Form Fid With Instructions - Fiduciary Extension Payment Worksheet - 2013 Page 2
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2Form EXT-FID Instructions
If an estate or trust qualifi es for an extension for any
Does a fi duciary need to complete this
other reason, but the estate or trust has not paid its entire
worksheet?
2013 income tax liability by April 15, 2014, the estate or
A fi duciary does not need to complete this worksheet if any
trust is relieved of the late fi le 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 2013 tax liability as reported on
Form FID-3, line 50 is $200 or less.
If a fi duciary does not pay the full amount of the 2013
income tax liability by April 15, 2014, an estate or trust will
●
The estate or trust paid 100% of its 2012 tax liability
be charged a late payment penalty. This penalty is equal
as reported on the 2012 Form FID-3, line 50.
to 1.2% per month or fraction of a calendar month on the
●
The estate or trust paid at least 90% of its 2013 tax
unpaid tax. This penalty cannot exceed 12% of the tax due.
liability as reported on the 2013 Form FID-3, line 50.
If the fi duciary does not pay the tax liability by April 15,
●
The estate or trust is a fi rst-time fi ler.
2014, 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 2012.
How does a fi duciary make an extension
How can a fi duciary of an estate or trust receive
payment?
an extension to fi le a Montana tax return?
A fi duciary 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 fi ling a Montana income tax return if:
there is more than $1 on line 9, please pay the amount on
●
The estate or trust's 2013 tax liability is $200 or less.
line 9 on or before April 15, 2014. If an estate or trust is a
fi scal year taxpayer, the payment is due on or before the
●
The fi duciary paid 100% of the estate or trust’s 2012
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. An extension payment can be
•
April 15, 2014.
made electronically by e-check or credit card on TAP or
submit an ACH credit through your fi nancial institution.
●
The fi duciary paid 90% of the estate or trust’s 2013
Please visit our website at revenue.mt.gov under
Montana income tax liability through estimated tax
Online Services. There is no fee for an e-check, but a
payments, withholding, or a combination of both by
small fee is applied for a credit card payment.
April 15, 2014.
●
The estate or trust is a fi rst time fi ler.
•
Pay by personal check, money order or cashier's
check. If paying by personal check, money order or
●
The estate or trust had zero or negative taxable
cashier's check, please complete the Montana Estate
income for 2012.
or Trust Payment Voucher on the previous page.
Make the check payable to the Montana Department
An estate or trust has a valid Montana extension
of Revenue. Please remember to sign the check, and
but did not pay the entire 2013 income tax liability
write the federal identifi cation number and "Tax Year
by April 15, 2014. Is the outstanding Montana
2013-EXT" on the memo line. Mail the payment and
income tax liability subject to penalties and
payment voucher to the following address:
interest?
Montana Department of Revenue
It may be.
PO Box 6309
Helena, MT 59604-6309
If an estate or trust qualifi es for an extension because
its 2013 tax liability is $200 or less, the estate or trust
Administrative Rules of Montana: 42.15.316
also qualifi es for an extension to pay and will not be subject
Questions? Please call us toll free at (866) 859-2254 (in
to penalties and interest if the 2013 income tax liability is
Helena, 444-6900)
paid by the extended due date of the return.
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