Sch R-1 Generation-Skipping Transfer Tax

SCHEDULE R-1
(Form 706)
(September 2019)
Department of the Treasury
Internal Revenue Service

Generation-Skipping Transfer Tax
OMB No. 1545-0015

Direct Skips From a Trust Payment Voucher
▶

Go to www.irs.gov/Form706 for instructions and the latest information.

Executor: File one copy with Form 706 and send two copies to the fiduciary. Do not pay the tax shown. See instructions for details.
Fiduciary: See the Instructions for the Trustee, later, for details. Pay the tax shown on line 6.
Trust’s EIN

Name of trust
Name and title of fiduciary

Name of decedent

Address of fiduciary (number and street)

Decedent’s SSN

City, state, and ZIP or postal code

Name of executor

Address of executor (number and street)

City, state, and ZIP or postal code

Date of decedent’s death

Filing due date of Schedule R, Form 706 (with extensions)

Service Center where Form 706 was filed

Part 1. Computation of the GST Tax on the Direct Skip
Estate tax value

Description of property interests subject to the direct skip

1
2
3
4
5
6

Total estate tax value of all property interests listed above . . . . . . . . . . . . . .
Estate taxes, state death taxes, and other charges borne by the property interests listed above . .
Tentative maximum direct skip from trust (subtract line 2 from line 1) . . . . . . . . . . .
GST exemption allocated . . . . . . . . . . . . . . . . . . . . . . . . .
Subtract line 4 from line 3 . . . . . . . . . . . . . . . . . . . . . . . . .
GST tax due from fiduciary (divide line 5 by 3.5). (See the Instructions for Form 706 if property
will not bear the GST tax.) . . . . . . . . . . . . . . . . . . . . . . . .

1
2
3
4
5
6

Under penalties of perjury, I declare that I have examined this document, including accompanying schedules and statements, and to the best of my knowledge and belief, it
is true, correct, and complete.

Signature(s) of executor(s)

Date

Date

Signature of fiduciary or officer representing fiduciary

For Paperwork Reduction Act Notice, see the Instructions for Form 706.

Date

Cat. No. 71683P

Schedule R-1 (Form 706) (9-2019)

Page 2

Schedule R-1 (Form 706) (9-2019)

Instructions for the Trustee
Introduction

Schedule R-1 (Form 706) serves as a payment voucher for the Generation-Skipping Transfer
(GST) tax imposed on a direct skip from a trust, which you, the trustee of the trust, must pay.
The executor completes the Schedule R-1 (Form 706) and gives you two copies. File one copy
and keep one for your records.

How to pay

You can pay by check or money order or by electronic funds transfer.
To pay by check or money order:
• Make it payable to “United States Treasury.”
• The amount of the check or money order should be the amount on line 6 of Schedule R-1.
• Write “GST Tax” and the trust’s EIN on the check or money order.
To pay by electronic funds transfer:
• Funds must be submitted through the Electronic Federal Tax Payment System (EFTPS).
• Establish an EFTPS account by visiting www.eftps.gov or calling 1-800-555-4477.
• To be considered timely, payments made through EFTPS must be completed no later than
8 p.m. Eastern time the day before the due date.

Signature

You must sign the Schedule R-1 in the space provided.

What to mail

Mail your check or money order, if applicable, and the copy of Schedule R-1 that you signed.

Where to mail

Mail to the Department of the Treasury, Internal Revenue Service Center, Kansas City, MO
64999.

When to pay

The GST tax is due and payable 9 months after the decedent’s date of death (shown on the
Schedule R-1). You will owe interest on any GST tax not paid by that date.

Automatic
extension

You have an automatic extension of time to file Schedule R-1 and pay the GST tax. The
automatic extension allows you to file and pay by 2 months after the due date (with extensions)
for filing the decedent’s Schedule R (shown on the Schedule R-1).
If you pay the GST tax under the automatic extension, you will be charged interest (but no
penalties).

Additional
information

For more information on how to complete Schedule R-1, see section 2603(a)(2) and the
Instructions for Form 706, United States Estate (and Generation-Skipping Transfer) Tax Return.