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  • 2003 Form 706 Na Pdf

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Separate instructions. Attach supplemental documents and translations. Show amounts in U.S. dollars. Decedent, Executor, and Attorney Part I 1a Decedent s first (given) name and middle initial 3 Place of death b Decedent s last (family) name 2 U.S. taxpayer ID number (if any) 5 Citizenship (nationality) 4 Domicile at time of death 7a Date of birth b Place of birth 6 Date of death 8 Business or occupation 9a Name of executor In United States OMB No. 1545-0531 Estate of nonres.

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PART A. File the original Form 706-NA, which is due nine months after the decedent's date of death unless an extension of time to file was granted, at the address listed in the Instructions for Form 706-NA. The time frame for the IRS to process an estate tax return is six to nine months.

Form 706-NA is used to compute estate and generation-skipping transfer (GST) tax liability for nonresident not a citizen (NRNC) decedents. The estate tax is imposed on the transfer of the decedent's taxable estate rather than on the receipt of any part of it.

For those who wish to continue to receive estate tax closing letters, estates and their authorized representatives may call the IRS at (866) 699-4083 to request an estate tax closing letter no earlier than four months after the filing of the estate tax return.

An heir files this form to report the additional estate tax imposed by Internal Revenue Code section 2032A(c) for an early disposition of specially valued property or for an early cessation of a qualified use of specially valued property.

What's the difference between Form 706 and Form 709? Form 706 is filed by the executor of an estate on behalf of a deceased person to calculate estate tax owed, while the latter is filed by you to report gifts exceeding the annual exclusion.

About Form 709, United States Gift (and Generation-Skipping Transfer) Tax Return.

Changes in value that are due to the mere lapse of time are not considered for purposes of alternate valuation. Examples of assets that change in value because of the lapse of time are life estates, remainder interests, interests for a term of years, and patents.

An estate tax return (Form 706) must be filed if the gross estate of the decedent (who is a U.S. citizen or resident), increased by the decedent's adjusted taxable gifts and specific gift tax exemption, is valued at more than the filing threshold for the year of the decedent's death, as shown in the table below.

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232