INSTRUCTIONS FOR SCHEDULE E2 - JOINTLY OWNED PROPERTY - CONTRIBUTION BASIS
SURVIVORSHIP MARITAL PROPERTY
Report on Schedule E2 all property which does not require
poses, the burden is upon such tenant(s) to establish contri-
the signature of all joint tenants to fully transfer the property
bution. Submit an affidavit from the surviving joint tenant(s)
or terminate the joint tenancy. Examples of such property are
establishing the extent, origin and nature of the contribution
checking and savings accounts, certificates of deposit and
claim.
government bonds, including accrued interest to date of
death. Also, report on Schedule E2 the decedent’s interest in
REPORTING OF PROPERTY:
survivorship marital property. See the instructions to Sched-
ule MP-MARITAL PROPERTY DECLARATION. All other
• Identify the surviving joint tenant(s) for each item
joint property (e.g., real estate, stock, and any other joint
• Government bonds - See instructions for Schedule B
property which requires the signature of all joint tenants to
• Cash accounts - See instructions for Schedule C
fully transfer the property or terminate the joint tenancy) is
reportable on schedule E1.
COMPUTATION OF TOTAL:
Untitled property is presumed to be the sole property of the
List all joint property properly includable on this schedule and
decedent and is reportable on Schedule F - Other Miscella-
extend the full value to the valuation column. Identify the
neous Property. Also use Schedule F to report a decedent’s
surviving joint tenant(s) for each item. Deduct any contribu-
interest in a partnership. Report the decedent’s interest as a
tion claimed on line 4. Enter the taxable amount on line 14B
tenant in common on Schedule A, if real estate. If personal
of page 2, Form 101. If there is survivorship marital property
property, use Schedule B, C, or F, as appropriate.
or a marital property component see the instructions to
Schedule MP - Marital Property Declaration.
The full fair market value of the property is includable for
inheritance tax purposes unless shown that a part of the
NOTE: Unless specifically stated to the contrary, it will be
property originally belonged to the surviving joint tenant(s).
deemed that the FULL VALUE of all joint property has been
included on this schedule for purposes of the DECLARA-
If the surviving joint tenant(s) contends that less than the full
TION of the person(s) signing this return.
value of the property is includable for inheritance tax pur-
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Schedule E1 (form 101) - Jointly Owned Property-fractional Share Basis Survivorship Marital Property
Financial
Schedule E1 Form 101 - Jointly Owned Property-fractional Share Basis Survivorship Marital Property
Financial
