Form 706-GS(D-1) Notification of Distribution From a Generation-Skipping

706-GS(D-1)

Form

Notification of Distribution From a
Generation-Skipping Trust

(Rev. January 2003)

(Complete for each skip person distributee—see separate instructions.)
For calendar year

Department of The Treasury
Internal Revenue Service

Part I

OMB No. 1545-1143

Copy A—Send to IRS

General Information

1a Skip person distributee’s identifying number (see instructions)

2a Trust’s employer identification number (see instructions)

1b Skip person distributee’s name, address, and ZIP code

2b Trust’s name, address, and ZIP code

Part II
3

Distributions

Describe each distribution below (see instructions).

a
Item
no.

b
Description of property

c
d
Date of
Inclusion
distribution
ratio

e
Value
(see instructions)

f
Tentative transfer
(multiply col. e by col. d)

1

Part III

Trust Information (see instructions)

4

If this is not an explicit trust, check the box and attach a statement describing the arrangement that makes its
䊳
effect substantially similar to an explicit trust

5

Has any property been contributed to this trust since the last Form 706-GS(T) or (D-1) was filed? If “Yes,” attach
a schedule showing how the trust’s inclusion ratio has been refigured
Have any contributions been made to this trust since the last Form 706-GS(T) or (D-1) was filed that were not
included in calculating the trust’s inclusion ratio? If “Yes,” attach a statement explaining why the contributions
were not included
Has any exemption been allocated to this trust by reason of the deemed allocation rules?

6

7

Yes No

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 trustee is based on all information of which preparer has any knowledge.

Signature of trustee

䊳

Signature of preparer other than trustee
Address

䊳

Date

䊳

Date

䊳

䊳

For Paperwork Reduction Act Notice, see page 5 of the separate trustee’s instructions.

Cat. No. 10328B

Form

706-GS(D-1)

(Rev. 1-2003)

706-GS(D-1)

Form

Notification of Distribution From a
Generation-Skipping Trust

(Rev. January 2003)
Department of The Treasury
Internal Revenue Service

Part I

OMB No. 1545-1143

Copy B—For
Distributee

(Complete for each skip person distributee—see separate instructions.)
For calendar year

General Information

1a Skip person distributee’s identifying number (see instructions)

2a Trust’s employer identification number (see instructions)

1b Skip person distributee’s name, address, and ZIP code

2b Trust’s name, address, and ZIP code

Part II
3

Distributions

Describe each distribution below (see instructions).

a
Item
no.

b
Description of property

c
d
Date of
Inclusion
distribution
ratio

e
Value
(see instructions)

f
Tentative transfer
(multiply col. e by col. d)

1

Skip Person Distributee—To report this distribution, you must file Form 706-GS(D), Generation-Skipping Transfer Tax Return for
Distributions, at the following Internal Revenue Service Center. 䊳
For Paperwork Reduction Act Notice, see page 5 of the separate trustee’s instructions.

Form

706-GS(D-1)

(Rev. 1-2003)

Instructions for Skip Person Distributee
General Instructions

Specific Instructions

Purpose of form. Form 706-GS(D-1) is used by a
trustee to report to the distributee and to the Internal
Revenue Service distributions from a trust that are
subject to the generation-skipping transfer tax. The
skip person distributee uses the information on Form
706-GS(D-1) to complete Form 706-GS(D),
Generation-Skipping Transfer Tax Return for
Distributions.
Attach a copy of each Form 706-GS(D-1) you
received during the year to your Form 706-GS(D). You
should also keep a copy for your records.
Errors. If you believe the trustee has made an error on
your Form 706-GS(D-1), notify the trustee and ask for
a corrected Form 706-GS(D-1). Do not change any
items on your copy. Be sure that the trustee sends a
copy of the corrected Form 706-GS(D-1) to the IRS.

Part I
Line 2a. Enter the trust’s employer identification
number from Part I of this form in Part II, column a, of
your Form 706-GS(D).
Part II
Column a. Use the same item number used here for
the corresponding entry in Part II, column b, of your
Form 706-GS(D).
Column c. The date of distribution is the date the title
to the property distributed passed from the trustee to
the distributee. This is the date used to determine the
value of the distribution.
Column f. Enter the tentative transfer amount in Part
II, column c, of your Form 706-GS(D).

Form

706-GS(D-1)

(Rev. 1-2003)