Inst 706-D(redirected from Inst 706D)
A form the IRS publishes giving the instructions for Form 706-D, which one files to declare certain taxable events related to the business interests of the heir of an estate. When one files a Form 706 to declare an estate tax liability, one may be able to deduct for the portions of one's business owned by heirs. If the heir sells this interest, or some other taxable event occurs, one must file Form 706-D to declare any additional tax liability brought about by the loss of this deduction.
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