Form 706 (Schedule Q) — Credit for Tax on Prior Transfers

Official source: IRS Forms, Instructions & Publications (https://www.irs.gov/pub/irs-pdf/f706sq.pdf), retrieved 2026-10-03. U.S. Government work (17 U.S.C. § 105).

SCHEDULE Q (Form 706) (August 2025)

Department of the Treasury Internal Revenue Service

Credit for Tax on Prior Transfers¶

Attach to Form 706. Go to www.irs.gov/Form706 for instructions and the latest information.

OMB No. 1545-0015

Decedent’s name as it appears on Form 706 Decedent’s social security number

Part I Transferor Information

Enter the transferor information. If you are figuring the credit for more than 3 transferors, see instructions.

Name of transferor Social security number Date of death

Check here if section 2013(f) (special valuation of farm, etc., real property) adjustments to the computation of the credit were made. See instructions.

Part II Computation of Credit (see instructio	ons)
Item	Transferor	Transferor	Transferor	Total A, B, and C
Item	A	B	C	C
1 Transferee’s tax as apportioned, from the worksheet for each column, divide line 7 by line 8, and multiply the result by line 35 . . . . . . . . . .
2 Transferor’s tax. From the worksheet for each column, line 20 . . . . . . . . . . .
3 Maximum amount before percentage requirement. For each column, enter the smaller of line 1 or 2 .
4 Percentage allowed. For each column, see instructions . . . . . . . . . . . .	%	%	%	%
5 Credit allowable. For each column, multiply line 3 by line 4 . . . . . . . . . . . . . .
6 Total credit allowable. Add columns A, B, and C of line 5. Enter here and on Form 706, Part II, line 14 .

For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Form 706. Cat. No. 94768X Schedule Q (Form 706) (8-2025) Created 3/18/25

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