This form is
approved for use through 10/31/84 but only for estates of decedents
who died before 1/1/82. For extension or revision of this form, you
must resubmit the package and explain (1) why every taxpayer must
file all schedules instead of only those taxpayers selected for
audit or perhaps those taxpayers plus estates above some high
cut-off level, and (2) the need and use of the data and general
information requested. What would be the consequence of not
collecting all of the proposed information?
Inventory as of this Action
Requested
Previously Approved
10/31/1984
10/31/1984
12/31/1981
151,000
0
160,000
4,236,909
0
3,321,000
0
0
0
FORM 706 IS USED TO REPORT AND COMPUTE
THE FEDERAL ESTATE TAX IMPOSED BY IRC SECTIONS 2001-2057. THE FORM
IS REQUIRED BY CODE SECTION 6018. IRS USES THE INFORMATION TO
ENFORCE THIS TAX BY VERIFYING THAT THE TAX HAS BEEN PROPERLY
COMPUTED.
On behalf of this Federal agency, I certify that
the collection of information encompassed by this request complies
with 5 CFR 1320.9 and the related provisions of 5 CFR
1320.8(b)(3).
The following is a summary of the topics, regarding
the proposed collection of information, that the certification
covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a
benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control
number;
If you are unable to certify compliance with any of
these provisions, identify the item by leaving the box unchecked
and explain the reason in the Supporting Statement.