Form Et 12 And Et 14 - Application For Consent To Transfer Property Or Other Interest Of A Resident Decedent - Ohio Department Of Taxation Page 3
Download a blank fillable Form Et 12 And Et 14 - Application For Consent To Transfer Property Or Other Interest Of A Resident Decedent - Ohio Department Of Taxation in PDF format just by clicking the "DOWNLOAD PDF" button.
Open the file in any PDF-viewing software. Adobe Reader or any alternative for Windows or MacOS are required to access and complete fillable content.
Complete Form Et 12 And Et 14 - Application For Consent To Transfer Property Or Other Interest Of A Resident Decedent - Ohio Department Of Taxation with your personal data - all interactive fields are highlighted in places where you should type, access drop-down lists or select multiple-choice options.
Some fillable PDF-files have the option of saving the completed form that contains your own data for later use or sending it out straight away.
ADVERTISEMENT
1
2
3
4ET 12
Rev. 9/07
Page 3
In the case of commercial accounts, the fiduciary should present the bookkeeping statement of the bank showing the balance
on date of death less honored checks drawn by decedent prior to death. In the case of P.O.D. accounts, when the passbook fails
to disclose the name of the beneficiary, a letter from the bank should accompany the passbook giving this date.
B. Stocks/bonds – provide the following:
1.
Total number of shares or denomination of bonds
2.
Rate of interest and due date
3.
Type and the manner in which they are registered, if registered other than solely in name of decedent
It shall be assumed that all stocks are common unless otherwise indicated.
General Information
File this form with the county auditor together with completed tax release(s) (estate tax form 14).
Ohio Revised Code (R.C.) section 5731.39 provides a penalty
liability on any property transferred will be determined by the
of the amount of the tax and up to $5,000 if a corporation,
tax commissioner upon audit of the estate tax return. An es-
safe-deposit box company, bank, savings and loan associa-
tate tax return may be required to be filed pursuant to R.C.
tion, trust company or similar institution transfers more than a
section 5731.21. Failure to timely file may subject the tax-
three-fourths interest in property belonging to or standing in
payer to a penalty pursuant to R.C. section 5731.22.
the name or joint name of a decedent or in trust for a decedent
The tax release estate tax form 14 must accompany this form
without obtaining a consent to transfer from the tax commis-
to obtain a release. Since the tax release, estate tax form 14,
sioner. It is necessary for such institutions to request a con-
will reflect only the last entry balance posted prior to death,
sent to transfer for the entire amount of any such interest prior
this entry may or may not reflect the entire date of death value
to final transfer from the decedent’s name. The county auditor
with the accrued interest due.
is the tax commissioner’s agent for these purposes.
The fact that a consent to transfer is issued does not in itself
establish tax liability nor does it relieve from tax liability. Tax
ADVERTISEMENT
0 votes
Related Articles
Related forms
Form Et 12a - Application For Consent To Transfer Property Or Other Interest Of A Nonresident Decedent (ohio Revised Code 5731.40)/form Et 14a - Nonresident Tax Release
Financial
Form Et 12a - Application For Consent To Transfer Property Or Other Interest Of A Nonresident Decedent (ohio Revised Code 5731.40)
Financial
Form Et 12a - Application For Consent To Transfer Property Or Other Interest Of A Nonresident Decedent
Financial
Form Et 12 - Application For Consent To Transfer Property Or Other Interest Of A Resident Decedent (ohio Revised Code 5731.39)/form Et 14 - Resident Tax Release (ohio Revised Code 5731.39)
Financial
Form Et-12 - Application For Consent To Transfer Property Or Other Interest Of A Resident Decedent - Ohio Department Of Taxation
Financial
Form Et 12 - Application For Consent To Transfer Property Or Other Interest Of A Resident Decedent, Form Et 14 - Resident Tax Release
Financial
Form 12 - Application For Consent To Transfer Property Or Other Interest Of A Resident Decedent (5731.39 O.r.c.)
Financial
Form Et 12a & 14a - Application For Consent To Transfer Property Or Other Interest Of A Nonresident Decedent
Financial
Related Categories
Parent category: Financial