Form Et-706 - New York State Estate Tax Return Page 4
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6Page 4 of 6 ET-706 (4/15)
Schedule E – Computation of allowable New York State deductions
Part 1 – Resident
Description of
A
B
C
D
allowable federal
Total on federal return
Deductions directly
Deductions directly
Deductions not directly
deductions
related to property
related to property
related to property inside
inside New York State
outside
or outside New York State
or intangible personal
New York State*
or to intangible personal
property
property (deductions to be
allocated)
32
Schedule J – funeral expenses and
expenses incurred in administering
property subject to claims
33
Schedule K – debts of the decedent
34
Schedule K – mortgages and liens
35
Add lines 32 through 34
36
Allowable amount of deductions
from line 35 above
37
Schedule L – net losses during
administration
38
Schedule L – expenses incurred in
administering property not subject to
claims
39
Schedule M – bequests, etc., to
surviving spouse
40
Schedule O – charitable, public, and
similar gifts and bequests
(add lines 36 through 40)
41
Total
* If you have an amount entered in column C, attach a statement indicating the item number of the property listed on Schedule B that the deduction is
directly related to if the location of the deduction is not clearly labeled on federal Schedules J through O.
(from Schedule A, Part 1, line 9)
42 Property outside New York State
.......................................................... 42.
(from Schedule A, Part 1, line 8)
43 Federal gross estate
............................................................................. 43.
(divide line 42 by line 43)
44 Allocation percentage
...................................................................................... 44.
45 Deductions not directly related to property inside or outside New York State or intangible
(from column D, line 41)
personal property
.......................................................................................... 45.
(multiply line 44 and line 45)
46 Deductions allocated to property outside New York State
.......................... 46.
(from column C, line 41)
47 Deductions directly related to property outside New York State
....................... 47.
(add lines 46 and 47; also enter on
48 Federal deductions not allowed for New York State purposes
Schedule A, Part 1, line 15) .................................................................................................................................
48.
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