Form 8939

Department of the Treasury 

Internal Revenue Service

Allocation of Increase in Basis for Property 

Acquired From a Decedent

File separately. Do NOT file with Form 1040. See below for filing address. 

To be filed for decedents dying after December 31, 2009, and before January 1, 2011.

OMB No. 1545-2203

2010

If this is an amended Form 8939, check here ▶ If filing this Form 8939 revokes a timely and otherwise valid section 1022 election, check here ▶ Part 1—Decedent and Executor

1a Decedent’s first (given) name and middle initial (and maiden name, if any) 1b Decedent’s last (family) name 2 Decedent’s Social Security No.

3 County, state, and ZIP code, or foreign country, of legal residence 

(domicile) at time of death

4 Check if decedent was a nonresident 

and was not a citizen of the U.S. See 

instructions. If checked, enter nationality 

(citizenship)

5 Date of death

6a Name of executor (see instructions)

6b Executor’s address (number and street including apartment or suite number; city, 

town, or post office; state; and ZIP code) and phone number

Phone no. ( ) 

6 c Executor’s social security number (see instructions)

Part 2—Basis Allocation Computation

7 Marital status of the decedent at time of death:

Married

Widow or widower—Name, SSN, and date of death of deceased spouse ▶

Single

Legally separated

Divorced—Date divorce decree became final ▶

8a Surviving spouse’s name 8b Spouse's social security number

9 Individuals (other than the surviving spouse), trusts, estates, or other entities who acquired property from the estate (see instructions). 

Name of individual, trust, estate, or other entity Taxpayer identification number

10 Built-in loss (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . 10

11 Capital loss carryforward (see instructions) . . . . . . . . . . . . . . . . . . . . 11 

12 Net operating loss carryforward (see instructions) . . . . . . . . . . . . . . . . . . 12 

12 a Add lines 10, 11, and 12 (see instructions) . . . . . . . . . . . . . . . . . . . . 12a 

12 b Enter $1,300,000 or $60,000 (see instructions) . . . . . . . . . . . . . . . . . . . 12b 

12 c General Basis Increase. Add the amounts on line 12a and line 12b (see instructions) . . . . . . . . 12c 

13 Enter the total amount of General Basis Increase allocated on all Schedules A line 4B, column (e)(i) (see 

instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 

14 Enter the total amount of Spousal Property Basis Increase allocated on all Schedules A line 4B, column (e)(ii) 

(see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is 

true, correct, and complete. I (executor) understand that if any other person files a Form 8939 or Form 706 (or Form 706-NA) with respect to this decedent or estate, that my 

name and address will be shared with such person, and I (executor) also hereby request the IRS share with me the name and address of any person who files a Form 8939 

or Form 706 (or Form 706-NA) with respect to this decedent or estate. Declaration of preparer other than the executor is based on all information of which preparer has any 

knowledge.

Sign 

Here

▲

Signature of executor ▲

Date

▲

Signature of executor ▲

Date

Paid 

Preparer 

Use Only

Print/Type preparer’s name Preparer’s signature Date Check if 

self-employed

PTIN

Firm’s name ▶ Firm’s EIN ▶

Firm’s address ▶ Phone no.

Send Form 8939 (including accompanying schedules and statements) to: Internal Revenue Service, Estate & Gift Stop 824G, 201 W. Rivercenter Blvd., 

Covington, KY 41011

For Privacy Act and Paperwork Reduction Act Notice, see the separate instructions for this form. Cat. No. 37755W Form 8939 (2010)
SCHEDULE A 

(Form 8939)

Department of the Treasury 

Internal Revenue Service

Disclosure of Property Acquired From 

the Decedent (and Recipient Statement) 

Recipients of Schedule A: For more information and details on the information shown on 

this schedule, see the instructions for Form 8939 and www.irs.gov/form8939.

Estate of:

Decedent’s Social Security Number

Number of 

Complete a separate Schedule A for each recipient of property, including the decedent’s estate. See instructions.

Part I General Information

1a Name of executor 1b Executor’s address (number and street including apartment or suite 

number; city, town, or post office; state; and ZIP code) and phone number.

Phone no. ( )

1c Estate's taxpayer identification number (TIN)

2a Name and address of recipient 2b Recipient’s taxpayer identification number (TIN)

Part II Property Information

3 For all property acquired from the decedent by the recipient named in line 2a the basis of which at the date of death is greater than or equal to its 

fair market value at the date of death, provide the following information. See instructions.

Item No.

(a) 

Description

of property

(b) 

Date decedent

acquired property

(c) 

Adjusted basis at 

death

(d) 

FMV 

at death

(e) 

Amount of gain 

that would be 

ordinary income

3A Totals from continuation schedules (or additional sheets) attached to this schedule

(If more space is needed, attach the continuation schedule at the end of this Form).

4 For all property acquired from the decedent by the recipient named in line 2a the basis of which at the date of death is less than fair market value 

at the date of death, provide the following information. By checking the box in column (e)(ii) on line 4 for each item of property that was sold prior 

to distribution and to which I am allocating Spousal Property Basis Increase, I hereby certify in accordance with section 4.02(3) of Revenue 

Procedure 2011-41 that all of the net proceeds from the sale of such property or property interest to which Spousal Property Basis Increase has 

been allocated will be distributed to or for the benefit of the surviving spouse in a manner that would qualify property as qualified spousal 

property, as defined in section 1022(c)(3). See instructions.

Item 

No.

(a) 

Description

of property

(b) 

Date decedent

acquired 

property

(c) 

Adjusted basis 

at death

(d) 

FMV at death

(e)* 

Allocation of basis increase 

(i) 

General basis 

increase

(ii) 

Spousal property 

basis increase

(f) 

Amount of gain 

that would be 

ordinary income

 

4A Totals from continuation schedules (or additional sheets) attached to this schedule

4B Total for columns (e)(i) and (e)(ii)

* The sum of the amounts in columns (e)(i) and (e)(ii) on each line cannot exceed the difference between the amounts in columns (c) and (d) on 

that line. 

Schedule A—Page 2
Form 8939 (2010) (Make copies of this schedule before completing if you will need more than one schedule).

Estate of:

Decedent’s Social Security Number

Number of 

SCHEDULE A, LINE 3 

CONTINUATION SHEET

Item No.

(a) 

Description

of the property

(b) 

Date decedent

acquired property

(c) 

Adjusted basis at 

death

(d) 

FMV 

at death

(e) 

Amount of gain 

 that would be 

ordinary income 

Totals for columns (c) and (d) Enter here and include on line 3A of Schedule A . . . .
Form 8939 (2010) (Make copies of this schedule before completing if you will need more than one schedule).

Estate of:

Decedent’s Social Security Number

Number of 

SCHEDULE A, LINE 4 

CONTINUATION SHEET

By checking the box in column (e)(ii) on line 4 for each item of property that was sold prior to distribution and to which I am allocating Spousal Property 

Basis Increase, I hereby certify in accordance with section 4.02(3) of Revenue Procedure 2011-41 that all of the net proceeds from the sale of such 

property or property interest to which Spousal Property Basis Increase has been allocated will be distributed to or for the benefit of the surviving 

spouse in a manner that would qualify property as qualified spousal property, as defined in section 1022(c)(3).

Item 

No.

(a) 

Description

of property

(b) 

Date decedent

acquired 

property

(c) 

Adjusted basis 

at death

(d) 

FMV at death

(e) 

Allocation of basis increase 

(i) 

General basis 

increase

(ii) 

Spousal property 

basis increase

(f) 

Amount of gain 

that would 

 be ordinary 

 income

 

Totals for columns (e)(i) and (e)(ii) Enter here and include on line 4A of Schedule A . . . . .
Form 8939 (2010)

Estate of:

Decedent’s Social Security Number

Number of 

SCHEDULE R—GENERATION-SKIPPING TAX EXEMPTION

Part 1. GST Exemption 

1 Maximum allowable GST exemption . . . . . . . . . . . . . . . . . . . . . 1 

2 Total GST exemption allocated by the decedent to decedent’s lifetime transfers . . . . . . . 2 

3 Total GST exemption allocated by the executor, using Form 709, to decedent’s lifetime transfers . 3 

4 GST exemption allocated on line 4 of Schedule R, Part 2 . . . . . . . . . . . . . . . 4 

5 Total GST exemption allocated on line 4 of Schedule(s) R-1 . . . . . . . . . . . . . . 5

6 Total GST exemption allocated to inter vivos transfers and direct skips (add lines 2–5) . . . . . 6

7 GST exemption available to allocate to trusts (subtract line 6 from line 1) . . . . . . . . . 7

8 Allocation of GST exemption to trusts (as defined for GST tax purposes):

A 

 

Name of trust

B 

 

Trust’s EIN (if any)

C 

GST exemption

allocated on lines 2–5,

above (see instructions)

D 

Additional GST exemption 

allocated (see instructions)

E 

Trust’s inclusion

ratio (optional—see

instructions)

8D Total. May not exceed line 7, above . . . . . . . . . . . . . . 8D

Schedule R—Page 3
Form 8939 (2010)

Estate of:

Decedent’s Social Security Number

Part 2. Direct Skips

Name of skip person Description of property interest transferred Value

1 Total value of all property interests listed above . . . . . . . . . . . . . . . . . . 1 

2 State death taxes and other charges borne by the property interests listed above . . . . . . 2 

3 Total tentative maximum direct skips (subtract line 2 from line 1) . . . . . . . . . . . . 3

4 GST exemption allocated . . . . . . . . . . . . . . . . . . . . . . . . . 4

Schedule R—Page 4
SCHEDULE R-1 

(Form 8939)

Department of the Treasury 

Internal Revenue Service

Direct Skips From a Trust

Executor: File one copy with Form 8939 and send two copies to the fiduciary. Do not pay any tax. See instructions for details.

Fiduciary: See instructions for details.

Name of trust Trust’s EIN

Name and title of fiduciary

Address of fiduciary (number and street)

City, state, and ZIP code

Name of decedent

Decedent’s SSN

Name of executor

Address of executor (number and street) City, state, and ZIP code

Date of decedent’s death

Description of property interests subject to the direct skip Value

1 Total value of all property interests listed above . . . . . . . . . . . . . . . . . . 1

2 State death taxes and other charges borne by the property interests listed above . . . . . . 2

3 Tentative maximum direct skip from trust (subtract line 2 from line 1) . . . . . . . . . . . 3

4 GST exemption allocated . . . . . . . . . . . . . . . . . . . . . . . . . 4

5 Subtract line 4 from line 3 . . . . . . . . . . . . . . . . . . . . . . . . . 5

Schedule R-1—Page 5