United States Estate (and Generation-Skipping Transfer) Tax Return

ICR 202506-1545-008

OMB: 1545-0015

Federal Form Document

ICR Details
1545-0015 202506-1545-008
Received in OIRA 202311-1545-008
TREAS/IRS
United States Estate (and Generation-Skipping Transfer) Tax Return
Revision of a currently approved collection   No
Regular 06/30/2025
  Requested Previously Approved
36 Months From Approved 02/28/2027
25,037 14,267
254,424 517,090
0 0

The federal estate tax is a tax on the transfer of property at death. It is applied to estates for which at-death gross assets ("gross estate") plus adjusted taxable gifts exceed the filing threshold. Chapter 11 of the Internal Revenue Code (IRC) provides the rules and requirements for estate taxes. IRC section 2001 imposes a tax on the transfer of the taxable estate of every decedent who was a citizen or resident of the United States. Chapter 13 of the IRC provides rules and requirements for certain generation-skipping transfers (GST). IRC section 2601 imposes a tax on a GST. Form 706 and related forms are used to report and compute both taxes. IRC section 2603(a)(2) provides that the GST tax imposed on a direct skip from a trust must be paid by the trustee (not the estate). This information collection request (ICR) covers the actual reporting burden associated with preparing and submitting the prescribed return forms, by executors required to file Form 706 and any of its affiliated forms.

US Code: 26 USC 2001 Name of Law: Imposition and rate of tax
   US Code: 26 USC 2601 Name of Law: Tax imposed
   US Code: 26 USC 2603 Name of Law: Liability for tax
  
None

Not associated with rulemaking

  90 FR 14520 04/02/2025
90 FR 27391 06/26/2025
No

1
IC Title Form No. Form Name
Schedule R-1 - Generation-Skipping Transfer Tax (Form 706) Sch R-1 Generation-Skipping Transfer Tax
United States Estate (and Generation-Skipping Transfer) Tax Return Sch D, Sch K, Sch O, Sch R, Sch W , 706, Sch A, Sch B, Sch C, Sch E , Sch F, Sch G, Sch H , Sch I, Sch J , Sch L, Sch M, Sch P, Sch PC, Sch Q , 706-A, Sch R-1, Sch T, Sch U, 706-CE , 706-GS(D), 706-GS(D-1), 706-GS(T), 706-NA, 706-QDT United States Estate (and Generation-Skipping Transfer) Tax Return ,   Real Estate ,   Stocks and Bonds ,   Mortgages, Notes, and Cash ,   Insurance on the Decedent's Life ,   Jointly Owned Property ,   Other Miscellaneous Property Not Reportable Under Any Other Schedules ,   Transfers During Decedent's Life ,   Powers of Appointment ,   Annuities ,   Funeral Expenses and Expenses Incurred in Administering Property Subject to Claims ,   Debts, Mortgages, and Liens ,   Net Losses During Administration and Expenses Incurred in Administering Property Not Subject to Claims ,   Bequests, etc., to Surviving Spouse ,   Charitable, Public, and Similar Gifts and Bequests ,   Credit for Certain Foreign Taxes ,   Protective Claim for Refund ,   Credit for Tax on Prior Transfers ,   Generation-Skipping Transfer Tax ,   Generation-Skipping Transfer Tax ,   Section 2032A Property Valuation ,   Qualified Conservation Easement Exclusion ,   Continuation Schedule for Form 706 Schedules ,   United States Additional Estate Tax Return ,   Certificate of Payment of Foreign Death Tax ,   Generation-Skipping Transfer Tax Return for Distributions ,   Notification of Distribution From a Generation-Skipping Trust ,   Generation-Skipping Transfer Tax Return for Terminations ,   United States Estate (and Generation-Skipping Transfer) Tax Return Estate of Nonresident Not a Citizen of the United States ,   U.S. Estate Tax Return for Qualified Domestic Trusts

  Total Request Previously Approved Change Due to New Statute Change Due to Agency Discretion Change Due to Adjustment in Estimate Change Due to Potential Violation of the PRA
Annual Number of Responses 25,037 14,267 0 -200 10,970 0
Annual Time Burden (Hours) 254,424 517,090 0 -268 -262,398 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
Yes
Changing Forms
Changes in the layout of the forms along with updated burden estimates will increase the annual responses by 10,770 and decrease the annual estimated burden by 262,666 hours.

$297,408
No
    Yes
    Yes
No
No
No
No
Patricia Palacios 559 550-8723

  No

On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
 
 
 
 
 
 
 
    (i) Why the information is being collected;
    (ii) Use of information;
    (iii) Burden estimate;
    (iv) Nature of response (voluntary, required for a benefit, or mandatory);
    (v) Nature and extent of confidentiality; and
    (vi) Need to display currently valid OMB control number;
 
 
 
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.
06/30/2025


© 2025 OMB.report | Privacy Policy