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Form 706 Gst

Form 706 Gst

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And street or P.O. box; apt. or suite no.; city, town or post office; state and ZIP code) If you have a foreign address, also complete the spaces below (see instructions). Foreign country name Foreign province/county Foreign postal code Trust Information (see the instructions) Part II Sch. A number(s) Yes No 3 Has any exemption been allocated to this trust by reason of the deemed allocation rules of section 2632? If “Yes,” describe the allocation on the line 7, Schedule A, attachment...
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here's how you file a federal estate tax return number one it's not even necessary unless the person died with a gross estate exceeding the applicable estate tax exemption five million dollars this year 2012 scheduled to be 1 million dollars 2013 somebody dies with more than that what do you do the IRS doesn't come raid the house to see what was there it's the executor or trustees responsibility to make sure that the estate tax is voluntarily complied with here is what you do there's an IRS Form it's called IRS forms 706 it's the federal estate tax return you've got to get all the real estate appraised you've got to get all the banking records to show what was there on the date of death all the investment records to show the trading value as of the date of death you've got to get any kind of business appraised get the it's called a Form 7 Oh 12 7 12 from the life insurance company to show how much life insurance the deceased person owned got to get all that blue book the blue bow value


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