Schedule M (Form 706) - Bequests To Surviving Spouse Part Ii-Property Interests That Are Subject To A Qtip Election

Download a blank fillable Schedule M (Form 706) - Bequests To Surviving Spouse Part Ii-Property Interests That Are Subject To A Qtip Election 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 Schedule M (Form 706) - Bequests To Surviving Spouse Part Ii-Property Interests That Are Subject To A Qtip Election 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

Reset Form
Estate of:
Schedule M – Bequests to Surviving Spouse
Part II – Property Interests That Are Subject to a QTIP Election
Election to Deduct Qualifi ed Terminable Interest Prop-
b. If less than the entire value of the trust (or other property)
erty Under O.R.C. Section 5731.15(B) – If a trust (or other
included in the gross estate is entered as a deduction
property) meets the requirements of qualifi ed terminable
under Schedule M, Part II, the estate shall be considered
interest property and
to have made an election only as to a fraction of the trust
(or other property). The numerator of this fraction is equal
a. The trust or other property is listed on Schedule M, Part
to the amount of the trust (or other property) deducted on
II, in whole or in part, then unless the executor specifi cally
Schedule M, Part II. The denominator is equal to the total
identifi es the trust (all or a fractional portion or percent-
value of the trust (or other property).
age) or other property to be excluded from the election,
the executor shall be deemed to have made an election
to have such trust (or other property) treated as qualifi ed
terminable interest property.
Description of Property Interests Passing to the Surviving Spouse
Item
Value
(describe portion of trust for which allocation is made)
Number
1.
Note: If you use a continuation page for Part II, be sure that it is clearly labeled as
Schedule M, Part II.
Total from continuation schedule(s)
Total value of Schedule M, Part II (also enter on Schedule L, line 2, page 16)
Schedule M, Part II

ADVERTISEMENT

00 votes

Related Articles

Related forms

Related Categories

Parent category: Financial
Go