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REV-1506 EX+ (3-15)
SCHEDULE C-2
PARTNERSHIP
INHERITANCE TAX RETURNINFORMATION REPORT
RESIDENT DECEDENT
START ESTATE OF FILE NUMBER
Ü
1. Name of Partnership _____________________________________________________ Date Business Commenced
Address _______________________________________________________________ Business Reporting Year
City ___________________________________________________________________ State________ ZIP Code
2. Federal Employer ID Number
3. Type of Business __________________________________________ Product/Service
4. Decedent waso a General oLimited partner. If decedent was a limited partner, provide initial investment $
PERCENTPERCENT BALANCE OF
5. PARTNER NAME OF INCOMEOF OWNERSHIPCAPITAL ACCOUNT
A.
B.
C.
D.
6. Value of the decedent’s interest $
7. Was the partnership indebted to the decedent? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .o. . Yes oNo
If yes, provide amount of indebtedness $
8. Was there life insurance payable to the partnership upon the death of the decedent? . . . .o. . Yes oNo
If yes, Cash Surrender Value $_________________________________ Net proceeds payable $
Owner of the policy
9. Did the decedent sell or transfer an interest in this partnership within one year prior to death or within two years if the date of death was
prior to 12-31-82?
oYes o No If yes, Transfer o Saleo Percentage transferred/sold
Transferee or Purchaser ________________________________ Consideration $____________________ Date
Attach a separate sheet for additional transfers and/or sales.
10. Was there a written partnership agreement in effect at the time of the decedent’s death? . . . .o. .Yes oNo
If yes, provide a copy of the agreement.
11. Was the decedent’s partnership interest sold? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .o . . . . Yes oNo
If yes, provide a copy of the agreement of sale, etc.
12. Was the partnership dissolved or liquidated after the decedent’s death? . . . . . . . . . . . . . . . . .o. .Yes . oNo
If yes, provide a breakdown of distributions received by the estate, including dates and amounts received.
13. Was the decedent related to any of the partners? oYes oNo . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
If yes, explain
14. Did the partnership have an interest in other corporations or partnerships? . . . . . . . . . . . . . . . oYes oNo
If yes, report the necessary information on a separate sheet, including a Schedule C-1 or C-2 for each interest.
THE FOLLOWING INFORMATION MUST BE SUBMITTED WITH THIS SCHEDULE
A. Detailed calculations used in the valuation of the decedent’s partnership interest.
B. Complete copies of financial statements or federal partnership income tax returns (Form 1065) for the year of death and four preceding years.
C. If the partnership owned real estate, submit a list showing the complete address/es and estimated fair market value/s. If real estate appraisals have
been secured, attach copies.
D. Any other information relating to the valuation of the decedent’s partnership interest.
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