Free Form 706-D (Rev. December 2008) - Federal

Form

706-D

(Rev. December 2008)
Department of the Treasury Internal Revenue Service

United States Additional Estate Tax Return Under Code Section 2057
2

OMB No. 1545-1680

Part I
1a

General Information
Qualified heir's social security number

Name of qualified heir

1b Address of qualified heir (number and street, including apt. no. or P.O. box)

3

Commencement date (see instructions)

1c

City, town or post office, state, and ZIP code

4

Decedent's name reported on Form 706

5

Decedent's social security number

6

Date of death

Part II
1 2 3

Tax Computation (First complete Schedules A and B. See instructions.)
1 2

Qualified heir's share of the total qualified family-owned business interests (from line 4, Schedule T (Form 706), of the decedent's estate tax return) Total reported value of qualified family-owned business interests (from line 6, Schedule T (Form 706), of the decedent's estate tax return) Decedent's estate tax: a Recomputed without the qualified family-owned business interest deduction (attach computation) b Reported on Form 706 (or as finally agreed to) c Gross additional estate tax (subtract line 3b from line 3a) 3a 3b

3c 4 5 6 7 8 9 % . % . %

4

Qualified heir's percentage of qualified family-owned business interests. Divide line 1 by line 2. Enter result as a percentage (carry out your answer to at least the nearest tenth of a percent) Qualified heir's share of total reduction in estate tax. Multiply line 3c by line 4 Enter the Total from column (E), Schedule A, page 2 Divide line 6 by line 1. Enter the result as a percentage (carry out your answer to at least the nearest tenth of a percent) Multiply line 5 by the percentage on line 7 Applicable percentage (see instructions)

5 6 7

8 9

10 Total additional estate tax. Multiply line 8 by the percentage on line 9 10 If you completed Schedule B on page 2, complete lines 11 through 15. If you did not complete Schedule B, skip lines 11 through 14 and enter the amount from line 10 on line 15. 11 12 13 Enter the total cost or fair market value (FMV) from column (C), Schedule B, page 2 Enter the total of column (D), Schedule A, page 2 Divide line 11 by line 12. Enter the result as a percentage (carry out your answer to at least the nearest tenth of a percent) (do not enter more than 100%) Multiply line 10 by the percentage on line 13 Additional estate tax due. Subtract line 14 from line 10 (do not enter less than zero) 11 12 13 14 15 %

14 15

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.

Sign Here
Signature of taxpayer or person filing on behalf of taxpayer Date Date Check if self-employed EIN Phone no. Cat. No. 26107A ( Form ) Preparer's SSN or PTIN

Paid Preparer's Use Only

Preparer's signature Firm's name (or yours if self-employed), address, and ZIP code

For Privacy Act and Paperwork Reduction Act Notice, see instructions.

706-D

(Rev. 12-2008)

Form 706-D (Rev. 12-2008)

Page

2

Schedule A. Disposition of Qualified Family-Owned Business Interest, Failure to Materially Participate, or Disqualifying Act (Taxable Under Section 2057(f)(1))
(A) Item number (B) Description of property and explanation of disqualifying act (C) Date of disposition, failure to materially participate, or disqualifying act (see instructions) (D) Amount realized or fair market value (FMV) if applicable (see instructions) (E) Date of death value (see instructions)

1

Form 706, Schedule Description --

, Item

Total. Enter the total of column (D) on page 1, Part II, Tax Computation, line 12, and the total of column (E) on page 1, Part II, Tax Computation, line 6

Schedule B. Involuntary Conversions or Exchanges Check if for:
(A) Item

Involuntary Conversion

Exchange
(C) Cost or fair market value (FMV)

(B) Description of qualified replacement (or exchange) property

1

Total. Enter the total of column (C) on page 1, Part II, Tax Computation, line 11.

Schedule C. Nontaxable Transfers
Last name Transferee First name Middle initial

Social security number

Relationship to the qualified heir

Check if for:
(A) Item

Disposition to Family Member

Qualified Conservation Contribution

Loss of U.S. Citizenship
(C) Date of disposition, contribution, trust agreement, or bond

(B) Description of property and explanation of nontaxable transfers

1

Form 706, Schedule Description --

, Item

Form

706-D

(Rev. 12-2008)