Federal United States Estate (and Generation-Skipping Transfer) Tax Return

United States Estate (and Generation-Skipping Transfer) Tax Return
Form 706 (Rev. August 2025)
Form

706

(Rev. August 2025)

United States Estate (and Generation-Skipping Transfer)
Tax Return

Department of the Treasury
Internal Revenue Service

Part I

Estate of a citizen or resident of the United States (see instructions). To be filed for
decedents dying after December 31, 2024.
Go to www.irs.gov/Form706 for instructions and the latest information.

OMB No. 1545-0015

Decedent and Executor (see instructions)

1a

Decedent’s first name and middle initial (and maiden name, if any)

3a

City, town, or post office. For foreign addresses, also complete lines 3e, 3f, and 3g.

3e

Foreign country name

7a

Name of executor

7c

Executor’s address (number and street)

7d Apt. or suite no.

7e

City, town, or post office. For foreign addresses, also complete lines 7h, 7i, and 7j.

7f State

7h

Foreign country name

7l
8a

1b Decedent’s last name

2 Decedent’s social security no.

3b County

3c State

3f Foreign province/state/county 3g Foreign postal code 4 Year domicile established

5 Date of birth

3d ZIP code
6 Date of death

7b Executor’s TIN

7i Foreign province/state/county

7j Foreign postal code

7g ZIP code

7k Executor’s phone no.

Check here if there are multiple executors. If checked, attach a list with the names, addresses, telephone numbers, and SSNs of the additional executors.
8b Location of court where will was probated or estate administered

Name of court where will was probated or estate administered

8c Case number

Check all that apply
The decedent died testate.
9a
You attached a certified copy of the Will.
b
10
You attached the death certificate. Note. A death certificate must be attached.
11
12
13
14a
b

You extended the time to file this Form 706.
You are estimating the value of assets included in the gross estate on Part II, line 1 pursuant to the special rule of Reg. section 20.2010-2(a)(7)(ii).
This is a supplemental return.
You previously filed a section 2053 protective claim for refund that is now ready for consideration.
If line 14a is checked, enter the filing date(s) of the initial section 2053 protective claim(s) for refund:

Part II

Tax Computation (see instructions)

1
2

Total gross estate less exclusion from Part V, item 13 .
Tentative total allowable deductions from Part V, item 24

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1
2

3a
b
c

Tentative taxable estate. Subtract line 2 from line 1 .
State death tax deduction . . . . . . . .
Taxable estate. Subtract line 3b from line 3a . . .

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3a
3b
3c

4
5
6

Adjusted taxable gifts. See instructions . . . . . . . . .
Add lines 3c and 4
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Tentative tax on the amount on line 5 from Table A in the instructions

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4
5
6

7
8
9a

Total gift tax paid or payable. See instructions
Gross estate tax. Subtract line 7 from line 6 .
Basic exclusion amount . . . . . . .

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9a

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8

b

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9b
9c

d

Applicable exclusion amount. Add lines 9a, 9b, and 9c .

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9d

e

Applicable credit amount. Tentative tax on the amount on line 9d from Table
A in the instructions . . . . . . . . . . . . . . . . .

9e

10

c

Deceased spousal unused exclusion (DSUE) amount from predeceased
spouse(s), if any, from Part VI, Section D, line 4 . . . . . . . . .
Restored exclusion amount. See instructions . . . . . . . . . .
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11

Adjustment to applicable credit amount. Do not enter more than $6,000. See
instructions
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Allowable applicable credit amount. Subtract line 10 from line 9e . . . .

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11

12

Subtract line 11 from line 8. If zero or less, enter -0- .

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12

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

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Cat. No. 20548R

Form 706 (Rev. 8-2025) Created 5/30/25

Page 2

Form 706 (Rev. 8-2025)

Part II
13

Tax Computation (see instructions) (continued)

14

Credit for foreign death taxes from Schedule P (Form 706). Attach
Form(s) 706-CE
. . . . . . . . . . . . . . . . . .
Credit for tax on prior transfers from Schedule Q (Form 706) . . . . .

15
16
17

Credit for pre-1977 federal gift taxes under section 2012
Marital credit under the 1995 Canadian Protocol . . .
Total credits. Add lines 13 through 16 . . . . . .

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17

18
19
20

Net estate tax. Subtract line 17 from line 12 . . . . . . . . . . . . . . .
Generation-skipping transfer (GST) taxes payable from Schedule R (Form 706), Part II, line 11
Total transfer taxes. Add lines 18 and 19 . . . . . . . . . . . . . . . .

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18
19
20

21
22

Prior payments. Explain in an attached statement . . . . . . . . . . . . . . .
Tax due. If the amount on line 20 is more than the amount on line 21, subtract line 21 from line 20.
For details on how to pay, go to www.irs.gov/Payments or see the instructions . . . . . . .

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21

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22

23a

Overpayment. If the amount on line 21 is more than the amount on line 20, subtract line 20 from line 21 and
complete lines 23b, 23c, and 23d. See instructions . . . . . . . . . . . . . . . . .
Routing number
c Type:
Checking
Savings
Account number

b
d

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23a

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 the executor) is based on all information of which preparer has any knowledge.

Sign
Here

Date

Signature of executor

Date

Signature of executor

Paid
Preparer
Use Only

Preparer’s name

Preparer’s signature

Date

Check
if PTIN
self-employed

Firm’s name

Firm’s EIN

Firm’s address

Phone no.

Form 706 (Rev. 8-2025)

Page 3

Form 706 (Rev. 8-2025)

Part III

Elections by the Executor (see instructions)

Note. For information on electing portability of the decedent’s DSUE amount, including how to opt out of the election, see Part VI.
Caution. Some of the following elections may require the posting of bonds or liens.

Yes No

Check “Yes” or “No” for each question.
1
2

Do you elect alternate valuation? . . . . . . . . . . . . . . . . . . . .
Do you elect special-use valuation? If “Yes,” you must complete and attach Schedule T (Form 706) .

3

Do you elect to pay the taxes in installments as described in section 6166? If “Yes,” you must attach the additional information
described in the instructions. Note. By electing section 6166 installment payments, you may be required to provide security
for estate tax deferred under section 6166 and interest in the form of a surety bond or a section 6324A lien . . . .

4

Do you elect to postpone the part of the taxes due to a reversionary or remainder interest as described in section 6163?

Part IV

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General Information (see instructions)

Note. Attach the necessary supplemental documents.
1a Death certificate number

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1b Death certificate issuing authority

2a

Decedent’s business or occupation or former business or occupation

3a

Marital status of the decedent at time of death. Also enter the decedent’s surviving spouse information on lines 4a, 4b, and 4c, if applicable. See instructions.
Married
Widow/widower
Single
Legally separated
Divorced

3b

For all prior marriages, list the information below. Under column (iv), indicate whether the marriage ended by annulment, divorce, or death.
Attach additional statements if necessary.

2b Check here if retired

(i)
Name of former spouse(s)

(ii)
Social security number

4b Social security number

(iii)
Date marriage
ended

(iv)
Annulment Divorce

4a

Surviving spouse’s name

5a

Individuals (other than the surviving spouse), trusts, or other estates who receive benefits from the estate (do not include charitable
beneficiaries shown in Schedule O (Form 706)). Attach additional statements if necessary.
(i)
Name of individual, trust, or estate receiving $5,000 or more

4c Amount surviving spouse received

(ii)
Identifying number

(iii)
Relationship to decedent

(iv)
Amount received

b
c

Total from attachment, if necessary
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All unascertainable beneficiaries and those who receive less than $5,000

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5b
5c

d

Total. Add amounts in column (iv) .

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5d

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Answer each of the following questions. If you answer “Yes” to any of the questions, you must attach additional information as
described.
6
7
8a
b
9a
b
10

Death

Yes No

Is the estate filing a protective claim for refund? If “Yes,” complete and attach Schedule PC (Form 706) for each claim . . .
Does the gross estate contain any section 2044 property (qualified terminable interest property (QTIP) from a prior gift or estate)?
Have federal gift tax returns ever been filed? . . . . . . . . . . . . . . . . . . . . . . . . .
If “Yes” to line 8a, attach copies of the returns, if available, and furnish the following information.
Period(s) covered
c Internal Revenue office(s) where filed
Was there any insurance on the decedent’s life that is not included on the return as part of the gross estate? .
Did the decedent own any insurance on the life of another that is not included in the gross estate? . . . .

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Did the decedent at the time of death own any property as a joint tenant with right of survivorship in which (a) one or more of the
other joint tenants was someone other than the decedent’s spouse, and (b) less than the full value of the property is included on
the return as part of the gross estate? If “Yes,” you must complete and attach Schedule E (Form 706) . . . . . . . .

Form 706 (Rev. 8-2025)

Page 4

Form 706 (Rev. 8-2025)

Part IV

General Information (see instructions) (continued)

Answer each of the following questions. If you answer “Yes” to any of the questions, you must attach additional information as
described.

Yes No

11a

Did the decedent, at the time of death, own any interest in a partnership (for example, a family limited partnership), an
unincorporated business, or a limited liability company; or own any stock in an inactive or closely held corporation? . . . .

b

If “Yes” to line 11a, was the value of any interest owned discounted on this estate tax return? If “Yes,” see the instructions on
reporting the total accumulated or effective discounts taken on Schedule F (Form 706) or Schedule G (Form 706)
. . . .

12
13a
b
c

Did the decedent make any transfer described in sections 2035, 2036, 2037, or 2038? If “Yes,” you must complete and attach
Schedule G (Form 706) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Were there in existence at the time of the decedent’s death any trusts created by the decedent during the decedent’s lifetime?
Were there in existence at the time of the decedent’s death any trusts not created by the decedent under which the decedent
possessed any power, beneficial interest, or trusteeship? . . . . . . . . . . . . . . . . . . . . .
Was the decedent receiving income or eligible to receive any distribution from a trust created after October 22, 1986, by a parent or grandparent?

d

If “Yes” to line 13c, was there a GST taxable termination (under section 2612) on the death of the decedent? If “Yes,” attach a
statement of explanation. Attach a copy of the trust or will creating the trust, and give the name, address, and phone number of
the current trustee(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

e

Did the decedent at any time during the decedent’s lifetime transfer or sell an interest in a partnership, limited liability company,
or closely held corporation to a trust described in line 13a or 13b? . . . . . . . . . . . . . . . . . .
If “Yes” to line 13e, provide the EIN for the entity in which an interest was transferred/sold:

f
14

Did the decedent ever possess, exercise, or release any general power of appointment? If “Yes,” you must complete and attach
Schedule H (Form 706) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

15

Did the decedent have an interest in or a signature or other authority over a financial account in a foreign country, such as a bank
account, securities account, or other financial account?
. . . . . . . . . . . . . . . . . . . . .

16

Was the decedent, immediately before death, receiving an annuity described in the “General” paragraph of the instructions for
Schedule I (Form 706) or a private annuity? If “Yes,” you must complete and attach Schedule I (Form 706) . . . . . . .

17

Was the decedent ever the beneficiary of a trust for which a deduction was claimed by the estate of a predeceased spouse
under section 2056(b)(7) and which is not reported on this return? If “Yes,” attach a statement of explanation . . . . . .

Part V

Recapitulation (see instructions)

Note. If estimating the value of one or more assets pursuant to the special rule of Reg. section 20.2010-2(a)(7)(ii), enter on both items 10 and 23 the
amount noted in the instructions for the corresponding range of values.
Item no.

Alternate value

Gross estate from the applicable schedules of Form 706

1
2
3
4
5
6
7
8
9
10
11
12

Total real estate. Schedule A, line 4 . . . . . . . . . . . . .
Total stocks and bonds. Schedule B, line 4 . . . . . . . . . . .
Total mortgage, notes, and cash. Schedule C, line 4 . . . . . . . .
Total insurance on the decedent’s life. Schedule D, line 4. Attach Form(s) 712 .
Total jointly owned property. Schedule E, line 10 . . . . . . . . .
Total other miscellaneous property. Schedule F, line 7 . . . . . . . .
Total transfers during the decedent’s lifetime. Schedule G, line 5
. . . . .
Total powers of appointment. Schedule H, line 4 . . . . . . . . .
Total annuities. Schedule I, line 5 . . . . . . . . . . . . . .
Estimated value of assets subject to the special rule of Reg. section 20.2010-2(a)(7)(ii)
Total gross estate. Add items 1 through 10 . . . . . . . . . . .
Total qualified conservation easement exclusion. Schedule U, line 20 . . .

1
2
3
4
5
6
7
8
9
10
11
12

13

Total gross estate less exclusion. Subtract item 12 from item 11. Enter here and
on Part II, line 1 . . . . . . . . . . . . . . . . . . .

13

Item no.

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17
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20
21
22
23
24

Value at date of death

Amount

Deductions from the applicable schedules of Form 706

Total funeral expenses and expenses incurred in administering property subject to claims. Schedule J, line 12
Total debts of the decedent. Schedule K, line 6 . . . . . . . . . . . . . . . . . .
Total mortgages and liens on, or in respect of, any property of the decedent. Schedule K, line 10 . . .
Add items 14 through 16 . . . . . . . . . . . . . . . . . . . . . . . .
Allowable amount of deductions from item 17. See instructions . . . . . . . . . . . . .
Total net losses during administration. Schedule L, line 4 . . . . . . . . . . . . . . .
Total expenses incurred in administering property not subject to claims. Schedule L, line 8 . . . . .
Total amount of property interests for which a marital deduction is being claimed. Schedule M, line 14
.
Total charitable, public, and similar gifts and bequests. Schedule O, line 8 . . . . . . . . . .
Estimated value of deductible assets subject to the special rule of Reg. section 20.2010-2(a)(7)(ii) . . .
Tentative total allowable deductions. Add items 18 through 23. Enter here and on Part II, line 2
. . . .

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16
17
18
19
20
21
22
23
24
Form 706 (Rev. 8-2025)

Page 5

Form 706 (Rev. 8-2025)

Part VI
Portability of Deceased Spousal Unused Exclusion (DSUE) (see instructions)
Portability Election
A decedent with a surviving spouse elects portability of the DSUE amount, if any, by completing and timely filing this return. No further action is
required to elect portability of the DSUE amount to allow the surviving spouse to use the decedent’s DSUE amount.

Section A—Opting Out of Portability
Check here for the estate of a decedent with a surviving spouse to opt out of electing portability of the DSUE amount. Do not complete Sections B and C.
Caution. Check only if the estate opts NOT to elect portability of the DSUE amount.

Section B—Qualified Domestic Trust (QDOT)
Yes
No
Are any assets of the estate being transferred to a QDOT? . . . . . . . . . . . . . . . . . . . . .
If “Yes,” the DSUE amount portable to a surviving spouse (calculated in Section C, below) is preliminary and shall be redetermined at the time of the
final distribution or other taxable event imposing estate tax under section 2056A.

Section C—DSUE Amount Portable to the Surviving Spouse
(To be completed by the estate of a decedent making a portability election.)
Complete the following calculation to determine the DSUE amount that can be transferred to the surviving spouse.
1
Enter the amount from Part II, line 9d . . . . . . . . . . . . . . . . . . . . .
2
Enter the value of the cumulative lifetime gifts on which tax was paid or payable. See instructions . . .

1
2

3
4
5

Add lines 1 and 2 . . . . . . . . . . . . . . .
Enter the amount from Part II, line 10 . . . . . . . . .
Divide the amount on line 4 by 40% (0.40). If zero or less, enter -0-

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3
4
5

6
7
8

Subtract line 5 from line 3 . . . . . . . .
Enter the amount from Part II, line 5
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Subtract line 7 from line 6. If zero or less, enter -0- .

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6
7
8

Enter the amount from Part II, line 9a . . . . . . . . . . . . .
DSUE amount portable to surviving spouse. Enter the smaller of line 8 or line 9 .

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9
10

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10

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Section D—DSUE Amount Received From Predeceased Spouse(s)
(To be completed by the estate of a deceased surviving spouse with DSUE amount from predeceased spouse(s).)
Provide the following information to determine the DSUE amount received from deceased spouse(s).
A

B

C

D

E

F

G

Name of deceased spouse
(dates of death after
December 31, 2010, only)

Date of death
(enter as mm/dd/yy)

Portability
election
made?

If “Yes,” DSUE
amount received
from spouse

DSUE amount
applied by
decedent to
lifetime gifts

Year of Form 709
reporting use of DSUE
amount listed in column E

Remaining DSUE
amount, if any
(subtract column E
from column D)

Yes

No

1 DSUE received from last deceased spouse:
2 DSUE received from other predeceased spouse(s) and used by decedent:

3 Total of all DSUE amounts from predeceased spouse(s) applied.
Add line 2, column E
. . . . . . . . . . . .
4 Add line 3 and line 1, column D. Enter here and on Part II, line 9b

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Form 706 (Rev. 8-2025)