trust failed to qualify as a QDOT, if

all stocks and bonds traded on major

706-QDT.

applicable). This includes both corpus

exchanges and many unlisted securities.

and undistributed income.

Usually the CUSIP number is printed on

Part III. Current Taxable

Interest accrued to the date of the

the face of the stock certificate. If the

Distributions

surviving spouse's death on bonds, notes,

CUSIP number is not printed on the

and other interest bearing obligations is

Enter here the total amount of corpus

certificate, it may be obtained through the

property of the QDOT on the date of

distributed during the calendar year or

company's transfer agent.

death. Rent accrued to the date of the

other period covered by this return and

Other personal property. Any

surviving spouse's death on leased real

before the date of death of the surviving

personal property distributed must be

and personal property is property of the

spouse. Include as a distribution on this

described in enough detail that its value

QDOT on the date of death.

line any QDOT estate tax paid during the

can be ascertained by the IRS.

calendar year out of the QDOT. Include

Outstanding dividends that were

all distributions even if the hardship

declared to stockholders of record on or

Column (c)

exemption is being claimed.

before the date of the surviving spouse's

The value of a distribution is its fair market

death are considered property of the

Also include as distributions in this part

value on the date of distribution. Fair

QDOT on the date of death. Ordinary

any reportable payments to the surviving

market value is the price at which the

dividends declared to stockholders of

spouse from nonassignable annuities and

property would change hands between a

record after the date of the surviving

other arrangements when the executor

willing buyer and a willing seller, when

spouse's death are not property of the

has filed with the estate tax return for the

neither is forced to buy or to sell, and both

QDOT on the date of death. However, if

decedent's estate an agreement to pay

have reasonable knowledge of all the

you have elected alternate valuation on

section 2056A estate tax on such

relevant facts. Fair market value may not

line 1 of Part II, page 1, and dividends are

distributions. For details, see Regulations

be determined by a forced sale price, nor

declared to stockholders of record after

section 20.2056A-4(c).

by the sale price of the item in a market

the date of the surviving spouse's death

other than that in which the item is most

Column (a)

so that the shares of stock at the later

commonly sold to the public. The location

valuation date do not reasonably

The date of distribution is the date on

of the item must be taken into account

represent the same property at the date

which the title to the distributed property

whenever relevant.

of the surviving spouse's death, include

passed from the trustee to the surviving

Stocks and bonds. The fair market

those dividends (except dividends paid

spouse.

value of a stock or bond (whether listed

from earnings of the corporation after the

or unlisted) is the mean between the

Column (b)

date of the surviving spouse's death) in

highest and lowest selling prices quoted

the alternate valuation.

Include in the description the name of the

on the valuation date. If only the closing

individual(s) to whom the distribution was

If there is not enough space to list all

selling prices are available, then the fair

made.

of the property, attach additional sheets

market value is the mean between the

of the same size, using the same format

Real estate. Describe the real estate

quoted closing selling price on the

as Part IV.

in enough detail so that the IRS can easily

valuation date and on the trading day

locate it for inspection and valuation. For

before the valuation date. To figure the

Column (a)

each parcel of real estate report the

fair market value if there were no sales

Assign a separate item number to each

location and, if the parcel is improved,

on the valuation date:

separate type of property. For example,

describe the improvements. For city or

1. Find the mean between the highest

you can include under a single item

town property, report the street number,

and lowest selling prices on the nearest

number all stock of the same issuer and

ward, subdivision, block and lot, etc. For

Page 4

Instructions For Form 706-Qdt - U.s. Estate Tax Return For Qualified Domestic Trusts - Internal Revenue Service - 2000 Page 4

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