Form Et-706 - New York State Estate Tax Return - 2012 Page 4
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4Page 4 of 4 ET-706 (2012)
Table A – Unified rate schedule
If the taxable amount is:
over
but not over
the tax is:
$
0
$
10,000
18%
of taxable amount
10,000
20,000
$
1,800
plus
20%
of amount over
$
10,000
20,000
40,000
3,800
plus
22%
of amount over
20,000
40,000
60,000
8,200
plus
24%
of amount over
40,000
60,000
80,000
13,000
plus
26%
of amount over
60,000
80,000
100,000
18,200
plus
28%
of amount over
80,000
100,000
150,000
23,800
plus
30%
of amount over
100,000
150,000
250,000
38,800
plus
32%
of amount over
150,000
250,000
500,000
70,800
plus
34%
of amount over
250,000
500,000
750,000
155,800
plus
37%
of amount over
500,000
750,000
1,000,000
248,300
plus
39%
of amount over
750,000
1,000,000
1,250,000
345,800
plus
41%
of amount over
1,000,000
1,250,000
1,500,000
448,300
plus
43%
of amount over
1,250,000
1,500,000
2,000,000
555,800
plus
45%
of amount over
1,500,000
2,000,000
2,500,000
780,800
plus
49%
of amount over
2,000,000
2,500,000
3,000,000
1,025,800
plus
53%
of amount over
2,500,000
3,000,000
10,000,000
1,290,800
plus
55%
of amount over
3,000,000
10,000,000
17,184,000
5,140,800
plus
60%
of amount over
10,000,000
17,184,000
---------------
9,451,200
plus
55%
of amount over
17,184,000
Table B – Computation of maximum NYS credit for state death taxes
Table B worksheet
(based on federal adjusted taxable estate for NYS computed using the Table B worksheet)
Adjusted taxable estate
for NYS
If the amount from Table B
worksheet, line 3 is:
1. Taxable estate
over
but not over
the credit is:
for NYS
(from
$
40,000
$
90,000
0.8%
of amount over
$
40,000
Sch. A, line 26, or
90,000
140,000
$
400
plus
1.6%
of amount over
90,000
... 1.
Sch. B, line 43)
140,000
240,000
1,200
plus
2.4%
of amount over
140,000
60,000
2. Adjustment ....... 2.
240,000
440,000
3,600
plus
3.2%
of amount over
240,000
440,000
640,000
10,000
plus
4.0%
of amount over
440,000
3. Adjusted taxable
640,000
840,000
18,000
plus
4.8%
of amount over
640,000
estate for NYS
840,000
1,040,000
27,600
plus
5.6%
of amount over
840,000
(subtract line 2
1,040,000
1,540,000
38,800
plus
6.4%
of amount over
1,040,000
......... 3.
from line 1)
1,540,000
2,040,000
70,800
plus
7.2%
of amount over
1,540,000
2,040,000
2,540,000
106,800
plus
8.0%
of amount over
2,040,000
Use this amount to compute maximum
2,540,000
3,040,000
146,800
plus
8.8%
of amount over
2,540,000
credit for state death taxes in Table B.
3,040,000
3,540,000
190,800
plus
9.6%
of amount over
3,040,000
3,540,000
4,040,000
238,800
plus
10.4%
of amount over
3,540,000
4,040,000
5,040,000
290,800
plus
11.2%
of amount over
4,040,000
5,040,000
6,040,000
402,800
plus
12.0%
of amount over
5,040,000
6,040,000
7,040,000
522,800
plus
12.8%
of amount over
6,040,000
7,040,000
8,040,000
650,800
plus
13.6%
of amount over
7,040,000
8,040,000
9,040,000
786,800
plus
14.4%
of amount over
8,040,000
9,040,000
10,040,000
930,800
plus
15.2%
of amount over
9,040,000
10,040,000
---------------
1,082,800
plus
16.0%
of amount over
10,040,000
This return must be filed within nine months after the date of death unless an extension of time to file the return has been granted.
Mail your return and payment (if any) to:
NYS ESTATE TAX
PROCESSING CENTER
PO BOX 15167
ALBANY NY 12212-5167
If you use a private delivery service, see Private delivery services in the instructions.
Reminders: Sign the front page of this return. If there is an amount due on line 10, make check payable to Commissioner of Taxation and
Finance. Attach a completed copy of the federal estate tax return along with any accompanying schedules and supplementary information.
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