Independent form guide. BrieflyGo is not affiliated with or endorsed by IRS, USCIS, SSA, DOL, or any U.S. government agency. Official forms are sourced from public government websites.

IRSEstate & Gift Tax (706/709 Series)

Official form guide

Form 706-SH: 706 (Schedule H)

Internal Revenue Service Form 706 is the United States Estate (and Generation-Skipping Transfer) Tax Return; Schedule H, attached to it, reports property subject to a general power of appointment. It is filed when the gross estate plus adjusted taxable gifts is less than the basic exclusion amount and the estate seeks to elect portability of the DSU amount.

Fillable formOpen in Editor->Download blank PDF

Need help with Form 706-SH?

Open it in the AI Editor for field guidance, checks, and PDF export.

Fillable formOpen in Editor->

Form Overview

IRS Form 706-SH - 706 (Schedule H)

Internal Revenue Service Form 706 is the United States Estate (and Generation-Skipping Transfer) Tax Return; Schedule H, attached to it, reports property subject to a general power of appointment. It is filed when the gross estate plus adjusted taxable gifts is less than the basic exclusion amount and the estate seeks to elect portability of the DSU amount.

Schedule H collects details of each property subject to a general power of appointment, including description (line 1) and its value either on the alternate valuation date (column iv) or at death (column v). Lines 2‑4 total those values and feed the amount into Form 706 Part V, item 8.

Risk Radar

Scan points
  • 1Not stated in the official source.
  • 2Omitting “5 and 5 lapsing” powers (section 2041(b)(2)) that the decedent held.
  • 3Failing to complete Schedule T when electing section 2032A valuation.
  • 4Leaving columns (iv) and (v) blank for a reported asset instead of entering the appropriate value.
  • 5Not adding the amounts on line 2 or line 3, resulting in an incorrect total on line 4.

Plain English

Schedule H is used to list any property that the deceased person could control through a general power of appointment. It shows the property’s description and its value either on the alternate valuation date or at death. The totals are then carried onto the main estate tax return.

Submission Date

  • Filing date: 2025-08-27 22:10:14
  • Preparation window: collect IDs, supporting records, and signatures in advance.
  • Final review: verify names, dates, and required fields before submission.

AI co-pilot

Fill it faster. Catch mistakes before you file.

Explains confusing fields in plain English
Flags missing signatures, dates, IDs, and attachments
Keeps the PDF ready for editor, send, and proof flows
Open AI workspace->

Glossary Terms

united statesvaluationtransfergeneralcontrolestategrosselect

Hover a term to preview the meaning.

What this form is for

  • Use this form when you need to report property subject to a general power of appointment on Form 706, including when electing section 2032A valuation or portability of the DSUE amount.
  • Do not use it when the estate has no property subject to a general power of appointment.
  • Check Schedule T (Form 706) instead when you elect section 2032A valuation.

Form selector

Use this form or another form?

Electing section 2032A valuation

Provides required valuation details for section 2032A election

✓ Confirm election of section 2032A on Form 706

Schedule T (Form 706)

Need additional lines for many properties

Allows extra rows beyond Schedule H capacity

✓ Verify total properties exceed Schedule H limit

Schedule W (Form 706)

Filing Form 706 estate tax return

Main return that includes Schedule H totals

✓ Ensure Schedule H totals are entered on Part V, item 8

Form 706

Deadline or filing window

Not stated in the official source.

Checklist

What you need before filling it out

1

Decedent’s name as it appears on Form 706

Legal name of decedent · Form 706 header

⚠ Misspelling or omission✕ Medium
2

Decedent’s social security number

SSN number · Form 706 header

⚠ Transposition error✕ High
3

Property description (column ii)

Detailed description of property subject to general power · Schedule H, column (ii)

⚠ Leaving description vague✕ Medium
4

Alternate valuation date (column iii)

Date chosen for alternate valuation · Schedule H, column (iii)

⚠ Leaving blank when alternate value used✕ Low
5

Value at date of death (column v)

Fair market value at death · Schedule H, column (v)

⚠ Using incorrect valuation method✕ High

Before you submit

  1. 1Enter the decedent’s name exactly as on Form 706
  2. 2Enter the decedent’s social security number
  3. 3List each property with an item number
  4. 4Provide a clear description of each property
  5. 5Enter an alternate valuation date if applicable
  6. 6Enter an alternate value if using the alternate date
  7. 7Add all amounts in column (iv) or (v) on line 2
  8. 8Add any totals from attached Schedule W on line 3
  9. 9Calculate the combined total on line 4 and transfer to Form 706 Part V, item 8
  10. 10Attach Schedule H to the completed Form 706

How to file this form

  1. 1Complete Schedule H entries for each property subject to a general power of appointment
  2. 2Calculate totals for columns (iv) and (v) and record them on lines 2 and 3
  3. 3Add lines 2 and 3 to obtain the line 4 total
  4. 4Enter the line 4 total on Form 706 Part V, item 8
  5. 5Attach Schedule H and any required Schedule W statements to Form 706
  6. 6Mail the assembled return to the IRS address indicated in the Form 706 instructions and retain a copy as proof of filing

Known limitations

  1. 1Not required when no property is subject to a general power of appointment
  2. 2If you are not required to report the value of an asset, you may leave the last three columns blank
  3. 3When filing solely to elect portability, assets eligible for marital or charitable deduction may be omitted if not required

Field map

Compact field-by-field guide

7 fields

Decedent Info

2 items

Decedent Name and Date of Death

Full legal name and date of death of the deceased individual.

Requiredtext
EIN for Estate

Employer Identification Number assigned to the estate.

Requiredein

Executor

1 items

Executor or Representative

Name, address, and contact information of the appointed executor.

Requiredtext

Assets

1 items

Gross Estate Value

Total value of all assets owned by the decedent at time of death.

Requiredamount

Deductions

1 items

Total Deductions

Funeral expenses, debts, administrative costs, and charitable bequests.

Requiredamount

Tax

1 items

Estate Tax

Tax calculated on taxable estate exceeding the applicable exemption amount.

Requiredamount

Signatures

1 items

Executor Signature

The appointed executor must sign under penalty of perjury.

Requiredsignature
This compact map shows typical fields for this form type. The AI Editor gives precise field guidance after you open the PDF.

Almost done reviewing the fields?

Fillable formOpen in Editor->
Current form status
IRS

The form is dated August 2025 and the source points to www.irs.gov/Form706 for the latest information; no change details are provided.

What changed or needs a fresh check

  • Edition date — confirm the revision reads August 2025 on the form
  • Fee — Not stated in the official source — verify on the agency site
  • Mailing address — Not stated in the official source — verify on the agency site
  • Signature — Not stated in the official source — verify on the agency site

Form Preview

Form 706-SH page 1

Page 1

Form 706-SH page 2

Page 2

Open in AI Editor →

Quick Facts

Not stated in the official source.
Schedule H collects details of each property subject to a general power of appointment, including description (line 1) and its value either on the alternate valuation date (column iv) or at death (column v). Lines 2‑4 total those values and feed the amount into Form 706 Part V, item 8.
Not stated in the official source.
Not stated in the official source.
Not stated in the official source.
First, attach Schedule H to Form 706. Then list each property on line 1 with its description and valuation, using column iv for alternate values or column v for death‑date values. Add the amounts on line 2 (or line 3 for Schedule W totals) and compute the final total on line 4, which is entered on Form 706 Part V, item 8. No separate signature line appears on Schedule H; the signature on Form 706 covers it.

Downloads

Blank Form 706-SH↗

Fill Form 706-SH

AI-powered guidance for every field

Fillable formOpen in Editor->

Free to start / No account required

After you file

  1. 1Keep the signed copy of Schedule H and attached schedules for at least seven years
  2. 2Monitor for an IRS acknowledgment or notice of acceptance
  3. 3If an error is discovered, file an amended Form 706 with corrected Schedule H information
  4. 4Retain any attached Schedule W statements with your records
  5. 5Store the certified mail receipt or electronic confirmation as proof of submission

Sources

  • SRCForm p.1 — revision date reads August 2025
  • SRCForm p.1 — directs to www.irs.gov/Form706 for instructions and latest information
  • SRCForm p.1 — states to include “5 and 5 lapsing” powers (section 2041(b)(2)) held by the decedent
  • SRCForm p.1 — requires Schedule H when electing section 2032A valuation
  • SRCForm p.1 — instructs to attach Schedule(s) W (Form 706) if more space is needed
  • SRCForm p.2 — line 2 adds all amounts in column (iv) or (v)
  • SRCForm p.2 — line 4 directs totals to Form 706 Part V, item 8
  • SRCForm p.1 — notes that if not required to report asset value, identify property but leave last three columns blank

Common confusion points

Do I need to fill columns (iv) and (v) for every property?

Both columns are for alternate valuation; only one is required based on election

→ Check if an alternate valuation date is elected; fill only the applicable column

Should I report assets eligible for marital deduction on Schedule H?

Instructions discuss whether to report when filing solely for portability

→ Review the portability filing instructions and include only required assets

What does “5 and 5 lapsing” mean?

Phrase appears in the header but is not explained in the excerpt

→ Refer to the full Form 706 instructions for definition

Do I need to list a property if I am not required to report its value?

Source says identify the property but make no entries in the last three columns when not required

→ Confirm requirement status and leave columns (iii)-(v) blank

When should I use Schedule T instead of Schedule H?

Source links Schedule T to a section 2032A valuation election

→ Verify election of section 2032A on Form 706

Where do I enter the total from Schedule H on Form 706?

Source states totals go to Part V, item 8

→ Enter line 4 total on Form 706 Part V, item 8

Workflow map

Related forms and next steps

5 signals

Before

Form 706 — main estate tax return that must be filed prior to attaching Schedule H

Current

706-SH

After

Form 706 Part V, item 8 — receives total from Schedule H

Often used with

Schedule T (Form 706) — required when electing section 2032A valuationSchedule W (Form 706) — attach if additional rows are needed beyond Schedule H

⚠ If something goes wrong

  • Form 706 — file an amended return to correct Schedule H errors

Questions about IRS Form 706-SH

What is IRS Form 706-SH used for?

Schedule H is used to list any property that the deceased person could control through a general power of appointment. It shows the property’s description and its value either on the alternate valuation date or at death. The totals are then carried onto the main estate tax return.

What information does IRS Form 706-SH require?

Schedule H collects details of each property subject to a general power of appointment, including description (line 1) and its value either on the alternate valuation date (column iv) or at death (column v). Lines 2‑4 total those values and feed the amount into Form 706 Part V, item 8.

How do I complete IRS Form 706-SH?

First, attach Schedule H to Form 706. Then list each property on line 1 with its description and valuation, using column iv for alternate values or column v for death‑date values. Add the amounts on line 2 (or line 3 for Schedule W totals) and compute the final total on line 4, which is entered on Form 706 Part V, item 8. No separate signature line appears on Schedule H; the signature on Form 706 covers it.

Do I need to fill columns (iv) and (v) for every property?

Both columns are for alternate valuation; only one is required based on election Check if an alternate valuation date is elected; fill only the applicable column

Should I report assets eligible for marital deduction on Schedule H?

Instructions discuss whether to report when filing solely for portability Review the portability filing instructions and include only required assets

What does “5 and 5 lapsing” mean?

Phrase appears in the header but is not explained in the excerpt Refer to the full Form 706 instructions for definition

Do I need to list a property if I am not required to report its value?

Source says identify the property but make no entries in the last three columns when not required Confirm requirement status and leave columns (iii)-(v) blank

When should I use Schedule T instead of Schedule H?

Source links Schedule T to a section 2032A valuation election Verify election of section 2032A on Form 706

Ready to get started?

Upload the form or open it in the AI Editor for intelligent guidance

Fillable formOpen in Editor->

Source transparency

Copyright & Licensing - US Government Forms

Independent guide

BrieflyGo links to and explains official public form sources. We are not a government agency, and this page is for general form guidance, not legal advice.

Public DomainCreated by the U.S. federal government. Not subject to copyright (17 USC § 105). Freely copyable without restriction.
Public DomainCreated by the U.S. federal government. Not subject to copyright (17 USC § 105). Freely copyable without restriction.
Public DomainCreated by the U.S. federal government. Not subject to copyright (17 USC § 105). Freely copyable without restriction.
Public DomainCreated by the U.S. federal government. Not subject to copyright (17 USC § 105). Freely copyable without restriction.
Verify current license terms with the source agency before reuse outside this platform.

Understand the agreement before you sign it.

Review risky clauses in plain English, fix the document, and keep it moving toward signature.

Review a contract free →