Fillable Form Ext-Fid-12 - Fiduciary Extension Payment Worksheet

Form EXT-FID Instructions

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

New! Beginning in tax year 2012, a taxpayer that has a

tax liability of $200 or less will receive an automatic six

2012 income tax liability by April 15, 2013, the estate or

trust is relieved of the late ﬁ le penalty but is not relieved of

month extension to ﬁ le and pay. However, if the tax is

the late payment penalty and interest on the outstanding

not paid on or before the extended due date, penalty and

interest must be added to the tax due from the original

Montana income tax liability.

due date of the return.

If the ﬁ duciary does not pay the full amount of the 2012

income tax liability by April 15, 2013, the estate or trust will

Does a ﬁ duciary need to complete this

be charged a late payment penalty. This penalty is equal

worksheet?

to 1.2% per month or fraction of a calendar month on the

The ﬁ duciary does not need to complete this worksheet if

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

any of the following applies to the estate or trust:

If the ﬁ duciary does not pay the tax liability by April 15,

●

New! The estate's or trust's 2012 tax liability as

2013, the estate or trust will be charged interest at a rate of

reported on Form FID-3, line 50 is $200 or less.

8% per year, accruing daily and beginning on the due date

of the return and continuing until the tax is paid.

●

The estate or trust paid 100% of its 2011 tax liability

as reported on the 2011 Form FID-3, line 50.

How does the estate or trust make an extension

payment?

●

The estate or trust paid at least 90% of its 2012 tax

liability as reported on the 2012 Form FID-3, line 50.

The ﬁ duciary will need to complete this form to determine

the amount of the extension payment for the estate or trust.

●

The estate or trust is a ﬁ rst-time ﬁ ler.

If there is more than $1 on line 9, please pay the amount

●

The estate or trust had zero or negative taxable

on line 9 on or before April 15, 2013. If the estate or trust is

income for 2011.

a ﬁ scal year taxpayer, the payment is due on or before the

15th day of the fourth month after the close of the tax year.

How can a ﬁ duciary of an estate or trust receive

an extension to ﬁ le a Montana tax return?

•

Pay electronically. An extension payment can be

made electronically by e-check or credit card. Please

Fiduciaries can be granted an automatic extension of time

visit our website at revenue.mt.gov under Online

of up to six months for ﬁ ling a Montana income tax return if:

Services. There is no fee for an e-check, but a small

●

New! The estate or trust's 2012 tax liability is $200 or

fee is applied for a credit card payment.

less.

•

Pay by personal check, money order or cashier's

●

The ﬁ duciary paid 100% of the estate or trust’s 2011

check. If paying by personal check, money order or

Montana income tax liability through estimated tax

cashier's check, please complete the Montana Estate

payments, withholding, or a combination of both by

or Trust Payment Voucher on the previous page.

April 15, 2013.

Make the check payable to the Montana Department

of Revenue. Please remember to sign the check, and

●

The ﬁ duciary paid 90% of the estate or trust’s 2012

write the federal identiﬁ cation number and "Tax Year

Montana income tax liability through estimated tax

2012-EXT" on the memo line. Mail the payment and

payments, withholding, or a combination of both by

payment voucher to the following address:

April 15, 2013.

Montana Department of Revenue

●

The estate or trust is a ﬁ rst time ﬁ ler.

PO Box 6309

●

The estate or trust had zero or negative taxable

Helena, MT 59604-6309

income for 2011.

Administrative Rules of Montana: 42.15.316

The estate or trust has a valid Montana extension

Questions? Please call us toll free at (866) 859-2254 (in

but did not pay the entire 2012 income tax liability

Helena, 444-6900)

by April 15, 2013. Is the outstanding Montana

income tax liability subject to penalties and

interest?

It may be.

If the estate or trust qualiﬁ es for an extension because

its 2012 tax liability is $200 or less, the estate or trust

also qualiﬁ es for an extension to pay and will not be subject

to penalties and interest if the 2012 income tax liability is

paid by the extended due date of the return.

If the estate or trust qualiﬁ es for an extension for any

Form Ext-Fid-12 - Fiduciary Extension Payment Worksheet - 2012 Page 2

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