Form 706e (Worksheet D) - Maine Estate Tax
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1MAINE ESTATE TAX
FORM 706ME
D
WORKSHEET
*
Credit for Estate Tax Paid to Other Jurisdictions
by Resident Estates
Enclose this worksheet with Form 706ME.
You must enclose a copy of the estate tax return fi led with the other jurisdiction.
*
For purposes of this credit, the term “estate tax paid to other jurisdictions” means constitutionally valid
estate, inheritance, legacy or succession taxes paid to another state (or equivalent jurisdiction).
This credit may be claimed if all of the following apply:
- the Maine estate tax return is for a resident decedent (the “Resident” box must be checked in
Step 3 of Form 706ME);
- the estate tax paid the other jurisdiction is with respect to the value of real or tangible personal
property located in that jurisdiction in a trust, LLC or other pass-through entity;
- the value of the real or tangible personal property is included in the value of the decedent’s
intangible personal property subject to the Maine estate tax and not included in a Maine QTIP;
and
- the other jurisdiction to which the tax is paid is a state of the United States, the District of
Columbia, a possession or territory of the United States, a Canadian province or other political
subdivision of a foreign country analogous to a state of the United States.
WORKSHEET
1. Value of real or tangible personal property eligible for this credit and upon
10.00
which an estate tax was paid to the other jurisdiction. .........................................................1._______________________
11.00
2. Value of decedent’s Maine taxable estate. (Form 706ME, line 14) ..................................... 2._______________________
0 . 9 0 9 0 9
3. Divide line 1 by line 2. Calculate this amount to 6 decimal places ......................................3.___.___ ___ ___ ___ ___ ___
4. Gross tax. ( Form 706ME, line 15) .......................................................................................4._______________________
5. Multiply line 4 by line 3......................................................................................................... 5._______________________
6. Enter the amount of estate tax paid the other jurisdiction on the real or tangible
personal property eligible for this credit.
Name of the other jurisdiction __________________________________________ ......... 6._______________________
7. Credit for taxes paid. Enter line 5 or line 6, whichever is less. Subtract this
amount from the Maine estate tax and enter the result on Form706ME, line 17 ...................7._______________________
Special instructions for claiming credit for estate tax paid to more than one other jurisdiction: The credit for each jurisdiction
must be computed separately. Use a separate worksheet for each jurisdiction. Print the name of the other jurisdiction in the space
provided on line 6. Add the line 7 results together for all worksheets and subtract this total amount from the Maine estate tax and enter
the result on Form 706ME, line 17. Attach a copy of each worksheet to the Maine estate tax return. Include, on Form 706ME,
line 2, the value of real or tangible personal property in a trust, LLC or other pass-through entity that is taxed by the other jurisdiction.
REV 07/13
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