Instructions For Form 706 - 2016 Page 51
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54If continuing
Report
Where on Continuation Schedule
Schedule E, Pt. 2
Percentage includible
Alternate valuation date
Schedules J, L, M
Continued description of deduction
Alternate valuation date and Alternate value
Schedule O
Character of institution
Alternate valuation date and Alternate value
Schedule O
Amount of each deduction
Amount deductible
Privacy Act and Paperwork Reduction Act Notice. We ask for the information on this form to carry out the Internal Revenue
laws of the United States. You are required to give us the information. We need it to ensure that you are complying with these
laws and to allow us to figure and collect the right amount of tax. Subtitle B and section 6109, and the regulations require you to
provide this information.
You are not required to provide the information requested on a form that is subject to the Paperwork Reduction Act unless
the form displays a valid OMB control number. Books or records relating to a form or its instructions must be retained as long
as their contents may become material in the administration of any Internal Revenue law. Generally, tax returns and return
information are confidential as required by section 6103. However, section 6103 allows or requires the Internal Revenue
Service to disclose information from this form in certain circumstances. For example, we may disclose information to the
Department of Justice for civil or criminal litigation, and to cities, states, the District of Columbia, and U.S. commonwealths or
possessions for use in administering their tax laws. We may also disclose this information to other countries under a tax treaty,
to federal and state agencies to enforce federal non-tax criminal laws, or to federal law enforcement and intelligence agencies
to combat terrorism. Failure to provide this information, or providing false information, may subject you to penalties.
The time needed to complete and file this form and related schedules will vary depending on individual circumstances. The
estimated average times are:
Learning about the law
Preparing the form
Copying, assembling, and sending
Form
Recordkeeping
or the form
the form to the IRS
706
1 hr., 25 min.
1 hr., 50 min.
3 hr., 42 min.
48 min.
Schedule A
- - - -
15 min.
12 min.
20 min.
Schedule A-1
33 min.
31 min.
1 hr., 15 min.
1 hr., 3 min.
Schedule B
19 min.
9 min.
16 min.
20 min.
Schedule C
19 min.
1 min.
13 min.
20 min.
Schedule D
6 min.
6 min.
13 min.
20 min.
Schedule E
39 min.
6 min.
36 min.
20 min.
Schedule F
26 min.
8 min.
18 min.
20 min.
Schedule G
26 min.
21 min.
12 min.
13 min.
Schedule H
26 min.
6 min.
12 min.
13 min.
Schedule I
13 min.
30 min.
15 min.
20 min.
Schedule J
26 min.
6 min.
16 min.
20 min.
Schedule K
13 min.
9 min.
18 min.
20 min.
Schedule L
13 min.
4 min.
15 min.
20 min.
Schedule M
13 min.
34 min.
25 min.
20 min.
Schedule O
19 min.
12 min.
21 min.
20 min.
Schedule P
6 min.
15 min.
18 min.
13 min.
Schedule Q
- - - -
12 min.
15 min.
13 min.
Worksheet for Schedule Q
6 min.
6 min.
58 min.
20 min.
Schedule R
19 min.
45 min.
1 hr., 10 min.
48 min.
Schedule R-1
6 min.
46 min.
35 min.
20 min.
Schedule U
19 min.
26 min.
29 min.
20 min.
Schedule PC
- - - -
2 min.
12 min.
20 min.
Continuation Schedule
19 min.
1 min.
13 min.
20 min.
If you have comments concerning the accuracy of these time estimates or suggestions for making this form simpler, we would
be happy to hear from you. You can send us comments from Click on “More Information” and then on
“Give us feedback.” You can also send your comments to the Internal Revenue Service, Tax Forms and Publications Division,
1111 Constitution Ave. NW, IR-6526, Washington, DC 20224. Do not send the tax form to this address. Instead, see Where To
File.
Instructions for Schedules
-51-
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