Form 706 Schedule B: Stocks and Bonds

Updated September 22, 2026 • Verify current IRS instructions before filing.

What Schedule B is for

Schedule B of Form 706 is used for stocks and bonds in the gross estate. The current IRS instructions control what must be reported, how items are valued or deducted, and what supporting material is required.

Records to gather

Prepare issuer/security details, quantities, valuation-date prices and brokerage records. Keep source documents, valuations and workpapers with the estate file so every amount on the schedule can be traced to supporting records.

Preparation workflow

1. Identify items that belong on Schedule B under the current instructions.
2. Gather ownership, valuation or deduction support.
3. Enter each item consistently with the date-of-death valuation and related Form 706 schedules.
4. Reconcile the Schedule B total to the appropriate Form 706 recapitulation line.
5. Attach appraisals, statements or explanations when required.

Official IRS sources