Sch L Net Losses During Administration and Expenses Incurred i

Version A, Cycle 6

SCHEDULE L
(Form 706)
(August 2025)

Net Losses During Administration and Expenses Incurred
in Administering Property Not Subject to Claims

Department of the Treasury
Internal Revenue Service

OMB No. 1545-0015

Attach to Form 706.
Go to www.irs.gov/Form706 for instructions and the latest information.
Decedent’s social security number

Decedent’s name as it appears on Form 706

• Use Schedule PC (Form 706) to make a protective claim for refund due to an expense not currently deductible. For such expenses, report
the expense on Schedule L (Form 706) but without a value in the last column.
• If more space is needed, attach Schedule(s) W (Form 706) or additional statements.

Part I

Net Losses During Administration (see instructions)

1 Enter net losses during administration. You may deduct only those losses from thefts, fires, storms, shipwrecks, or other casualties that
occurred during the settlement of the estate. Deduct only the amounts not reimbursed by insurance or otherwise.
(i)
Item
number

(ii)
Net losses during administration
(Do not deduct losses claimed on a federal income tax return.)

(iii)
Amount

1

INTERNAL USE ONLY
DRAFT AS OF
March 12, 2025

2 Add all amounts in column (iii)

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3 Total net losses during administration from Schedule(s) W (Form 706) (or additional statements) attached
to this schedule
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4 Total net losses during administration. Add lines 2 and 3. Enter the amount on Form 706, Part V, item 19
For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Form 706.

Cat. No. 94780F

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Schedule L (Form 706) (8-2025)

Version A, Cycle 6
Page 2

Schedule L (Form 706) (8-2025)

Part II

Expenses Incurred in Administering Property Not Subject to Claims (see instructions)

5 Enter expenses incurred in administering property not subject to claims. Only deduct these expenses if they were paid before the
section 6501 period of limitations for assessment expired.
(i)
Item
number

(ii)
Expenses incurred in administering property not subject to claims
(Indicate whether estimated, agreed upon, or paid.)

(iii)
Amount

1

INTERNAL USE ONLY
DRAFT AS OF
March 12, 2025

6 Add all amounts in column (iii)

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7 Total expenses incurred in administering property not subject to claims from Schedule(s) W (Form 706) (or
additional statements) attached to this schedule . . . . . . . . . . . . . . . . . .

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8 Total expenses incurred in administering property not subject to claims. Add lines 6 and 7. Enter the
amount on Form 706, Part V, item 20 . . . . . . . . . . . . . . . . . . . . . .

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Schedule L (Form 706) (8-2025)