Instructions for Form 706-D - Notices
This is archived information that pertains only to the 2006 Tax Year. If you
are looking for information for the current tax year, go to the Tax Prep Help Area.
Privacy Act and Paperwork Reduction Act Notice.
We ask for the information on this form to carry out the Internal Revenue laws of the United States. Section 6109 requires
that you provide your
social security number; this is so we know who you are, and can process your Form 706-D. We need the information to figure
and collect the right
amount of tax. Subtitle B, Estate and Gift Taxes, of the Internal Revenue Code, imposes a tax in some cases on qualified heirs
when a section 2057(f)
“taxable event” occurs with respect to a QFOBI. Form 706-D is used to determine the amount, if any, of taxes owed.
Generally, tax returns and return information are confidential, as stated in section 6103. However, section 6103 allows or
requires the Internal
Revenue Service to disclose or give such information shown on your Form 706-D to the Department of Justice to enforce the
tax laws, both civil and
criminal, and to cities, states, the District of Columbia, U.S. commonwealths or possessions, and certain foreign governments
for use in administering
their tax laws. We may also disclose this information to other countries under a tax treaty, to federal and state agencies
to enforce federal nontax
criminal laws, or to federal law enforcement and intelligence agencies to combat terrorism.
If you are required to but do not file a Form 706-D, or do not provide theinformation requested on the form, or provide fraudulent
information,
you may be charged penalties and be subject to criminal prosecution.
You are not required to provide the information requested on a form that is subject to the Paperwork Reduction Act unless
the form displays a valid
OMB control number. Books or records relating to a form or its instructions must be retained as long as their contents may
become material in the
administration of any Internal Revenue law.
The time needed to complete and file this form will vary depending on individual circumstances. The estimated average time
is:
Recordkeeping |
39 min.
|
Learning about the law or the form |
45 min.
|
Preparing the form |
56 min.
|
Copying, assembling, and sending the form to the IRS |
34 min.
|
If you have comments concerning the accuracy of these time estimates or suggestions for making this form simpler, we would
be happy to hear from
you. You can write to the Internal Revenue Service, Tax Products Coordinating Committee, SE:W:CAR:MP:T:T:SP, 1111 Constitution
Ave. NW, IR-6406,
Washington, DC 20224. Do not send the tax form to this office. Instead, see Where To File on page 1.