Fillable Form-Fid - Montana Estate Or Trust Tax Payment Voucher

Form EXt-FID Instructions

Does a fiduciary need to complete this

If an estate or trust qualifies for an extension for any

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

worksheet?

2014 income tax liability by April 15, 2015, 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 2014 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 2014

income tax liability by April 15, 2015, an estate or trust will

●

The estate or trust paid 100% of its 2013 tax liability

be charged a late payment penalty. This penalty is equal

as reported on the 2013 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 2014 tax

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

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

If the fiduciary does not pay the tax liability by April 15,

●

The estate or trust is a first-time filer.

2015, 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 2013.

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 2014 tax liability is $200 or less.

line 9 on or before April 15, 2015. 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 2013

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, 2015.

made electronically by e-check or credit card on TAP or

submit an ACH credit through your financial institution.

●

The fiduciary paid 90% of the estate or trust’s 2014

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, 2015.

•

Pay by personal check, money order or cashier's

●

The estate or trust is a first time filer.

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 2013.

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 2014 income tax liability

write the federal identification number and "Tax Year

by April 15, 2015. Is the outstanding Montana

2014-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 qualifies for an extension because

its 2014 tax liability is $200 or less, the estate or trust

administrative Rules of Montana: 42.15.316

also qualifies 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 2014 income tax liability is

Helena, 444-6900)

paid by the extended due date of the return.

Form-Fid - Montana Estate Or Trust Tax Payment Voucher - 2014 Page 2

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