When someone passes away, what the person passes down to his or her beneficiaries may be subject to federal estate taxes. If the decedent “skips” a generation in passing along assets then it may ...
What Is Form 706-GS(D): Generation-Skipping Transfer Tax Return For Distributions? Form 706-GS(D) is a tax form distributed by the Internal Revenue Service (IRS) that is used to calculate taxes due on ...
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