If you have need assistance with using EFTPS contact EFTPS Tax Payment Customer Service at 80 (Businesses) or 80 (Individuals).Note that when using EFTPS you will not use the table of codes listed below.
Please consider that due to COVID-19-related office closures, delays in issuing PINs may occur.
#2016 extension form estate tax return how to#
Instructions on how to use the Electronic Federal Tax System (EFTPS) are found in Publication 4990 PDF (do not use Publication 4990 for the same-day wire payment method).
#2016 extension form estate tax return pdf#
However, if, the sum of the value of the decedent’s gross estate and the total amount of the decedent’s adjusted taxable gifts is less than the filing threshold, Revenue Procedure 2022-32 PDF provides a simplified method for certain taxpayers to obtain an extension of time to make a “portability” election under § 2010(c)(5)(A) of the Internal Revenue Code. If the filing threshold has been met, or in other words, if, independent of the portability election, the estate is required to file an estate tax return based on the total value of the gross estate and the amount of any adjusted taxable gifts, no extension of time to elect portability is available and Revenue Procedure 2022-32 PDF does not apply. If the estate representative did not file an estate tax return within nine months after the decedent's date of death, or within fifteen months of the decedent's date of death (if a six month extension of time for filing the estate tax return had been obtained), the availability of an extension of time to elect portability of the Deceased Spousal Unused Exclusion (DSUE) amount depends on whether the estate has a filing requirement, based on the filing threshold provided under § 6018(a). Assets Must File Estate Tax Returns to learn more. citizen if the decedent had U.S.-situated assets.
The election to transfer a DSUE amount to a surviving spouse is known as the portability election.Īn estate tax return may need to be filed for a decedent who was a nonresident and not a U.S. citizen or resident and decedent's death occurred in 2016, an estate tax return (Form 706) must be filed if the gross estate of the decedent, increased by the decedent's adjusted taxable gifts and specific gift tax exemption, is valued at more than the filing threshold for the year of the decedent's death.