Form 706-QDT

Form 706-QDT

A form one files with the IRS to declare the estate tax liability for distributions from a qualified domestic trust or for the remaining value of the trust after the death of a second spouse.
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IRS form 706-QDT is due on the 15th day of the month following a distribution of non-hardship principal to the non-U.S.
Even though the distributions for hardship are tax free, they must be reported on Form 706-QDT, U.S.
The trustee reports and pays the withheld amounts to the Internal Revenue Service on Form 706-QDT.
The tax is reported and paid with the new Form 706-QDT, "U.S.
Regardless of whether all distributions are made for hardship purposes, a Form 706-QDT must still be filed.