Fillable Form Ext-Fid - Fiduciary Extension Payment Worksheet

Form EXT-FID Instructions

If an estate or trust qualifies for an extension for any

Does a fiduciary need to complete this

other reason, but the estate or trust has not paid its entire

worksheet?

2015 income tax liability by April 18, 2016, the estate or

A fiduciary does not need to complete this worksheet if any

trust is relieved of the late file penalty but is not relieved of

of the following applies to an estate or trust:

the late payment penalty and interest on the outstanding

Montana income tax liability.

●

The estate's or trust's 2015 tax liability as reported on

Form FID-3, line 36 is $200 or less.

If a fiduciary does not pay the full amount of the 2015

income tax liability by April 18, 2016, an estate or trust will

●

The estate or trust paid 100% of its 2014 tax liability

be charged a late payment penalty. This penalty is equal

as reported on the 2014 Form FID-3, line 36.

to 1.2% per month or fraction of a calendar month on the

●

The estate or trust paid at least 90% of its 2015 tax

unpaid tax. This penalty cannot exceed 12% of the tax due.

liability as reported on the 2015 Form FID-3, line 36.

If the fiduciary does not pay the tax liability by April 18,

●

The estate or trust is a first-time filer.

2016, the estate or trust will be charged interest at a rate of

8% per year, accruing daily and beginning on the due date

●

The estate or trust had zero or negative taxable

of the return and continuing until the tax is paid.

income for 2014.

How does a fiduciary make an extension

How can a fiduciary of an estate or trust receive

payment?

an extension to file a Montana tax return?

A fiduciary will need to complete this form to determine the

Fiduciaries can be granted an automatic extension of time

amount of the extension payment for an estate or trust. If

of up to six months for filing a Montana income tax return if:

there is more than $1 on line 9, please pay the amount on

●

The estate or trust's 2015 tax liability is $200 or less.

line 9 on or before April 18, 2016. If an estate or trust is a

fiscal year taxpayer, the payment is due on or before the

●

The fiduciary paid 100% of the estate or trust’s 2014

15th day of the fourth month after the close of the tax year.

Montana income tax liability through estimated tax

payments, withholding, or a combination of both by

●

Pay electronically. Visit our website at revenue.

April 18, 2016.

mt.gov to make an extension payment.

●

The fiduciary paid 90% of the estate or trust’s 2015

○

Taxpayer Access Point (TAP) - pay with an

Montana income tax liability through estimated tax

e-check or credit/debit card.

payments, withholding, or a combination of both by

○

ACH Credit – register on our website to send

April 18, 2016.

payments from your online banking service.

●

The estate or trust is a first time filer.

Pay by personal check, money order or cashier's

●

The estate or trust had zero or negative taxable

check. If paying by personal check, money order or

income for 2014.

cashier's check, please complete the Montana Estate

or Trust Payment Voucher on the previous page.

An estate or trust has a valid Montana extension

Make the check payable to the Montana Department

but did not pay the entire 2015 income tax liability

of Revenue. Please remember to sign the check, and

by April 18, 2016. Is the outstanding Montana

write the federal identification number and "Tax Year

income tax liability subject to penalties and

2015-EXT" on the memo line. Mail the payment and

interest?

payment voucher to the following address:

It may be.

Montana Department of Revenue

PO Box 6309

If an estate or trust qualifies for an extension because

Helena, MT 59604-6309

its 2015 tax liability is $200 or less, the estate or trust

also qualifies for an extension to pay and will not be subject

Administrative Rules of Montana: 42.15.316

to penalties and interest if the 2015 income tax liability is

Questions? Please call us toll free at (866) 859-2254 (in

paid by the extended due date of the return.

Helena, 444-6900)

Form Ext-Fid - Fiduciary Extension Payment Worksheet - 2015 Page 2

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