New Jersey Non-Resident Inheritance Tax Frequently Asked Questions (Page 6 of 6) in pdf

New Jersey Non-Resident Inheritance Tax Frequently Asked Questions Page 6

Waivers (continued)

29. How do I obtain a tax waiver for real estate?

A waiver can be obtained by filing the appropriate non-resident form, (IT-NR or L9-NR).

30. The decedent owned a membership certificate or stock in a cooperative housing corporation. Do I

need to file a Non-Resident Inheritance Tax Return?

No. A waiver is not required. The decedent’s interest is deemed to be intangible personal property.

31. Is a waiver required if the decedent has interest in a partnership or corporation that owns New

Jersey real estate?

No, a waiver is not required in this case. The decedent’s interest is deemed to be intangible personal property. See

N.J.A.C. 18:26-11.11.

32. The New Jersey real estate is held as tenants by the entirety by the decedent and his/her surviving

spouse or civil union partner, do I need a tax waiver?

No, tax waivers are not required for real estate owned by a husband and wife/civil union couple as “tenants by the

entirety” in the estate of the first spouse or civil union partner to die. See N.J.A.C. 18:26-11.4 (a).

New Jersey Non-Resident Inheritance Tax Frequently Asked Questions Page 6