Form 60-084 - Funeral Expenses And Expenses Incurred In Administering Property In The Gross Estate Iowa Inheritance Tax Schedule J - 2012

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Iowa Department of Revenue
Iowa Inheritance Tax Schedule J
Funeral Expenses and Expenses Incurred
in Administering Property in the Gross Estate
Estate of:
Note: List on this schedule expenses of administering property in the gross estate. For those expenses, see Iowa Code section
450.12(1). Executors’ commissions, attorneys’ fees, etc., are allowed as a deduction for Iowa inheritance tax purposes. If they
are allowed as a deduction in computing the taxable estate for federal estate tax purposes, they are not allowable as an income
tax deduction on form IA 1041.
Item
No.
Description
Amount
A. Funeral Expenses:
1
Total ................................................
X X X X X X X
--------------------------
B. Administration expenses allowable under Iowa Code section 450.12.
1
Executors’ commissions: Amount estimated / agreed upon / paid. (Strike
out words that do not apply.) Enter zero if fee waived by executor. ............
X X X X X X X
-------------------------
2
Attorney fees: Amount estimated / agreed upon / paid. (Strike out the words
that do not apply.) ..........................................................................................
X X X X X X X
-------------------------
3
Federal estate tax paid. .................................................................................
X X X X X X X
-------------------------
4
Miscellaneous deductible expenses:
Total of A & B
For use only if decedent had property outside Iowa
C. Iowa Portion of A & B
1
Total Iowa Gross Estate
____________
2
Total Gross Estate (Iowa and Non-Iowa property)
____________
3
Iowa Percentage: Divide line 1 by line 2
____________ %
4
Amount deductible: Multiply total of A & B by percentage
on line 3 and list on line 36 of the IA 706
____________
X X X X X X X
TOTAL. Also enter on IA 706, page 2, line 36, Funeral Expenses and Expenses
Incurred in Administering Property in Gross Estate ..........................................................
If more space is needed, attach additional sheets.
60-084 (08/07/12)

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