Need help filing out the Form 706 that goes along with the Estate Tax Problem. Specifically, what is the amount entered in line 10, part 5 of the Form 706?

Estate\tTax\tProblem Gertrude\tG.\tGomez,\tage\t88,\tdied\tas\ta\tresult\tof\ta\tmotorcycle\taccident\ton\tJuly\t16,\t2016. At\tthe\ttime\tof\ther\tdeath,\tGertrude\tlived\tat\t1520\tMarlin\tDrive,\tClearwater,\tFL\t33758. She\twas\tpredeceased\tby\ther\thusband,\tJohn\tW.\tGomez,\twho\tdied\tin\t2002. Gertrude\tis\tsurvived\tby\ther\ttwo\tadult\tchildren,\tGerald\tGomez\tand\tGretchen\tPlumber. Information\tregarding\tGertrude's\testate\tis\tsummarized\tbelow. John's\twill\testablished\ta\tmarital\tdeduction\ttrust\twith\t$2\tmillion\tof\tassets.\tUnder\tthe\tterms\tof\tthe\ttrust, Gertrude\treceived\ta\tlife\testate\twith\tthe\tremainder\tpassing\tto\ttheir\tchildren\t(i.e.,\tGerald\tand\tGretchen).\tTo obtain\ta\tmarital\tdeduction\tfor\tJohn's\testate,\this\texecutor\tmade\ta\tQTIP\telection.\tOn\tJuly\t16,\t2016,\tthe\ttrust\thad a\tvalue\tof\t$5.1\tmillion.\tDuring\t2016,\tthe\ttrust\tassets\tare\tdistributed\tto\tGerald\tand\tGretchen. John\tand\tGertrude\thad\towned\ta\tsuccessful\tbusiness\tbefore\this\tdeath. Throughout\tthe\tyears,\tthey\tused income\treceived\tto\tinvest\tin\tmany\tseveral\tpublicly\ttraded\tcompanies.\tThe\tvalue\tof\tthose\tinvestments\tat Gertrude's\tdeath\twas\t3,890,000. Gertrude\towned\tthree\tinsurance\tpolicies\twith\tFalcon\tAssurance\tCompanyone\ton\ther\tlife\tand\tone\ton\tthe\tlife of\teach\tof\ther\tchildren.\tAll\tpolicies\thave\ta\tmaturity\tvalue\tof\t$500,000;\tall\tname\tGertrude\tor\ther\testate\tas\tthe beneficiary.\tAs\tof\tJuly\t16,\t2016,\tthe\tpolicies\ton\tGerald\tand\tGretchen\teach\thad\ta\tvalue\tof\t$250,000. A\ttract\tof\tundeveloped\tland\tin\tPinellas\tCounty\t(FL)\twas\tpurchased\tby\tGertrude\tas\tan\tinvestment\tin\t2002\tfor $600,000.\tTo\thelp\tfinance\tthe\tpurchase,\tGertrude\tobtained\tmortgage\tfunds\tfrom\tTampa\tSavings\tand\tLoan.\tAs of\tJuly\t16,\t2016,\tthe\tland\twas\tworth\t$3\tmillion,\tand\tGertrude\towed\t$300,000\ton\tthe\tmortgage. Rental\tbeach\tcottages\tin\tDestin\t(FL)\twere\tinherited\tfrom\tJohn\tand\tworth\t$3.2\tmillion\ton\tJuly\t16,\t2016.\tThe cottages\thad\ta\tvalue\tof\t$900,000\twhen\tJohn\tdied;\this\toriginal\tcost\tis\tunknown. A\tfamily\tvacation\tlodge\tin\tUnion\t(SC)\twas\theld\tas\tjoint\ttenants\twith\trights\tof\tsurvivorship\tin\tthe\tnames\tof Gertrude\tGomez,\tGerald\tGomez,\tand\tGretchen\tPlumber.\tThe\tproperty\twas\tpurchased\tin\t2002\tfor\t$800,000; $400,000\twas\tprovided\tby\tGertrude\tand\t$200,000\twas\tfurnished\tby\teach\tof\ther\tchildren.\tOn\tJuly\t16,\t2016, the\tlodge\twas\tworth\t$2.4\tmillion. Gertrude's\tMarlin\tDrive\tresidence\tis\towned\tby\ther.\tIt\thad\ta\tvalue\tof\t$2,800,000\ton\tJuly\t16,\t2016. The\taccident\tthat\tfatally\tinjured\tGertrude\twas\tcaused\tby\tthe\tdelivery\ttruck\tof\ta\tnational\tsoft\tdrink\tbottling company.\tNot\tonly\twas\tthe\ttruck\tin\tdisrepair,\tbut\tthe\tdriver\twas\tcharged\twith\tDUI.\tTo\tavoid\tthe\tadverse publicity\tof\ta\tlawsuit\tinvolving\tthe\tobvious\tgross\tnegligence,\tthe\tcorporate\toffice\toffered\tto\tsettle\tany\tclaims. After\tcareful\tdeliberation,\tGertrude's\tco-executors\t(Gerald\tand\tGretchen)\tsigned\ta\trelease.\tIn\treturn,\tthe estate\treceived\t$1,900,000\tin\tcash\tplus\tpayment\tof\tall\tmedical\texpenses.\tOf\tthe\tmedical\texpenses,\tthe\tdoctors and\thospital\twere\tpaid\tdirectly\tby\tthe\tbottling\tcompany.\tThe\tsettlement\twas\treceived\tby\tthe\testate\tbefore\tit was\tclosed\tand\tthe\tForm\t706\tfiled. Other\tassets\towned\tby\tGertrude\tas\tof\tJuly\t16,\t2016\tincluded: Checking account at Dunedin State Bank State of Georgia bonds (interest accrued to date of death) Personal and household effects $ 1,388,000 2,405,000 550,000 Federal income tax refund receivable (for tax year 2015) 2,000 Liabilities\tand\texpenses\tin\tconnection\twith\tthe\tadministration\tof\tthe\testate\tinclude: Gertrude's credit card debt and household bills (e.g., utilities, gardener) $81,000 Federal income tax (January 1, 2016, to July 16, 2016) 69,000 Funeral expenses 25,000 Attorney's fees 22,000 Accounting fees 11,000 Appraisal fees and court costs Unpaid pledge to First Church (paid by the estate during its administration) 5,000 50,000 Because\tGerald\tand\tGretchen\thad\texperience\tin\thandling\ttheir\tfather's\testate,\tGertrude's\twill\tdesignated\tthem\tas co-executors\tof\ther\testate.\tThe\tprobate\tof\tthe\tEstate\tof\tGertrude\tG.\tGomez\tis\tcompleted\tDecember\t16,\t2016. Gerald\tand\tGretchen\tare\tthe\tsole\theirs. Prepare\tan\testate\ttax\treturn\t(Form\t706)\tfor\tGertrude.\tIn\tthis\tregard,\tmake\tthe\tfollowing\tassumptions. Disregard\tany\trequest\tfor\tinformation\tthat\tis\tnot\tavailable. Some\tdeductions\trequire\ta\tchoice\tbetween\tthe\tincome\tand\testate\ttaxes\t(Form\t706\tor\tForm\t1041)\tand\tcannot be\tdeducted\ttwice.\tResolve\tall\tchoices\tin\tfavor\tof\tForm\t706. Gertrude\thad\tmade\tno\ttaxable\tgifts\tin\tprior\tyears. Relevant\tSocial\tSecurity\tnumbers: Name Social Security Number Gertrude Gomez 123-45-6792 Gerald Gomez 123-45-6793 Gretchen Plumber 123-45-6794 Note: Find\tForm\t706\tat\tIRS.gov. Complete\tall\tapplicable\tschedules. There\twill\tbe\textras,\tso\tinclude\tonly those\tneeded\tto\tproperly\tcomplete\tGertrude's\treturn. Form 706 United States Estate (and Generation-Skipping Transfer) Tax Return (Rev. August 2013) decedents dying after December 31, 2012. Department of the Treasury Internal Revenue Service Part 1Decedent and Executor 1a 3a Information about Form 706 and its separate instructions is at www.irs.gov/form706. Decedent's first name and middle initial (and maiden name, if any) 1b Decedent's last name Gertrude Gomez 2 Decedent's social security no. 123 City, town, or post office; county; state or province; country; and ZIP or 3b Year domicile established foreign postal code. 4 Date of birth 1928 45 6792 5 Date of death July 16,1928 July 16,2016 6b Executor's address (number and street including apartment or suite no.; city, town, or post office; state or province; country; and ZIP or foreign postal code) and phone no. 1520 Martin Drive,Clearwater FL 33758 6a Name of executor (see instructions) 6c Executor's social security number (see instructions) 6d 7a If there are multiple executors, check here and attach a list showing the names, addresses, telephone numbers, and SSNs of the additional executors. Name and location of court where will was probated or estate administered 7b Case number Phone no. 8 10 If decedent died testate, check here and attach a certified copy of the will. 9 If you extended the time to file this Form 706, check here If Schedule R-1 is attached, check here 11 If you are estimating the value of assets included in the gross estate on line 1 pursuant to the special rule of Reg. section 20.2010-2T(a) (7)(ii), check here 1 2 3a b c Part 2Tax Computation OMB No. 1545-0015 Estate of a citizen or resident of the United States (see instructions). To be filed for Total gross estate less exclusion (from Part 5Recapitulation, item 13) . Tentative total allowable deductions (from Part 5Recapitulation, item 24) Tentative taxable estate (subtract line 2 from line 1) . . . . . . . State death tax deduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 2 3a 3b 35,435,000 2,563,000 32,872,000 00 00 00 32,872,000 00 32,872,000 00 . . . . . . . . . . . 4 5 6 Adjusted taxable gifts (see instructions) . . . . . . . . . Add lines 3c and 4 . . . . . . . . . . . . . . . Tentative tax on the amount on line 5 from Table A in the instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3c 4 5 6 7 Total gift tax paid or payable (see instructions) . . . . . . . . . . . . . . . . . 7 8 9a Gross estate tax (subtract line 7 from line 6) . Basic exclusion amount . . . . . . . . . . . . . . . . . . . . . . . . . 9a . . . . . . . 8 9b Deceased spousal unused exclusion (DSUE) amount from predeceased spouse(s), if any (from Section D, Part 6Portability of Deceased Spousal Unused Exclusion). . Applicable exclusion amount (add lines 9a and 9b) . . . . . . . 9c 9d 10 Taxable estate (subtract line 3b from line 3a) . . . . . . . 9b 9c Applicable credit amount (tentative tax on the amount in 9c from Table A in the instructions) . . . . . . . . . . . . . . . . 9d 11 Adjustment to applicable credit amount (May not exceed $6,000. See instructions.) . . . . . . . . . . . . . . . . . . Allowable applicable credit amount (subtract line 10 from line 9d) . . . . . . . . . 11 12 13 14 15 16 17 Subtract line 11 from line 8 (but do not enter less than zero) . . . . . . . Credit for foreign death taxes (from Schedule P). (Attach Form(s) 706-CE.) 13 Credit for tax on prior transfers (from Schedule Q) . . . . . . . 14 Total credits (add lines 13 and 14) . . . . . . . . . . . . . . . Net estate tax (subtract line 15 from line 12) . . . . . . . . . . . . Generation-skipping transfer (GST) taxes payable (from Schedule R, Part 2, line 10) . . . . . . 12 . . . . . . . . . . . . . . . . . . 15 16 17 18 19 20 Total transfer taxes (add lines 16 and 17) . . . . . . . Prior payments (explain in an attached statement) . . . . Balance due (or overpayment) (subtract line 19 from line 18) . . . . . . . . . . . . . . . . . . . 18 19 20 . . . . . . . . . . . . . 10 . . . . . . . Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer other than the executor is based on all information of which preparer has any knowledge. Paid Preparer Use Only Sign Here Signature of executor Signature of executor Print/Type preparer's name Firm's name Preparer's signature Date Date Check if self-employed PTIN Firm's EIN Firm's address For Privacy Act and Paperwork Reduction Act Notice, see instructions. Date Phone no. Cat. No. 20548R Form 706 (Rev. 8-2013) Form 706 (Rev. 8-2013) Decedent's social security number Estate of: Part 3Elections by the Executor 123 45 6792 Note. For information on electing portability of the decedent's DSUE amount, including how to opt out of the election, see Part 6 Portability of Deceased Spousal Unused Exclusion. Note. Some of the following elections may require the posting of bonds or liens. Please check "Yes" or "No" box for each question (see instructions). 1 Do you elect alternate valuation? . . . . . . . . . . Yes No . . . . . . . . . . . 2 Do you elect special-use valuation? If \"Yes,\" you must complete and attach Schedule A-1 . . . . . . . . . . 1 2 3 Do you elect to pay the taxes in installments as described in section 6166? . . . . . . . . . . . . . . . If \"Yes,\" you must attach the additional information described in the instructions. Note. By electing section 6166 installment payments, you may be required to provide security for estate tax deferred under section 6166 and interest in the form of a surety bond or a section 6324A lien. Do you elect to postpone the part of the taxes due to a reversionary or remainder interest as described in section 6163? . 3 4 4 . . . . . . Part 4General Information Note. Please attach the necessary supplemental documents. You must attach the death certificate. (See instructions) Authorization to receive confidential tax information under Reg. section 601.504(b)(2)(i); to act as the estate's representative before the IRS; and to make written or oral presentations on behalf of the estate: Name of representative (print or type) I declare that I am the attorney/ State certified public accountant/ Address (number, street, and room or suite no., city, state, and ZIP code) enrolled agent (check the applicable box) for the executor. I am not under suspension or disbarment from practice before the Internal Revenue Service and am qualified to practice in the state shown above. Signature CAF number Date Telephone number 1 Death certificate number and issuing authority (attach a copy of the death certificate to this return). 2 Decedent's business or occupation. If retired, check here 3a Marital status of the decedent at time of death: Married Widow/widower and state decedent's former business or occupation. Single Legally separated Divorced 3b For all prior marriages, list the name and SSN of the former spouse, the date the marriage ended, and whether the marriage ended by annulment, divorce, or death. Attach additional statements of the same size if necessary. 4a Surviving spouse's name 5 4b Social security number 4c Amount received (see instructions) Individuals (other than the surviving spouse), trusts, or other estates who receive benefits from the estate (do not include charitable beneficiaries shown in Schedule O) (see instructions). Name of individual, trust, or estate receiving $5,000 or more Identifying number All unascertainable beneficiaries and those who receive less than $5,000 . Total . . . . . . . . . . . . . . . . . . . . . . . . . . . Relationship to decedent . . . . . . . . . . . . . . . . Amount (see instructions) . . . . . . . . . . . Yes No If you answer \"Yes\" to any of the following questions, you must attach additional information as described. 6 Is the estate filing a protective claim for refund? . . . . . . . . If \"Yes,\" complete and attach two copies of Schedule PC for each claim. 7 Does the gross estate contain any section 2044 property (qualified terminable interest property (QTIP) from a prior gift or estate)? (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8a Have federal gift tax returns ever been filed? . . . . . . . . . . . . . If \"Yes,\" attach copies of the returns, if available, and furnish the following information: Period(s) covered c Internal Revenue office(s) where filed b 9a b . . . . . . . . . . . . . . . . . . . . . . . . Was there any insurance on the decedent's life that is not included on the return as part of the gross estate? . . . . . . Did the decedent own any insurance on the life of another that is not included in the gross estate? . . . . . . . . . Page 2 Form 706 (Rev. 8-2013) Decedent's social security number Estate of: Part 4General Information (continued) 123 45 6792 Yes No If you answer \"Yes\" to any of the following questions, you must attach additional information as described. 10 Did the decedent at the time of death own any property as a joint tenant with right of survivorship in which (a) one or more of the other joint tenants was someone other than the decedent's spouse, and (b) less than the full value of the property is included on the return as part of the gross estate? If \"Yes,\" you must complete and attach Schedule E . . . . . . . . . . . 11a Did the decedent, at the time of death, own any interest in a partnership (for example, a family limited partnership), an unincorporated business, or a limited liability company; or own any stock in an inactive or closely held corporation? . . . . b If \"Yes,\" was the value of any interest owned (from above) discounted on this estate tax return? If \"Yes,\" see the instructions on reporting the total accumulated or effective discounts taken on Schedule F or G . . . . . . . . . . . . . . 12 13a b c Did the decedent make any transfer described in sections 2035, 2036, 2037, or 2038? (see instructions) If \"Yes,\" you must complete and attach Schedule G . . . . . . . . . . . . . . . . . . . . . . . . . . . . Were there in existence at the time of the decedent's death any trusts created by the decedent during his or her lifetime? . . Were there in existence at the time of the decedent's death any trusts not created by the decedent under which possessed any power, beneficial interest, or trusteeship? . . . . . . . . . . . . . . . . . Was the decedent receiving income from a trust created after October 22, 1986, by a parent or grandparent? . . If \"Yes,\" was there a GST taxable termination (under section 2612) on the death of the decedent? . . . . . the . . . decedent . . . . . . . . . d If there was a GST taxable termination (under section 2612), attach a statement to explain. Provide a copy of the trust or will creating the trust, and give the name, address, and phone number of the current trustee(s). e Did the decedent at any time during his or her lifetime transfer or sell an interest in a partnership, limited liability company, or closely held corporation to a trust described in lines 13a or 13b? . . . . . . . . . . . . . . . . . . . If \"Yes,\" provide the EIN for this transferred/sold item. 14 Did the decedent ever possess, exercise, or release any general power of appointment? If \"Yes,\" you must complete and attach Schedule H . 15 Did the decedent have an interest in or a signature or other authority over a financial account in a foreign country, such as a bank account, securities account, or other financial account? . . . . . . . . . . . . . . . . . . . . . 16 Was the decedent, immediately before death, receiving an annuity described in the \"General\" paragraph of the instructions for Schedule I or a private annuity? If \"Yes,\" you must complete and attach Schedule I . . . . . . . . . . . . . 17 Was the decedent ever the beneficiary of a trust for which a deduction was claimed by the estate of a predeceased spouse under section 2056(b)(7) and which is not reported on this return? If \"Yes,\" attach an explanation . . . . . . . . . . . . Part 5Recapitulation. Note. If estimating the value of one or more assets pursuant to the special rule of Reg. section 20.2010-2T(a)(7)(ii), enter on both lines 10 and 23 the amount noted in the instructions for the corresponding range of values. (See instructions for details.) Item no. Gross estate 1 2 3 4 5 6 7 8 9 10 11 12 Schedule AReal Estate . . . . . . . . . . . . . . . . Schedule BStocks and Bonds . . . . . . . . . . . . . . Schedule CMortgages, Notes, and Cash . . . . . . . . . . . Schedule DInsurance on the Decedent's Life (attach Form(s) 712) . . . . Schedule EJointly Owned Property (attach Form(s) 712 for life insurance) . Schedule FOther Miscellaneous Property (attach Form(s) 712 for life insurance) Schedule GTransfers During Decedent's Life (att. Form(s) 712 for life insurance) Schedule HPowers of Appointment . . . . . . . . . . . . Schedule IAnnuities . . . . . . . . . . . . . . . . . 13 Item no. Alternate value Estimated value of assets subject to the special rule of Reg. section 20.2010-2T(a)(7)(ii) Total gross estate (add items 1 through 10) . . . . . Schedule UQualified Conservation Easement Exclusion . . . . . . . . . . . . Total gross estate less exclusion (subtract item 12 from item 11). Enter here and on line 1 of Part 2Tax Computation . . . . . . . . . . . . . Value at date of death 1 2 3 4 5 6 7 8 9 10 11 12 13 Deductions 00 00 00 00 00 2,300,000 00 4,345,000 35,435,000 00 00 35,435,000 00 Amount 15 16 17 18 19 20 21 Schedule JFuneral Expenses and Expenses Incurred in Administering Property Subject to Claims Schedule KDebts of the Decedent . . . . . . . . . . . . . . . . Schedule KMortgages and Liens . . . . . . . . . . . . . . . . Total of items 14 through 16 . . . . . . . . . . . . . . . . . . Allowable amount of deductions from item 17 (see the instructions for item 18 of the Recapitulation) Schedule LNet Losses During Administration . . . . . . . . . . . . . Schedule LExpenses Incurred in Administering Property Not Subject to Claims . . . Schedule MBequests, etc., to Surviving Spouse . . . . . . . . . . . . . . . . . . . . 14 15 16 17 18 19 20 21 22 23 24 Schedule OCharitable, Public, and Similar Gifts and Bequests . . . . . . . . . . . . . Estimated value of deductible assets subject to the special rule of Reg. section 20.2010-2T(a)(7)(ii) . . . Tentative total allowable deductions (add items 18 through 23). Enter here and on line 2 of the Tax Computation 22 23 24 14 9,800,000 3,890,000 3,000,000 500,000 1,600,000 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 113,000 00 150,000 300,000 563,000 563,000 00 00 00 00 2,000,000 2,563,000 00 00 Page 3 Form 706 (Rev. 8-2013) Decedent's social security number Estate of: 123 45 6792 Part 6Portability of Deceased Spousal Unused Exclusion (DSUE) Portability Election A decedent with a surviving spouse elects portability of the deceased spousal unused exclusion (DSUE) amount, if any, by completing and timely-filing this return. No further action is required to elect portability of the DSUE amount to allow the surviving spouse to use the decedent's DSUE amount. Section A. Opting Out of Portability The estate of a decedent with a surviving spouse may opt out of electing portability of the DSUE amount. Check here and do not complete Sections B and C of Part 6 only if the estate opts NOT to elect portability of the DSUE amount. Section B. QDOT Yes No Are any assets of the estate being transferred to a qualified domestic trust (QDOT)? . . . . . . . . . . . . . . . . . If \"Yes,\" the DSUE amount portable to a surviving spouse (calculated in Section C, below) is preliminary and shall be redetermined at the time of the final distribution or other taxable event imposing estate tax under section 2056A. See instructions for more details. Section C. DSUE Amount Portable to the Surviving Spouse election.) (To be completed by the estate of a decedent making a portability Complete the following calculation to determine the DSUE amount that can be transferred to the surviving spouse. 1 Enter the amount from line 9c, Part 2Tax Computation . . . . . . . . . . . . . . . 2 Reserved . . . . . . . . . . . . . . . 1 2 3 Enter the value of the cumulative lifetime gifts on which tax was paid or payable (see instructions) 4 5 6 Add lines 1 and 3 . . . . . . . . . . . Enter amount from line 10, Part 2Tax Computation . . . . . . . . . . . . . . . . . 3 . . . . . . . . . . . . . . . . . . . . . . . . . . 7 8 Divide amount on line 5 by 40% (0.40) (do not enter less than zero) Subtract line 6 from line 4 . . . . . . . . . . . . Enter the amount from line 5, Part 2- Tax Computation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 5 6 9 Subtract line 8 from line 7 (do not enter less than zero) . . . . . . . . . . . . . 9 DSUE amount portable to surviving spouse (Enter lesser of line 9 or line 9a, Part 2 - Tax Computation) . . 10 10 . . . . . . . . . Section D. DSUE Amount Received from Predeceased Spouse(s) spouse with DSUE amount from predeceased spouse(s)) 7 8 (To be completed by the estate of a deceased surviving Provide the following information to determine the DSUE amount received from deceased spouses. A Name of Deceased Spouse (dates of death after December 31, 2010, only) B Date of Death (enter as mm/dd/yy) C Portability Election Made? Yes D If \"Yes,\" DSUE Amount Received from Spouse E DSUE Amount Applied by Decedent to Lifetime Gifts F Year of Form 709 Reporting Use of DSUE Amount Listed in col E G Remaining DSUE Amount, if any (subtract col. E from col. D) No Part 1 DSUE RECEIVED FROM LAST DECEASED SPOUSE Part 2 DSUE RECEIVED FROM OTHER PREDECEASED SPOUSE(S) AND USED BY DECEDENT Total (for all DSUE amounts from predeceased spouse(s) applied) . . . . Add the amount from Part 1, column D and the total from Part 2, column E. Enter the result on line 9b, Part 2Tax Computation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Page 4 Form 706 (Rev. 8-2013) Decedent's social security number Estate of: 123 45 6792 SCHEDULE AReal Estate For jointly owned property that must be disclosed on Schedule E, see instructions. Real estate that is part of a sole proprietorship should be shown on Schedule F. Real estate that is included in the gross estate under sections 2035, 2036, 2037, or 2038 should be shown on Schedule G. Real estate that is included in the gross estate under section 2041 should be shown on Schedule H. If you elect section 2032A valuation, you must complete Schedule A and Schedule A-1. Note. If the value of the gross estate, together with the amount of adjusted taxable gifts, is less than the basic exclusion amount and the 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 and Reg. section 20.2010-2T (a)(7)(ii) 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. Item number 1 2 3 Description Trust Residence Cash payment Alternate valuation date Alternate value Value at date of death 5,100,000 2,400,000 1,900,000 Total from continuation schedules or additional statements attached to this schedule . . . 9,800,000 TOTAL. (Also enter on Part 5Recapitulation, page 3, at item 1.) . . . . . . . . . (If more space is needed, attach the continuation schedule from the end of this package or additional statements of the same size.) Schedule APage 5 Form 706 (Rev. 8-2013) Decedent's social security number Estate of: 123 45 6792 SCHEDULE A-1Section 2032A Valuation Part 1. Type of election (Before making an election, see the checklist in the instructions): Protective election (Regulations section 20.2032A-8(b)). Complete Part 2, line 1, and column A of lines 3 and 4. (see instructions) Regular election. Complete all of Part 2 (including line 11, if applicable) and Part 3. (see instructions) Before completing Schedule A-1, see the instructions for the information and documents that must be included to make a valid election. The election is not valid unless the agreement (that is, Part 3. Agreement to Special Valuation Under Section 2032A): Is signed by each qualified heir with an interest in the specially valued property and Is attached to this return when it is filed. Part 2. Notice of election (Regulations section 20.2032A-8(a)(3)) Note. All real property entered on lines 2 and 3 must also be entered on Schedules A, E, F, G, or H, as applicable. 1 Qualified usecheck one Farm used for farming, or Trade or business other than farming 2 Real property used in a qualified use, passing to qualified heirs, and to be specially valued on this Form 706. B Full value (without section 2032A(b)(3)(B) adjustment) A Schedule and item number from Form 706 C Adjusted value (with section 2032A (b)(3)(B) adjustment) D Value based on qualified use (without section 2032A(b)(3)(B) adjustment) Totals . . . . . . . . . . Attach a legal description of all property listed on line 2. Attach copies of appraisals showing the column B values for all property listed on line 2. 3 Real property used in a qualified use, passing to qualified heirs, but not specially valued on this Form 706. B Full value (without section 2032A(b)(3)(B) adjustment) A Schedule and item number from Form 706 Totals . . . . . . . . . C Adjusted value (with section 2032A (b)(3)(B) adjustment) D Value based on qualified use (without section 2032A(b)(3)(B) adjustment) . If you checked \"Regular election,\" you must attach copies of appraisals showing the column B values for all property listed on line 3. (continued on next page) Schedule A-1Page 6 Form 706 (Rev. 8-2013) 4 Personal property used in a qualified use and passing to qualified heirs. A Schedule and item number from Form 706 B Adjusted value (with section 2032A (b)(3)(B) adjustment) A (continued) Schedule and item number from Form 706 B (continued) Adjusted value (with section 2032A (b)(3)(B) adjustment) \"Subtotal\" from Col. B, below left Subtotal . . . . . . . . Total adjusted value . . . 5 Enter the value of the total gross estate as adjusted under section 2032A(b)(3)(A). 6 Attach a description of the method used to determine the special value based on qualified use. 7 Did the decedent and/or a member of his or her family own all property listed on line 2 for at least 5 of the 8 Yes No years immediately preceding the date of the decedent's death? . . . . . . . . . . . . . . . 8 Were there any periods during the 8-year period preceding the date of the decedent's death during which the decedent or a member of his or her family: Yes No a Did not own the property listed on line 2? . . . . . . . . . . . . . . . . . . . . . . . . b Did not use the property listed on line 2 in a qualified use? . . . . . . . . . . . . . . . . . . c Did not materially participate in the operation of the farm or other business within the meaning of section 2032A(e)(6)? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . If you answered \"Yes\" to any of the above, attach a statement listing the periods. If applicable, describe whether the exceptions of sections 2032A(b)(4) or (5) are met. 9 Attach affidavits describing the activities constituting material participation and the identity and relationship to the decedent of the material participants. 10 Persons holding interests. Enter the requested information for each party who received any interest in the specially valued property. (Each of the qualified heirs receiving an interest in the property must sign the agreement, to be found on Part 3 of this Schedule A-1, and the agreement must be filed with this return.) Name Address A B C D E F G H Identifying number Relationship to decedent Fair market value Special-use value A B C D E F G H You must attach a computation of the GST tax savings attributable to direct skips for each person listed above who is a skip person. (see instructions) 11 Woodlands election. Check here if you wish to make a Woodlands election as described in section 2032A(e)(13). Enter the schedule and item numbers from Form 706 of the property for which you are making this election Attach a statement explaining why you are entitled to make this election. The IRS may issue regulations that require more information to substantiate this election. You will be notified by the IRS if you must supply further information. Schedule A-1Page 7 Form 706 (Rev. 8-2013) Part 3. Agreement to Special Valuation Under Section 2032A Decedent's social security number Estate of: 123 45 6792 There cannot be a valid election unless: The agreement is executed by each one of the qualified heirs and The agreement is included with the estate tax return when the estate tax return is filed. We (list all qualified heirs) being all the qualified heirs and (list all other persons having an interest in the property required to sign this agreement) , , being all other parties having interests in the property which is qualified real property and which is valued under section 2032A of the Internal Revenue Code, do hereby approve of the election made by , Executor/Administrator of the estate of , pursuant to section 2032A to value said property on the basis of the qualified use to which the property is devoted and do hereby enter into this agreement pursuant to section 2032A(d). The undersigned agree and consent to the application of subsection (c) of section 2032A with respect to all the property described on Form 706, Schedule A-1, Part 2, line 2, attached to this agreement. More specifically, the undersigned heirs expressly agree and consent to personal liability under subsection (c) of 2032A for the additional estate and GST taxes imposed by that subsection with respect to their respective interests in the above-described property in the event of certain early dispositions of the property or early cessation of the qualified use of the property. It is understood that if a qualified heir disposes of any interest in qualified real property to any member of his or her family, such member may thereafter be treated as the qualified heir with respect to such interest upon filing a Form 706-A, United States Additional Estate Tax Return, and a new agreement. The undersigned interested parties who are not qualified heirs consent to the collection of any additional estate and GST taxes imposed under section 2032A(c) from the specially valued property. If there is a disposition of any interest which passes, or has passed to him or her, or if there is a cessation of the qualified use of any specially valued property which passes or passed to him or her, each of the undersigned heirs agrees to file a Form 706-A, and pay any additional estate and GST taxes due within 6 months of the disposition or cessation. It is understood by all interested parties that this agreement is a condition precedent to the election of special-use valuation under section 2032A and must be executed by every interested party even though that person may not have received the estate (or GST) tax benefits or be in possession of such property. Each of the undersigned understands that by making this election, a lien will be created and recorded pursuant to section 6324B of the Code on the property referred to in this agreement for the adjusted tax differences with respect to the estate as defined in section 2032A(c)(2)(C). As the interested parties, the undersigned designate the following individual as their agent for all dealings with the Internal Revenue Service concerning the continued qualification of the specially valued property under section 2032A and on all issues regarding the special lien under section 6324B. The agent is authorized to act for the parties with respect to all dealings with the Internal Revenue Service on matters affecting the qualified real property described earlier. This includes the authorization: To receive confidential information on all matters relating to continued qualification under section 2032A of the specially valued real property and on all matters relating to the special lien arising under section 6324B; To furnish the Internal Revenue Service with any requested information concerning the property; To notify the Internal Revenue Service of any disposition or cessation of qualified use of any part of the property; To receive, but not to endorse and collect, checks in payment of any refund of Internal Revenue taxes, penalties, or interest; To execute waivers (including offers of waivers) of restrictions on assessment or collection of deficiencies in tax and waivers of notice of disallowance of a claim for credit or refund; and To execute closing agreements under section 7121. (continued on next page) Schedule A-1 Page 8 Form 706 (Rev. 8-2013) Part 3. Agreement to Special Valuation Under Section 2032A (continued) Decedent's social security number Estate of: 123 45 6792 Other acts (specify) By signing this agreement, the agent agrees to provide the Internal Revenue Service with any requested information concerning this property and to notify the Internal Revenue Service of any disposition or cessation of the qualified use of any part of this property. Name of Agent Signature Address The property to which this agreement relates is listed in Form 706, United States Estate (and Generation-Skipping Transfer) Tax Return, and in the Notice of Election, along with its fair market value according to section 2031 of the Code and its special-use value according to section 2032A. The name, address, social security number, and interest (including the value) of each of the undersigned in this property are as set forth in the attached Notice of Election. IN WITNESS WHEREOF, the undersigned have hereunto set their hands at this day of , . SIGNATURES OF EACH OF THE QUALIFIED HEIRS: Signature of qualified heir Signature of qualified heir Signature of qualified heir Signature of qualified heir Signature of qualified heir Signature of qualified heir Signature of qualified heir Signature of qualified heir Signature of qualified heir Signature of qualified heir Signature of qualified heir Signature of qualified heir Signatures of other interested parties Signatures of other interested parties Schedule A-1Page 9 Form 706 (Rev. 8-2013) Decedent's social security number Estate of: 123 45 6792 SCHEDULE BStocks and Bonds (For jointly owned property that must be disclosed on Schedule E, see instructions.) Note. If the value of the gross estate, together with the amount of adjusted taxable gifts, is less than the basic exclusion amount and the 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 and Reg. section 20.2010-2T (a)(7)(ii) 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 four columns. Item number Description, including face amount of bonds or number of shares and par value for identification. Give CUSIP number. If trust, partnership, or closely held entity, give EIN. Unit value Alternate valuation date Alternate value Value at date of death CUSIP number or EIN, where applicable 1 Vacation Lodge Total from continuation schedules (or additional statements) attached to this schedule TOTAL. (Also enter on Part 5Recapitulation, page 3, at item 2.) . . . . . . . 2,400,000 . . . . . . (If more space is needed, attach the continuation schedule from the end of this package or additional statements of the same size.) Schedule BPage 10 Form 706 (Rev. 8-2013) Decedent's social security number Estate of: 123 45 6792 SCHEDULE CMortgages, Notes, and Cash (For jointly owned property that must be disclosed on Schedule E, see instructions.) Note. If the value of the gross estate, together with the amount of adjusted taxable gifts, is less than the basic exclusion amount and the 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 and Reg. section 20.2010-2T (a)(7)(ii) 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. Item number 1 Description Tract of undeveloped land Alternate valuation date Alternate value Value at date of death 3,000,000 Total from continuation schedules (or additional statements) attached to this schedule . . TOTAL. (Also enter on Part 5Recapitulation, page 3, at item 3.) . . . . . . . . . 3,000,000 (If more space is needed, attach the continuation schedule from the end of this package or additional statements of the same size.) Schedule CPage 11 Form 706 (Rev. 8-2013) Decedent's social security number Estate of: 123 45 6792 SCHEDULE DInsurance on the Decedent's Life You must list all policies on the life of the decedent and attach a Form 712 for each policy. Note. If the value of the gross estate, together with the amount of adjusted taxable gifts, is less than the basic exclusion amount and the 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 and Reg. section 20.2010-2T (a)(7)(ii) 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. Item number 1 Description Gertrude Alternate valuation date Alternate value Value at date of death 500,000 Total from continuation schedules (or additional statements) attached to this schedule . . TOTAL. (Also enter on Part 5Recapitulation, page 3, at item 4.) . . . . . . . . . 500,000 (If more space is needed, attach the continuation schedule from the end of this package or additional statements of the same size.) Schedule DPage 12 Form 706 (Rev. 8-2013) Decedent's social security number Estate of: 123 45 6792 SCHEDULE EJointly Owned Property (If you elect section 2032A valuation, you must complete Schedule E and Schedule A-1.) PART 1. Qualified Joint InterestsInterests Held by the Decedent and His or Her Spouse as the Only Joint Tenants (Section 2040(b)(2)) Note. If the value of the gross estate, together with the amount of adjusted taxable gifts, is less than the basic exclusion amount and the 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 and Reg. section 20.2010-2T (a)(7)(ii) 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. Item number Alternate valuation date Description. For securities, give CUSIP number. If trust, partnership, or closely held entity, give EIN. Value at date of death Alternate value CUSIP number or EIN, where applicable 1 1a 1b Family vacation lodge 2,400,000 Total from continuation schedules (or additional statements) attached to this schedule . . . Totals . . . . . . . . . . . . . . . Amounts included in gross estate (one-half of line 1a) . . . . . . . . . . . . . . . . . . . . . . . . . . . 1a 2,400,000 1b PART 2. All Other Joint Interests 2a State the name and address of each surviving co-tenant. If there are more than three surviving co-tenants, list the additional co-tenants on an attached statement. Name Address (number and street, city, state, and ZIP code) A. B. C. Item number Enter letter for co-tenant Description (including alternate valuation date if any). For securities, give CUSIP number. If trust, partnership, or closely held entity, give EIN Percentage includible Includible alternate value Includible value at date of death CUSIP number or EIN, where applicable 1 Total from continuation schedules (or additional statements) attached to this schedule . . . 2b Total other joint interests . . 3 Total includible joint interests (add lines 1b and 2b). Also enter on Part 5Recapitulation, page 3, at item 5 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2b 3 (If more space is needed, attach the continuation schedule from the end of this package or additional statements of the same size.) Schedule EPage 13 Form 706 (Rev. 8-2013) Decedent's social security number Estate of: 123 45 6792 SCHEDULE FOther Miscellaneous Property Not Reportable Under Any Other Schedule (For jointly owned property that must be disclosed on Schedule E, see instructions.) (If you elect section 2032A valuation, you must complete Schedule F and Schedule A-1.) Note. If the value of the gross estate, together with the amount of adjusted taxable gifts, is less than the basic exclusion amount and the 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 and Reg. section 20.2010-2T (a)(7)(ii) 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. Yes No 1 Did the decedent own any works of art, items, or any collections whose artistic or collectible value at date of death exceeded $3,000? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . If \"Yes,\" submit full details on this schedule and attach appraisals. 2 Has the decedent's estate, spouse, or any other person received (or will receive) any bonus or award as a result of the decedent's employment or death? . . . . . . . . . . . . . . . . . . . . . . . . . . If \"Yes,\" submit full details on this schedule. 3 Did the decedent at the time of death have, or have access to, a safe deposit box? . . . . . . . . . . . If ''Yes,'' state location, and if held jointly by decedent and another, state name and relationship of joint depositor. If any of the contents of the safe deposit box are omitted from the schedules in this return, explain fully why omitted. Item number Description. For securities, give CUSIP number. If trust, partnership, or closely held entity, give EIN Alternate valuation date Alternate value Value at date of death CUSIP number or EIN, where applicable 1 Total from continuation schedules (or additional statements) attached to this schedule . . TOTAL. (Also enter on Part 5Recapitulation, page 3, at item 6.) . . . . . . . . . (If more space is needed, attach the continuation schedule from the end of this package or additional statements of the same size.) Schedule FPage 14 Form 706 (Rev. 8-2013) Decedent's social security number Estate of: 123 45 6792 SCHEDULE GTransfers During Decedent's Life (If you elect section 2032A valuation, you must complete Schedule G and Schedule A-1.) Note. If the value of the gross estate, together with the amount of adjusted taxable gifts, is less than the basic exclusion amount and the 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 and Reg. section 20.2010-2T (a)(7)(ii) 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. Item number Description. For securities, give CUSIP number. If trust, partnership, or closely held entity, give EIN A. Gift tax paid or payable by the decedent or the estate for all gifts made by the decedent or his or her spouse within 3 years before the decedent's death (section 2035(b)) . . . . . . . . . . . . Transfers includible under sections 2035(a), 2036, 2037, or 2038: B. 1 Alternate valuation date Alternate value Value at date of death X X X X X Rental beach cottages 3,200,000 Total from continuation schedules (or additional statements) attached to this schedule . TOTAL. (Also enter on Part 5Recapitulation, page 3, at item 7.) . . . . . . . . . . 3,200,000 SCHEDULE HPowers of Appointment (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 and Schedule A-1.) Note. If the value of the gross estate, together with the amount of adjusted taxable gifts, is less than the basic exclusion amount and the 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 and Reg. section 20.2010-2T (a)(7)(ii) 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. Item number Description Alternate valuation date Alternate value Value at date of death 1 Total from continuation schedules (or additional statements) attached to this schedule . . . TOTAL. (Also enter on Part 5Recapitulation, page 3, at item 8.) . . . . . . . . . . (If more space is needed, attach the continuation schedule from the end of this package or additional statements of the same size.) Schedules G and HPage 15 Form 706 (Rev. 8-2013) Decedent's social security number Estate of: 123 45 6792 SCHEDULE IAnnuities Note. Generally, no exclusion is allowed for the estates of decedents dying after December 31, 1984 (see instructions). Note. If the value of the gross estate, together with the amount of adjusted taxable gifts, is less than the basic exclusion amount and the 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 and Reg. section 20.2010-2T (a)(7)(ii) 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. A Are you excluding from the decedent's gross estate the value of a lump-sum distribution described in section 2039(f)(2) (as in effect before its repeal by the Deficit Reduction Act of 1984)? . . . . . . . . . . . . If \"Yes,\" you must attach the information required by the instructions. Item number Description. Show the entire value of the annuity before any exclusions Alternate valuation date Includible alternate value Yes No . Includible value at date of death 1 Total from continuation schedules (or additional statements) attached to this schedule . . TOTAL. (Also enter on Part 5Recapitulation, page 3, at item 9.) . . . . . . . . . (If more space is needed, attach the continuation schedule from the end of this package or additional statements of the same size.) Schedule IPage 16 Form 706 (Rev. 8-2013) Decedent's social security number Estate of: 123 45 6792 SCHEDULE JFuneral Expenses and Expenses Incurred in Administering Property Subject to Claims Use Schedule PC to make a protective claim for refund due to an expense not currently deductible. For such a claim, report the expense on Schedule J but without a value in the last column. Note. Do not list expenses of administering property not subject to claims on this schedule. To report those expenses, see instructions. If executors' commissions, attorney fees, etc., are claimed and allowed as a deduction for estate tax purposes, they are not allowable as a deduction in computing the taxable income of the estate for federal income tax purposes. They are allowable as an income tax deduction on Form 1041, U.S. Income Tax Return for Estates and Trusts, if a waiver is filed to forgo the deduction on Form 706 (see Instructions for Form 1041). Yes No Are you aware of any actual or potential reimbursement to the estate for any expense claimed as a deduction on this schedule? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . If \"Yes,\" attach a statement describing the expense(s) subject to potential reimbursement. (see instructions) Item number Description Expense amount Total amount A. Funeral expenses: 1 Funeral expenses 25,000 Total funeral expenses . . . . . . . . . . . . . . . . . . B. Administration expenses: 1 Executors' commissionsamount estimated/agreed upon/paid. (Strike out the words that do not apply.) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 Attorney feesamount estimated/agreed upon/paid. (Strike out the words that do not apply.) . . 3 Accountant feesamount estimated/agreed upon/paid. (Strike out the words that do not apply.) . 4 Miscellaneous expenses: Appraisal fees and court costs Unpaid pledges to First Church 25,000 25,000 . . . 22,000 11,000 Expense amount 5,000 50,000 Total miscellaneous expenses from continuation schedules (or additional statements) attached to this schedule . . . . . . . . . . . . . . . . . . . . . Total miscellaneous expenses . . . . . . . . . . . . . . . . . . . . . . . . 55,000 TOTAL. (Also enter on Part 5Recapitulation, page 3, at item 14.) . . . . . . . . . . . . . 88,000 (If more space is needed, attach the continuation schedule from the end of this package or additional statements of the same size.) Schedule JPage 17 Form 706 (Rev. 8-2013) Decedent's social security number Estate of: 123 SCHEDULE KDebts of the Decedent, and Mortgages and Liens 45 6792 Use Schedule PC to make a protective claim for refund due to a claim not currently deductible. For such a claim, report the expense on Schedule K but without a value in the last column. Yes No 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 a statement describing the items subject to potential reimbursement. (see instructions) 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 a statement indicating the applicable provision and documenting the value of the claim. Item number 1 Debts of the DecedentCreditor and nature of debt, and allowable death taxes Amount Household bill Federal Income Tax 2 81,000 69,000 Total from continuation schedules (or additional statements) attached to this schedule . TOTAL. (Also enter on Part 5Recapitulation, page 3, at item 15.) . . . . . . . Item number Mortgages and LiensDescription . . . . . . . . . . . . 150,000 Amount 1 Total from continuation schedules (or additional statements) attached to this schedule . . . . . . . TOTAL. (Also enter on Part 5Recapitulation, page 3, at item 16.) . . . . . . . . . . . . . (If more space is needed, attach the continuation schedule from the end of this package or additional statements of the same size.) Schedule KPage 18 Form 706 (Rev. 8-2013) Decedent's social security number Estate of: 123 45 6792 SCHEDULE LNet Losses During Administration and Expenses Incurred in Administering Property Not Subject to Claims Item number Use Schedule PC to make a protective claim for refund due to an expense not currently deductible. For such expenses, report the expense on Schedule L but without a value in the last column. Net losses during administration (Note. Do not deduct losses claimed on a federal income tax return.) Amount 1 Total from continuation schedules (or additional statements) attached to this schedule . TOTAL. (Also enter on Part 5Recapitulation, page 3, at item 19.) . . . . . . . Item number Expenses incurred in administering property not subject to claims. (Indicate whether estimated, agreed upon, or paid.) . . . . . . . . . . . . Amount 1 Total from continuation schedules (or additional statements) attached to this schedule . . . . . . . TOTAL. (Also enter on Part 5Recapitulation, page 3, at item 20.) . . . . . . . . . . . . . (If more space is needed, attach the continuation schedule from the end of this package or additional statements of the same size.) Schedule LPage 19 Form 706 (Rev. 8-2013) Decedent's social security number Estate of: 123 45 6792 SCHEDULE MBequests, etc., to Surviving Spouse Note. If the value of the gross estate, together with the amount of adjusted taxable gifts, is less than the basic exclusion amount and the 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 and Reg. section 20.2010-2T (a)(7)(ii) for more information. If you are not required to report the value of an asset, identify the property but make no entry in the last column. Yes 1 2a b c d e 3 Did any property pass to the surviving spouse as a result of a qualified disclaimer? . . . . If ''Yes,'' attach a copy of the written disclaimer required by section 2518(b). In what country was the surviving spouse born? What is the surviving spouse's date of birth? Is the surviving spouse a U.S. citizen? . . . . . . . . . . . . . . . . . . . If the surviving spouse is a naturalized citizen, when did the surviving spouse acquire citizenship? If the surviving spouse is not a U.S. citizen, of what country is the surviving spouse a citizen? . . . . 1 . . . . 2c Election Out of QTIP Treatment of Annuities. Do you elect under section 2056(b)(7)(C)(ii) not to treat as qualified terminable interest property any joint and survivor annuities that are included in the gross estate and would otherwise be treated as qualified terminable interest property under section 2056(b)(7)(C)? (see instructions) . . Item number Description of property interests passing to surviving spouse. For securities, give CUSIP number. If trust, partnership, or closely held entity, give EIN No 3 Amount QTIP property: A1 All other property: B1 Total from continuation schedules (or additional statements) attached to this schedule . . . . . . . . Total amount of property interests listed on Schedule M . . . . . . . . . . . . . . . 4 Federal estate taxes payable out of property interests listed on Schedule M . . . 5a Other death taxes payable out of property interests listed on Schedule M . . . . 5b Federal and state GST taxes payable out of property interests listed on Schedule M 5c Add items 5a, 5b, and 5c . . . . . . . . . . . . . . . . . . . . . . . . . 5d Net amount of property interests listed on Schedule M (subtract 5d from 4). Also enter on Part 5 Recapitulation, page 3, at item 21 . . . . . . . . . . . . . . . . . . . . . . . 6 (If more space is needed, attach the continuation schedule from the end of this package or additional statements of the same size.) 4 5a b c d 6 Schedule MPage 20 Form 706 (Rev. 8-2013) Decedent's social security number Estate of: 123 45 6792 SCHEDULE OCharitable, Public, and Similar Gifts and Bequests Note. If the value of the gross estate, together with the amount of adjusted taxable gifts, is less than the basic exclusion amount and the 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 and Reg. section 20.2010-2T (a)(7)(ii) for more information. If you are not required to report the value of an asset, identify the property but make no entry in the last column. Yes 1a b According to the information and belief of the person or persons filing this return, is any such action planned? If ''Yes,'' full details must be submitted with this schedule. 2 No If the transfer was made by will, has any action been instituted to contest or have interpreted any of its provisions affecting the charitable deductions claimed in this schedule? . . . . . . . . . . . . . . . . . . If ''Yes,'' full details must be submitted with this schedule. Did any property pass to charity as the result of a qualified disclaimer? . . If ''Yes,'' attach a copy of the written disclaimer required by section 2518(b). Item number . . Name and address of beneficiary . . . . . . . . . . . Amount Character of institution 1 Total from continuation schedules (or additional statements) attached to this schedule . . . . . . . . . . . . . . . 3 . . . . . . 4d 3 Total . . . . . 4a Federal estate tax payable out of property interests listed above . . . . . 4a b Other death taxes payable out of property interests listed above . . . . . 4b Federal and state GST taxes payable out of property interests listed above . 4c c . . . . . . d Add items 4a, 4b, and 4c . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 Net value of property interests listed above (subtract 4d from 3). Also enter on Part 5Recapitulation, page 3, at item 22 . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 (If more space is needed, attach the continuation schedule from the end of this package or additional statements of the same size.) Schedule OPage 21 Form 706 (Rev. 8-2013) Decedent's social security number Estate of: 123 45 6792 SCHEDULE PCredit for Foreign Death Taxes List all foreign countries to which death taxes have been paid and for which a credit is claimed on this return. If a credit is claimed for death taxes paid to more than one foreign country, compute the credit for taxes paid to one country on this sheet and attach a separate copy of Schedule P for each of the other countries. The credit computed on this sheet is for the (Name of death tax or taxes) imposed in (Name of country) Credit is computed under the (Insert title of treaty or statute) Citizenship (nationality) of decedent at time of death (All amounts and values must be entered in United States money.) 1 Total of estate, inheritance, legacy, and succession taxes imposed in the country named above attributable to property situated in that country, subjected to these taxes, and included in the gross estate (as defined by statute) . 1 2 Value of the gross estate (adjusted, if necessary, according to the instructions) 2 . . . . . . . . . . . 3 Value of property situated in that country, subjected to death taxes imposed in that country, and included in the gross estate (adjusted, if necessary, according to the instructions) . . . . . . . . . . . . . . . 3 4 Tax imposed by section 2001 reduced by the total credits claimed under sections 2010 and 2012 (see instructions) 4 5 Amount of federal estate tax attributable to property specified at item 3. (Divide item 3 by item 2 and multiply the result by item 4.) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 6 Credit for death taxes imposed in the country named above (the smaller of item 1 or item 5). Also enter on line 13 of Part 2Tax Computation . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 SCHEDULE QCredit for Tax on Prior Transfers Part 1. Transferor Information Name of transferor IRS office where estate tax return was filed Social security number Date of death A B C Check here if section 2013(f) (special valuation of farm, etc., real property) adjustments to the computation of the credit were made (see instructions). Part 2. Computation of Credit (see instructions) Total A, B, & C Transferor Item A B C 1 Transferee's tax as apportioned (from worksheet, (line 7 line 8) line 35 for each column) . . . 2 Transferor's tax (from each column of worksheet, line 20) . . . . . . . . . . . . . 3 Maximum amount before percentage requirement (for each column, enter amount from line 1 or 2, whichever is smaller) . . . . . . . . . 4 Percentage allowed (each column) (see instructions) 5 Credit allowable (line 3 line 4 for each column) . % % % 6 TOTAL credit allowable (add columns A, B, and C of line 5). Enter here and on line 14 of Part 2Tax Computation . . . . . . . . . . . . Schedules P and QPage 22 Form 706 (Rev. 8-2013) SCHEDULE RGeneration-Skipping Transfer Tax Note. To avoid application of the deemed allocation rules, Form 706 and Schedule R should be filed to allocate the GST exemption to trusts that may later have taxable terminations or distributions under section 2612 even if the form is not required to be filed to report estate or GST tax. The GST tax is imposed on taxable transfers of interests in property located outside the United States as well as property located inside the United States. (see instructions) Part 1. GST Exemption Reconciliation (Section 2631) and Special QTIP Election (Section 2652(a)(3)) You no longer need to check a box to make a section 2652(a)(3) (special QTIP) election. If you list qualifying property in Part 1, line 9 below, you will be considered to have made this election. See instructions for details. 1 Maximum allowable GST exemption . . 1 2 3 Total GST exemption allocated by the decedent against decedent's lifetime transfers . . . . . Total GST exemption allocated by the executor, using Form 709, against decedent's lifetime transfers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 4 GST exemption allocated on line 6 of Schedule R, Part 2 . . . . . . . . . . . . . . 4 5 GST exemption allocated on line 6 of Schedule R, Part 3 . . . . . . . . . . . . . . 5 6 Total GST exemption allocated on line 4 of Schedule(s) R-1 . . . . . . . . . . . . . 6 7 Total GST exemption allocated to inter vivos transfers and direct skips (add lines 2-6) . . . . 7 8 GST exemption available to allocate to trusts and section 2032A interests (subtract line 7 from line 1) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 9 . . . . . . . . . . . . . . . . . . 3 Allocation of GST exemption to trusts (as defined for GST tax purposes): A B Name of trust Trust's EIN (if any) 9D Total. May not exceed line 8, above . 10 . . . . C . GST exemption allocated on lines 2-6, above (see instructions) . . . . . . D E Additional GST exemption allocated (see instructions) Trust's inclusion ratio (optionalsee instructions) 9D GST exemption available to allocate to section 2032A interests received by individual beneficiaries (subtract line 9D from line 8). You must attach special-use allocation statement (see instructions) . 10 Schedule RPage 23 Form 706 (Rev. 8-2013) Decedent's social security number Estate of: 123 45 6792 Part 2. Direct Skips Where the Property Interests Transferred Bear the GST Tax on the Direct Skips Name of skip person Estate tax value Description of property interest transferred 1 Total estate tax values of all property interests listed above . . . . . . . . . . . . . . 2 Estate taxes, state death taxes, and other charges borne by the property interests listed above . . 3 GST taxes borne by the property interests listed above but imposed on direct skips other than those shown on this Part 2 (see instructions) . . . . . . . . . . . . . . . . . . . . . 4 Total fixed taxes and other charges (add lines 2 and 3) . . . . . . . . . . . . . . . 5 Total tentative maximum direct skips (subtract line 4 from line 1) . . . . . . . . . . . . 6 GST exemption allocated . . . . . . . . . . . . . . . . . . . . . . . . . 7 Subtract line 6 from line 5 . . . . . . . . . . . . . . . . . . . . . . . . . 8 GST tax due (divide line 7 by 3.5) . . . . . . . . . . . . . . . . . . . . . . 9 Enter the amount from line 8 of Schedule R