Sch H Powers of Appointment

TREASURY/IRS AND OMB USE ONLY DRAFT
SCHEDULE H
(Form 706)
(August 2025)
Department of the Treasury
Internal Revenue Service

Version A, Cycle 8

Powers of Appointment
OMB No. 1545-0015

Attach to Form 706.
Go to www.irs.gov/Form706 for instructions and the latest information.

Decedent’s social security number

Decedent’s name as it appears on Form 706

• Include “5 and 5 lapsing” powers (section 2041(b)(2)) held by the decedent.
• If you elect section 2032A valuation, you must complete Schedule H (Form 706) and Schedule T (Form 706).
• If more space is needed, attach Schedule(s) W (Form 706) or additional statements.
Note: If the value of the gross estate, together with the amount of adjusted taxable gifts, is less than the basic exclusion amount and Form 706
is being filed solely to elect portability of the DSUE amount, consideration should be given as to whether you are required to report the value of
assets eligible for the marital or charitable deduction on this schedule. See the instructions for more information. If you are not required to
report the value of an asset, identify the property but make no entries in the last three columns.

(i)
Item
number

(ii)
Description

(iii)
Alternate
valuation date

(iv)
Alternate value

(v)
Value at
date of death

1

(continued on next page)
For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Form 706.

Cat. No. 94784X

Schedule H (Form 706) (8-2025) Created 4/29/25

DRAFT — DO NOT FILE

DRAFT — DO NOT FILE

1 Enter the property subject to a general power of appointment the decedent possessed, exercised, or released. See instructions.

TREASURY/IRS AND OMB USE ONLY DRAFT

Version A, Cycle 8
Page 2

Schedule H (Form 706) (8-2025)

1 Enter the property subject to a general power of appointment the decedent possessed, exercised, or released. See instructions. (continued)
(ii)
Description

(iii)
Alternate
valuation date

(iv)
Alternate value

(v)
Value at
date of death

DRAFT — DO NOT FILE

DRAFT — DO NOT FILE

(i)
Item
number

2 Add all amounts in column (iv) or column (v), as applicable . . . . . . . . . .
3 Total from Schedule(s) W (Form 706) (or additional statements) attached to this schedule .
4 Total. Add lines 2 and 3. Enter these amounts on Form 706, Part V, item 8 . . . . .

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3
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Schedule H (Form 706) (8-2025)