Form W706 - Schedule Tc - Estate Tax Computation Schedule A

Download a blank fillable Form W706 - Schedule Tc - Estate Tax Computation Schedule A in PDF format just by clicking the "DOWNLOAD PDF" button.

Open the file in any PDF-viewing software. Adobe Reader or any alternative for Windows or MacOS are required to access and complete fillable content.

Complete Form W706 - Schedule Tc - Estate Tax Computation Schedule A with your personal data - all interactive fields are highlighted in places where you should type, access drop-down lists or select multiple-choice options.

Some fillable PDF-files have the option of saving the completed form that contains your own data for later use or sending it out straight away.

ADVERTISEMENT

Form W706 – Schedule TC
Estate Tax Computation Schedule
A
For an estate of a resident decedent when the decedent’s date of death is
Estate of:
on or after January 1, 2005 and all property is taxable to Wisconsin
SS#
Column A
Column B
Column C
Column D
Column E
Column F
(1)
(1)
(1)
(1)
(1)
(1)
1) Line 1 of Part 2, Federal Form 706
(2)
(2)
(2)
(2)
(2)
(2)
2) Line 3a of Part 2, Federal Form 706
3)
Wisconsin State Death Tax Deduction
(3)(20A)
(3)(20B)
(3)(20C)
(3)(20D)
(3)(20E)
(line 20 from preceding column)
(4)
(4)
(4)
(4)
(4)
(4)
4) Subtract line (3) from line (2)
(5a)
(5a)
(5a)
(5a)
(5a)
(5a)
5a) Nontaxable insurance / pensions
(5b)
(5b)
(5b)
(5b)
(5b)
(5b)
b) Exemption
$
60,000
$
60,000
$
60,000
$
60,000
$
60,000
$
60,000
(5c)
60,000.00
(5c)
60,000.00
(5c)
60,000.00
(5c)
60,000.00
(5c)
60,000.00
(5c)
60,000.00
c) Add lines (5a) and (5b)
6) Adjusted taxable estate.
(6)
(6)
(6)
(6)
(6)
(6)
-60,000.00
-60,000.00
-60,000.00
-60,000.00
-60,000.00
-60,000.00
Subtract line (5c) from line (4)
7) Compute Wisconsin Estate Tax on
(7)
(7)
(7)
(7)
(7)
(7)
line (6) using Table B.
(8)
(8)
(8)
(8)
(8)
(8)
8) Percent of property in Wisconsin
100%
100%
100%
100%
100%
100%
(9)
(9)
(9)
(9)
(9)
(9)
9) Multiply line (7) by line (8)
10) Total of line 3a and line 4 of Part 2,
(10)
(10)
(10)
(10)
(10)
(10)
Federal Form 706
11)
Wisconsin State Death Tax Deduction
(11)(20A)
(11)(20B)
(11)(20C)
(11)(20D)
(11)(20E)
(line 20 from preceding column)
(12)
(12)
(12)
(12)
(12)
(12)
12) Subtract line (11) from line (10)
(13)
(13)
(13)
(13)
(13)
(13)
13) Nontaxable insurance / pensions
14) Taxable Amount
(14)
(14)
(14)
(14)
(14)
(14)
Subtract line (13) from line (12)
15) Compute tentative tax on line (14)
(15)
(15)
(15)
(15)
(15)
(15)
using Table A
(16a)
(16a)
(16a)
(16a)
(16a)
(16a)
16a) Line 7 of Part 2, Federal Form 706
(16b)
(16b)
(16b)
(16b)
(16b)
(16b)
b) Unified Credit as of 12-30-2000
$
220,550
$
220,550
$
220,550
$
220,550
$
220,550
$
220,550
(16c)
(16c)
(16c)
(16c)
(16c)
(16c)
220,550.00
220,550.00
220,550.00
220,550.00
220,550.00
220,550.00
c) Add lines (16a) and (16b)
(17)
-220,550.00
(17)
-220,550.00
(17)
-220,550.00
(17)
-220,550.00
(17)
-220,550.00
(17)
-220,550.00
17) Subtract line (16c) from line (15)
(18)
(18)
(18)
(18)
(18)
(18)
18) Percent of property in Wisconsin
100%
100%
100%
100%
100%
100%
-220,550.00
-220,550.00
-220,550.00
-220,550.00
-220,550.00
-220,550.00
(19)
(19)
(19)
(19)
(19)
(19)
19) Multiply line (17) by line (18)
20) WISCONSIN ESTATE TAX
(20A)
(20B)
(20C)
(20D)
(20E)
(20F)
(lesser of line (9) or (19), but not less
than 0) Enter amount from line 20F
on line 5 of Form W706
HT-006a (N. 12-05)
Wisconsin Department of Revenue

ADVERTISEMENT

00 votes

Related Articles

Related forms

Related Categories

Parent category: Financial
Go