Sd Eform-0878 V1 - South Dakota Inheritance/estate Tax Page 8

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INSTRUCTIONS FOR ALLOCATION AND COMPUTATION SCHEDULE
(A) List each beneficiary by name and address, age, relationship and the amount assigned in Column (1), (2), (3) and (4).
(B) Select the tax table, which has the exemption built into it, according to transferee’s relationship to the decedent.
Tables 1- 1G: Lineal issue: son, daughter, grandson, granddaughter, adopted child, mutually acknowledged child or stepchild (where
decedent died after July 1, 1994).
Table 2: Lineal ancestor: father, mother, grandfather, grandmother.
Table 3: Brother, sister, nephew, niece, and their issue, son-in-law, daughter-in-law.
Table 4: Uncle, aunt, first cousins and their issue.
Table 5: Stranger in blood, a body politic or corporate.
Table 6: Transferee with qualifying property under SDCL 10-40-21(6).
(C) Compute the inheritance tax imposed on each beneficiary using the Tax Table and insert in Column (5).
(Instructions continued on next page)
Table 1: SDCL 10-40-21(1)
Table 1D: SDCL 10-40-21(1D)
(For persons dying on or before June 30, 2000)
(For persons dying July 1, 2003 to June 30, 2004, inclusive)
If the amount assigned is:
If the amount assigned is:
over
but not over
the tax due is
of the amount over
over
but not over
the tax due is
of the amount over
30,000
50,000
3 3/4%
30,000
70,000
100,000
6%
70,000
50,000
100,000
$750+6%
50,000
100,000
----------
$1800+7 1/2%
100,000
100,000
---------
$3750+7 1/2%
100,000
Table 1E: SDCL 10-40-21(1)
Table 1A: SDCL 10-40-21(1)
(For persons dying July 1, 2004 to June 30, 2005, inclusive)
(For persons dying July 1, 2000 to June 30, 2001, inclusive)
If the amount assigned is
If the amount assigned is:
over
but not over
the tax due is
of the amount over
over
but not over
the tax due is
of the amount over
80,000
100,000
6%
80,000
40,000
50,000
3 3/4%
40,000
100,000
---------
$1200+7 1/2%
100,000
50,000
100,000
$375+6%
50,000
100,000
---------
$3375+7 1/2%
100,000
Table 1B: SDCL 10-40-21(1)
Table 1F: SDCL 10-40-21(1)
(For persons dying July 1, 2001 to June 30, 2002, inclusive)
(For persons dying July 1, 2005 to June 30, 2006, inclusive)
If the amount assigned is:
If the amount assigned is
over
but not over
the tax due is
of the amount over
over
but not over
the tax due is
of the amount over
50,000
100,000
6%
50,000
90,000
100,000
6%
90,000
100,000
---------
$3,000+7 1/2%
100,000
100,000
---------
$600+7 1/2%
100,000
Table 1C: SDCL 10-40-21(1)
Table 1G: SDCL 10-40-21(1)
(For persons dying July 1, 2002 to June 30, 2003, inclusive)
(For persons dying on or after July 1, 2006)
If the amount assigned is:
If the amount assigned is:
over
but not over
the tax due is
of the amount over
over
the tax due is
of the amount over
60,000
100,000
6%
60,000
100,000
7 1/2%
100,000
100,000
----------
$2400+7 1/2
100,000
(Tax tables continued on next page)
8

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