Form 706 - United States Estate (And Generation-Skipping Transfer) Tax Return Page 41
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41Form 706 (Rev. 8-93)
Instructions for Continuation
Schedule
The Continuation Schedule on page 40 provides a
To continue Schedule E, Part 2, you should enter the
uniform format for listing additional assets from
Percentage includible in the Alternate valuation date
Schedules A, B, C, D, E, F, G, H, and I and additional
column of the Continuation Schedule.
deductions from Schedules J, K, L, M, and O. Use the
To continue Schedule K, you should use the
Continuation Schedule when you need to list more
Alternate valuation date and Alternate value columns of
assets or deductions than you have room for on one of
the Continuation Schedule as Amount unpaid to date
the main schedules.
and Amount in contest columns, respectively.
Use a separate Continuation Schedule for each main
To continue Schedules J, L, and M, you should use
schedule you are continuing. For each schedule of
the Alternate valuation date and Alternate value
Form 706, you may use as many Continuation
columns of the Continuation Schedule to continue your
Schedules as needed to list all the assets or
description of the deductions. You should enter the
deductions to be reported. Do not combine assets or
amount of each deduction in the amount deductible
deductions from different schedules on one
column of the Continuation Schedule.
Continuation Schedule. Because there is only one
To continue Schedule O, you should use the space
Continuation Schedule in this package, you should
under the Alternate valuation date and Alternate value
make copies of the schedule before completing it if
columns of the Continuation Schedule to provide the
you expect to need more than one.
Character of institution information required on
Enter the letter of the schedule you are continuing in
Schedule O. You should enter the amount of each
the space provided at the top of the Continuation
deduction in the amount deductible column of the
Schedule. Complete the rest of the Continuation
Continuation Schedule.
Schedule as explained in the instructions for the
Carry the total from the Continuation Schedule(s)
schedule you are continuing. Use the Unit value
forward to the appropriate line of the main schedule.
column only if you are continuing Schedules B, E, or
G. For all other schedules, you may use the space
under the Unit value column to continue your
description.
Continuation Schedule—Page 41
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