The executor of a decedent's estate uses Form 706 to figure the estate tax imposed by Chapter 11 of the Internal Revenue Code.
Form 706 is also used to compute the generation-skipping transfer (GST) tax imposed by Chapter 13 on direct skips.
Current revision
Recent developments
Estate tax closing letter fee reduced to $56 effective May 21, 2025 -- 23-MAY-2025
Update to Instructions for Form 706, Part 1, Lines 3a and 3b -- 30-OCT-2023
Correction to the September 2022 revision of the Instructions for Form 706, page 7 -- 15-FEB-2023
Update to the extension of time to elect portability of the DSUE amount -- 21-JUL-2022