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Application for Extension of Time to File Inheritance Tax Return Application for Extension of Time to File Inheritance Tax Retur Form

Application for Extension of Time to File Inheritance Tax Return Application for Extension of Time to File Inheritance Tax Retur Form

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In 2023, a United States Estate Tax Return,  Form 706, is required if a person dies owning   more than $12.92 million in assets. Estates  under this amount may elect to file a return so   surviving spouse can receive a deceased partner's  unused federal exemption, known as portability.   Seventeen states also have some form of estate or  inheritance tax, often with a lower threshold. For   example, Minnesota requires an estate tax return  for estates with a value of $3 million or more.   If you end up needing to file an estate tax  return, knowing what to expect can help the   process move more quickly and smoothly. A federal  estate tax return is due nine months from the   deceased's date of death. An extension can be  filed to extend the due date for six months.   Many state estate tax returns are automatically  extended when a federal extension is filed. If a   federal return won't be filed, a state extension  request is typically

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