Instructions For Form 706-Qdt (Rev. August 2014) (Page 7 of 7) in pdf

using the highest rate of tax (see Table

must complete and attach Schedule P

You are not required to provide the

of Maximum Tax Rates below) in effect

of Form 706.

information requested on a form that is

at the time of the decedent's death

subject to the Paperwork Reduction Act

unless all of the following conditions are

unless the form displays a valid OMB

Table of Maximum Tax Rates

met.

control number. Books or records

relating to a form or its instructions must

The decedent's executor has

The

be retained as long as their contents

designated a single person to be

maximum

may become material in the

responsible for filing Form 706-QDT for

tax rate

administration of any Internal Revenue

all of the trusts (designated filer).

If the decedent died

. . . .

. . . . . .

law. Generally, tax returns and return

The designated filer is either an

information are confidential as required

individual who is a U.S. citizen or is a

After December 31, 2004

47%

by section 6103.

domestic corporation.

but before January 1, 2006

The designated filer meets the

The time needed to complete and file

requirements of all applicable

After December 31, 2005

46%

this form will vary depending on

regulations.

but before January 1, 2007

individual circumstances. The estimated

Further, if the return is being filed

average time is:

After December 31, 2006

45%

because of the death of the surviving

but before January 1, 2010

spouse, then in computing line 10, any

Recordkeeping

1 hr., 12 min.

. . . . .

foreign death taxes paid by the estate of

After December 31, 2009

35%*

Learning about the

the surviving spouse may be used in

but before January 1, 2013

law or the form

42 min.

. . . . .

determining the allowable credits in

recomputing the decedent's estate tax,

Preparing the

After December 31, 2012

40%

if all of the following conditions are met.

form

1 hr., 30 min.

. . . . . . . . . . . . .

* Special rules can apply for 2010. For more

1. This return is being filed because

Copying,

information, see Publication 4895, Tax

of the death of the surviving spouse.

assembling, and

Treatment of Property Acquired From a

2. Any property remaining in the

sending the form to

Decedent Dying in 2010.

QDOT at that time is includible in the

the IRS

1 hr., 3 min.

. . . . . . . . . . .

estate of the surviving spouse (or would

Line 14. Make the check payable to

be includible if the surviving spouse had

“United States Treasury.” Please write

been a U.S. citizen or resident).

If you have comments concerning the

the surviving spouse's SSN (or ITIN, if

3. The credit is allowable (or would

accuracy of these time estimates or

applicable) and “Form 706-QDT” on the

be allowable if the surviving spouse had

suggestions for making this form

check to assist us in posting it to the

been a U.S. citizen or resident) to the

simpler, we would be happy to hear

proper account.

estate of the surviving spouse with

from you. You can send your comments

respect to the property referred to in (2),

to the Internal Revenue Service, Tax

Paperwork Reduction Act Notice.

above.

Forms and Publications Division, 1111

We ask for the information on this form

Constitution Ave. NW, IR-6526,

4. The taxes were actually paid to a

to carry out the Internal Revenue laws of

Washington, DC 20224. Do not send

foreign jurisdiction.

the United States. We need it to ensure

the tax form to this address. Instead,

that you are complying with these laws

For details on claiming this credit,

see Where To File, earlier.

and to allow us to figure and collect the

see the Instructions for Form 706. If you

right amount of tax.

claim the foreign death tax credit, you

-7-

Instructions For Form 706-Qdt (Rev. August 2014) Page 7

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