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pdfTREASURY/IRS AND OMB USE ONLY DRAFT
SCHEDULE Q
(Form 706)
Credit for Tax on Prior Transfers
(August 2025)
Department of the Treasury
Internal Revenue Service
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
Part I
Version A, Cycle 5
Transferor Information
Enter the transferor information. If you are figuring the credit for more than 3 transferors, see instructions.
Name of transferor
Date of death
Social security number
A
B
Check here
Part II
if section 2013(f) (special valuation of farm, etc., real property) adjustments to the computation of the credit were made. See instructions.
Computation of Credit (see instructions)
Transferor
Item
A
B
Total
A, B, and C
C
1 Transferee’s tax as apportioned, from the worksheet
for each column, divide line 7 by line 8, and multiply
the result by line 35 . . . . . . . . . .
2 Transferor’s tax. From the worksheet for each
column, line 20 . . . . . . . . . . .
3 Maximum amount before percentage requirement.
For each column, enter the smaller of line 1 or 2 .
4 Percentage
instructions
allowed. For
. . . . .
each column, see
. . . . . . .
%
%
%
5 Credit allowable. For each column, multiply line 3 by
line 4 . . . . . . . . . . . . . .
6 Total credit allowable. Add columns A, B, and C of
line 5. Enter here and on Form 706, Part II, line 14 .
For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Form 706.
Cat. No. 94768X
Schedule Q (Form 706) (8-2025) Created 3/18/25
DRAFT — DO NOT FILE
DRAFT — DO NOT FILE
C
File Type | application/pdf |
File Title | Schedule Q (Form 706) (August 2025) |
Subject | Credit for Tax on Prior Transfers |
Author | SE:W:CAR:MP |
File Modified | 2025-03-18 |
File Created | 2025-03-18 |