The Internal Revenue Service has released a 12/18/2015 draft of a new Form 8971 for reporting basis information in accordance with new IRC section 6035 for assets held by a decedent and reported on a federal estate tax return (Form 706) filed on or after August 1, 2015.

As previously reported, the IRS has delayed the due date for the new reporting requirements until February 29, 2016.  See Notice 2015-57.