Form It-Nr - Inheritance Tax Return Non-Resident Decedent - New Jersey Division Of Taxation Page 35

Download a blank fillable Form It-Nr - Inheritance Tax Return Non-Resident Decedent - New Jersey Division Of Taxation in PDF format just by clicking the "DOWNLOAD PDF" button.

Open the file in any PDF-viewing software. Adobe Reader or any alternative for Windows or MacOS are required to access and complete fillable content.

Complete Form It-Nr - Inheritance Tax Return Non-Resident Decedent - New Jersey Division Of Taxation with your personal data - all interactive fields are highlighted in places where you should type, access drop-down lists or select multiple-choice options.

Some fillable PDF-files have the option of saving the completed form that contains your own data for later use or sending it out straight away.

ADVERTISEMENT

WORKSHEET 1
SIMPLIFIED TAX
METHOD 1
DIRECTIONS FOR COMPLETING THE INHERITANCE TAX RETURN USING THE INFORMATION GIVEN IN EXAMPLE 1 ON PAGE 14.
Schedule A
Enter the description and values of the New Jersey real estate. Do not include any other real estate.
Schedule B(1) Enter the description and value of the boat located in New Jersey. Do not include any other assets.
Note that the bank account in New Jersey is not included when reporting assets for this method of
filing since it is not tangible personal property. It is considered intangible personal property.
Directions for completing the worksheet using the numbers given in the example .
Line 1 Enter the value of the NJ real estate reported on Schedule "A".
Line 2 Enter the value of the boat reported on Schedule "B(1)".
Line 3 This line is left blank since there were no assets reported on Schedule "E"
Line 4 Add lines 1, 2 and 3.
Line 5 Multiply line 4 by 15% and enter the result on line 6.
Line 6 This is the New Jersey Non-Resident Inheritance Tax.
WORKSHEET 1 - METHOD 1
SIMPLIFIED TAX
1 Enter total from Schedule A
1
100,000.00
2 Enter total from Schedule B (1)
2
10,000.00
3 Enter total from Schedule E
3
4 Total of above lines 1, 2 and 3
4
110,000.00
5 Multiply line 4 by 15%
5
X 15%
6 New Jersey Non-Resident Inheritance Tax
6
16,500.00
(Insert this number on IT-NR page 1 line 11)
Page 16

ADVERTISEMENT

00 votes

Related Articles

Related forms

Related Categories

Parent category: Financial