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Form 706-GS(T) Generation-Skipping Transfer Tax Return For Terminations (Rev. November 2011) Department of the Treasury Internal Revenue Service Use for terminations made after December 31, 2010.
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What is form 706 gst?
Form 706 GST is a U.S. Estate (and Generation-Skipping Transfer) Tax Return.
Who is required to file form 706 gst?
Individuals who meet the filing requirements for estate and generation-skipping transfer taxes are required to file Form 706 GST.
How to fill out form 706 gst?
Form 706 GST must be filled out with detailed information regarding the estate and generation-skipping transfers, including values of assets and deductions.
What is the purpose of form 706 gst?
The purpose of Form 706 GST is to report and calculate estate and generation-skipping transfer taxes owed by an estate.
What information must be reported on form 706 gst?
Information such as assets owned by the decedent, transfers subject to generation-skipping transfer tax, deductions, credits, and taxes paid must be reported on Form 706 GST.
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