Delaware Form 900-R - Estate Tax Return For Resident Decedents (Page 3 of 5) in pdf

Delaware Form 900-R - Estate Tax Return For Resident Decedents Page 3

Estate Tax Return for

ELAWARE

Resident Decedents

900-R

ORM

Rev

Rev. Code 003-01

SCHEDULE A

WHO SHOULD USE SCHEDULE A: Schedule A is used to complete Form 900-R, “Delaware Estate

Tax Return for Resident Decedents” for the estate of a resident which paid estate, inheritance, legacy, or

succession taxes to any other State or the District of Columbia. If this estate paid no estate or inheritance

taxes to another state, you may skip Schedule A and lines 2 through 8 of Form 900-R and go directly to

Line 9, statement of estate tax due.

PURPOSE OF SCHEDULE A: Use Schedule A to calculate the value of Delaware Taxable Property for

line 2 of the Delaware Estate Tax Return. This is the numerator of the proration percentage at line 4 of

the return. The proration percentage is necessary to calculate the correct amount of credit allowed for

estate and inheritance taxes paid by a Delaware resident’s estate to another State and the District of

Columbia.

DELAWARE TAXABLE PROPERTY: Delaware Taxable Property is the value of real property and

tangible personal property which is included in the gross estate for federal estate tax purposes and located

in Delaware at the time of the Decedent’s death, plus intangible personal property located anywhere, less

the amount of deductions permitted on the federal estate tax return which are attributed to the Delaware

property. Schedule A is completed using information taken from the Schedules attached to the federal

estate tax return, Form 706.

Delaware Real Property. Form 706, Schedule A and Schedule E.

Value of qualified conservation easement exclusion allowed

for Delaware property. Form 706, Schedule U.

Subtract (2) from (1).

Tangible personal property located in Delaware. Form 706,

Schedule E & F.

Intangible personal property everywhere. Form 706,

Schedule B through I.

Add (3), (4), and (5).

Funeral Expenses. Form 706, Schedule J.

Cost of administering estate in Delaware. Form 706,

Schedule J.

Debts of a resident Decedent including mortgages and liens

on Delaware property, from Form 706, Schedule K. Do not

include mortgages and liens on property outside of Delaware.

Delaware Form 900-R - Estate Tax Return For Resident Decedents Page 3