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pdfTREASURY/IRS AND OMB USE ONLY DRAFT
Form
706-GS(T)
Generation-Skipping Transfer Tax Return for Terminations
(Rev. August 2025)
Department of the Treasury
Internal Revenue Service
Part I
Version A, Cycle 19
OMB No. 1545-0015
Use for terminations made after December 31, 2012.
For calendar year
.
Go to www.irs.gov/Form706GST for instructions and the latest information.
General Information (see instructions)
1a Name of trust
1b TIN of trust
2a Name of trustee
2c Apt. or suite no.
2b Trustee’s address (number and street)
2d City, town, or post office. For foreign addresses, also complete lines 2g, 2h, and 2i.
Part II
2h Foreign province/state/county
2f ZIP code
2i Foreign postal code
Trust Information (see instructions)
3 Has property been contributed to this trust since the last Form 706-GS(T) or 706-GS(D-1) was filed? If “Yes,”
complete Part IV, line 11, stating how the inclusion ratio was calculated . . . . . . . . . . . . . . .
Yes No
4 Have any terminations occurred that are not reported on this return because of the exceptions in section 2611(b)(1)
or (2) relating to medical and educational exclusions and prior payment of Generation-Skipping Transfer (GST) tax?
If “Yes,” complete Part IV, line 12, describing the termination . . . . . . . . . . . . . . . . . .
5 If this is not an explicit trust (see the instructions under Who Must File), check here and complete Part IV, line 13, describing
the trust arrangement that makes its effect substantially similar to an explicit trust . . . . . . . . . . . . .
Part III
6a
Tax Computation
Summary of attached Schedules A (see instructions for line 6b)
GST tax
(From Sch. A, Part IV, line 28)
Schedule A No.
1
2
3
4
5
6
6b
7
8
9
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Total from all additional Schedules A, in excess of six, attached to this form . .
Total GST tax (add lines 6a1 through 6b) . . . . . . . . . . . . .
Payment, if any, made with Form 7004 . . . . . . . . . . . . . .
Tax due. If the amount on line 7 is more than the amount on line 8, subtract line
details on how to pay, go to www.irs.gov/Payments or see the instructions . .
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8 from line 7. For
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Overpayment. If the amount on line 8 is more than the amount on line 7, subtract line 7 from line 8
and complete lines 10b, 10c, and 10d . . . . . . . . . . . . . . . . . . . .
b Routing number
c Type:
Checking
Savings
d Account number
6a1
6a2
6a3
6a4
6a5
6a6
6b
7
8
9
10a
10a
Under penalties of perjury, I declare that I have examined this return, along with 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 or designated filer) is based on all information of which preparer has any knowledge.
Sign
Here
Date
Signature
Paid
Preparer
Use Only
Preparer’s name
Preparer’s signature
Date
Firm’s name
PTIN
Firm’s EIN
Firm’s address
For Paperwork Reduction Act Notice, see Instructions for Form 706.
Check
if
self-employed
Phone no.
Cat. No. 10329M
Form 706-GS(T) (Rev. 8-2025) Created 5/28/25
DRAFT — DO NOT FILE
DRAFT — DO NOT FILE
2g Foreign country name
2e State
TREASURY/IRS AND OMB USE ONLY DRAFT
Form 706-GS(T) (Rev. 8-2025)
Page 2
Supplemental Trust Information
11
Show how inclusion ratio was calculated when property has been contributed to this trust. (Complete if answered “Yes” on
Part II, line 3.)
12
Describe terminations that occurred during the calendar year that are not reported on this return. (Complete if answered “Yes”
on Part II, line 4.)
13
Describe what makes the effect of this arrangement substantially similar to an explicit trust. (Complete if answered “Yes” on
Part II, line 5.)
Form 706-GS(T) (Rev. 8-2025)
DRAFT — DO NOT FILE
DRAFT — DO NOT FILE
Part IV
Version A, Cycle 19
TREASURY/IRS AND OMB USE ONLY DRAFT
Version A, Cycle 19
Page 3
Form 706-GS(T) (Rev. 8-2025)
Schedule A
If additional entries are needed, duplicate and use this page.
A Name of trust
B Schedule A No.
C TIN of trust
Part I—Taxable Termination (see instructions)
1
2
3
4
6
7
8
9
10
(b)
SSN or EIN of skip person
(c)
Item no. from line 7 below in which interest held
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(a)
Name of skip persons
5
Yes No
Has any exemption been allocated to this trust by reason of the deemed allocation rules of section 2632? If
“Yes,” enter the inclusion ratio in Part IV, line 25, of this Schedule A, and describe how the inclusion ratio was
calculated in Part V, line 29, of this Schedule A . . . . . . . . . . . . . . . . . . . . .
Have any contributions been made to this trust that were not included in calculating the trust’s inclusion ratio? If
“Yes,” complete Part V, line 30, of this Schedule A, explaining why the contribution was not included . . .
Has the special QTIP election in section 2652(a)(3) been made for this trust? . . . . . . . . . . . .
Enter information regarding skip persons.
Describe the terminating power or interest.
If you elect alternate valuation, check here . . . . . . . . . . . . .
Describe each property subject to the taxable termination.
(a)
(c)
(b)
Description of property subject to termination
Item no.
Date of termination
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(d)
Valuation date
Add all amounts in column (e) . . . . . . . . . . . . . . . . . . .
Total from column (e) from additional Schedule(s) A, Parts I, attached to this schedule
Total value. Add lines 8 and 9. Enter here and on Schedule A, Part IV, line 22 . . .
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(e)
Value
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9
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Form 706-GS(T) (Rev. 8-2025)
TREASURY/IRS AND OMB USE ONLY DRAFT
Version A, Cycle 19
Page 4
Form 706-GS(T) (Rev. 8-2025)
Schedule A
If additional entries are needed, duplicate and use this page.
A Name of trust
B Schedule A No.
C TIN of trust
Part II—General Trust Debts, Expenses, and Taxes (Section 2622(b)) (see instructions)
11
Enter only items related to the entire trust.
(b)
Description
(c)
Amount
DRAFT — DO NOT FILE
DRAFT — DO NOT FILE
(a)
Item no.
12
13
14
15
16
Add all amounts in column (c) . . . . . . . . . . . . . . . . . . .
Total from column (c) from additional Schedule(s) A, Parts II, attached to this schedule
Total Schedule A, Part II, amount. Add lines 12 and 13 . . . . . . . . . . .
Percentage allocated to the termination in Part I, line 5, on this Schedule A . . . .
Net deduction. Multiply line 14 by line 15 . . . . . . . . . . . . . . .
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12
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14
15
16
%
Form 706-GS(T) (Rev. 8-2025)
TREASURY/IRS AND OMB USE ONLY DRAFT
Version A, Cycle 19
Page 5
Form 706-GS(T) (Rev. 8-2025)
Schedule A
If additional entries are needed, duplicate and use this page.
A Name of trust
B Schedule A No.
C TIN of trust
Part III—Specific Termination-Related Debts, Expenses, and Taxes (Section 2622(b)) (see instructions)
17
Enter only items related solely to terminations appearing on corresponding Schedule A.
(a)
(b)
Item no.
Description
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(c)
Amount
18
19
20
21
Add all amounts in column (c) from this Schedule A, Part III . . . . . . . . . . . . .
Total from column (c) from additional Schedule(s) A, Parts III, attached to this schedule . . . .
Total Schedule A, Part III, amount. Add lines 18 and 19 . . . . . . . . . . . . . . .
Total. Add line 16 from Part II and line 20 from Part III. Enter here and on Schedule A, Part IV, line 23
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19
20
21
Form 706-GS(T) (Rev. 8-2025)
TREASURY/IRS AND OMB USE ONLY DRAFT
Version A, Cycle 19
Page 6
Form 706-GS(T) (Rev. 8-2025)
Schedule A
A Name of trust
B Schedule A No.
C TIN of trust
22
23
24
25
26
27
28
%
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Part IV—Schedule A GST Tax Calculation
22
Total from Schedule A, Part I, line 10 . . . . . . . . . . . . . . . . . . . . .
23
Total from Schedule A, Part III, line 21 . . . . . . . . . . . . . . . . . . . .
24
Taxable amount. Subtract line 23 from line 22 . . . . . . . . . . . . . . . . . .
25
Inclusion ratio. Complete Part V, line 29, describing computation . . . . . . . . . . .
26
Maximum federal estate tax rate. See instructions for rate to enter . . . . . . . . . . .
27
Applicable rate. Multiply line 25 by line 26 . . . . . . . . . . . . . . . . . . .
28
GST tax. Multiply line 24 by line 27. Enter here and on Part III, Tax Computation, line 6 . . . .
Part V—Supplemental Information
29
Describe how inclusion ratio was calculated in accordance with the allocation rules of section 2632.
30
Explain why the contribution was not included in the inclusion ratio. (Complete if answered “Yes” on Schedule A, Part I, line 2.)
Form 706-GS(T) (Rev. 8-2025)
File Type | application/pdf |
File Title | Form 706-GS(T) (Rev. August 2025) |
Subject | Fillable |
Author | C:DC:TS:CAR:MP |
File Modified | 2025-05-28 |
File Created | 2025-05-28 |