Sch K Debts, Mortgages, and Liens

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

Version A, Cycle 4

Debts, Mortgages, and Liens
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

• Use Schedule PC (Form 706) to make a protective claim for refund due to a claim not currently deductible. For such a claim, report the
expense on Schedule K (Form 706) but without a value in the amount column.
• If more space is needed, attach Schedule(s) W (Form 706) or additional statements.

Yes No
1 Are you aware of any actual or potential reimbursement to the estate for any debt of the decedent, mortgage, or lien
claimed as a deduction on this schedule? If “Yes,” attach Schedule W (Form 706) or additional statements describing the
items subject to potential reimbursement. See instructions . . . . . . . . . . . . . . . . . . . .

Part I

Debts of the Decedent (see instructions)

3 Enter the debts of the decedent.
(i)
Item
number

(ii)
Description
Creditor and nature of debt, and allowable death taxes

(iii)
Amount

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4 Add all amounts in column (iii)

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5 Total debts of the decedent from Schedule(s) W (Form 706) (or additional statements) attached to this
schedule . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
6 Total. Add lines 4 and 5. Enter the amount on Form 706, Part V, item 15 . . . . . . . . . . .
For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Form 706.

Cat. No. 94781Q

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Schedule K (Form 706) (8-2025) Created 3/18/25

DRAFT — DO NOT FILE

DRAFT — DO NOT FILE

2 Are any of the items on this schedule deductible under Reg. section 20.2053-4(b) and Reg. section 20.2053-4(c)? If “Yes,”
attach Schedule W (Form 706) or additional statements indicating the applicable provision and documenting the value of
the claim . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

TREASURY/IRS AND OMB USE ONLY DRAFT

Version A, Cycle 4
Page 2

Schedule K (Form 706) (8-2025)

Part II

Mortgages and Liens (see instructions)

7 Enter the mortgages and liens on, or in respect of, any property of the decedent.
(i)
Item
number

(ii)
Description

(iii)
Amount

DRAFT — DO NOT FILE

DRAFT — DO NOT FILE

1

8 Add all amounts in column (iii)

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9 Total mortgages and liens on, or in respect of, any property of the decedent from Schedule(s) W (Form
706) (or additional statements) attached to this schedule . . . . . . . . . . . . . . . .
10 Total. Add lines 8 and 9. Enter the amount on Form 706, Part V, item 16 . . . . . . . . . . .

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Schedule K (Form 706) (8-2025)