Form Sch R-1 Sch R-1 Generation-Skipping Transfer Tax

SCHEDULE R-1
(Form 706)

Generation-Skipping Transfer Tax

(Rev. September 2009)
Department of the Treasury
Internal Revenue Service

Direct Skips From a Trust

OMB No. 1545-0015

Payment Voucher

Executor: File one copy with Form 706 and send two copies to the fiduciary. Do not pay the tax shown. See the separate instructions.
Fiduciary: See instructions on the following page. Pay the tax shown on line 6.
Name of trust

Trust’s EIN

Name and title of fiduciary

Name of decedent

Address of fiduciary (number and street)

Decedent’s SSN

City, state, and ZIP code

Name of executor

Address of executor (number and street)

City, state, and ZIP code

Date of decedent’s death

Filing due date of Schedule R, Form 706 (with extensions)

Service Center where Form 706 was filed

Part 1. Computation of the GST Tax on the Direct Skip
Description of property interests subject to the direct skip

1
2
3
4
5
6

Total estate tax value of all property interests listed above
Estate taxes, state death taxes, and other charges borne by the property interests listed above
Tentative maximum direct skip from trust (subtract line 2 from line 1)
GST exemption allocated
Subtract line 4 from line 3
GST tax due from fiduciary (divide line 5 by 3.222222). (See instructions if property will not
bear the GST tax.)

Estate tax value

1
2
3
4
5
6

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.

Signature(s) of executor(s)

Date

Date

Signature of fiduciary or officer representing fiduciary

Schedule R-1—Page 36

Date

Form 706 (Rev. 9-2009)

Instructions for the Trustee

Introduction

Schedule R-1 (Form 706) serves as a payment voucher for the Generation-Skipping Transfer
(GST) tax imposed on a direct skip from a trust, which you, the trustee of the trust, must pay.
The executor completes the Schedule R-1 (Form 706) and gives you two copies. File one copy
and keep one for your records.

How to pay

You can pay by check or money order.
● Make it payable to the “United States Treasury.”
● Make the check or money order for the amount on line 6 of Schedule R-1.
● Write “GST Tax” and the trust’s EIN on the check or money order.

Signature

You must sign the Schedule R-1 in the space provided.

What to mail

Mail your check or money order and the copy of Schedule R-1 that you signed.

Where to mail

Mail to the Department of the Treasury, Internal Revenue Service Center, Cincinnati, OH 45999.

When to pay

The GST tax is due and payable 9 months after the decedent’s date of death (shown on the
Schedule R-1). You will owe interest on any GST tax not paid by that date.

Automatic
extension

You have an automatic extension of time to file Schedule R-1 and pay the GST tax. The
automatic extension allows you to file and pay by 2 months after the due date (with
extensions) for filing the decedent’s Schedule R (shown on the Schedule R-1).
If you pay the GST tax under the automatic extension, you will be charged interest (but no
penalties).

Additional
information

For more information, see section 2603(a)(2) and the Instructions for Form 706, United States
Estate (and Generation-Skipping Transfer) Tax Return.

Schedule R-1—Page 37