Form M706 - Estate Tax Return - 2012 Page 2
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22012 M706 P2
Estate Tax Return 2012 (continued)
Decedent’s first name, middle initial, last name
Decedent’s Social Security number
Executor’s first name, middle initial, last name
Executor’s Social Security number
Worksheet for Determining Interest on Line 15
Interest accrues on any unpaid tax and penalty beginning nine months from the decedent’s date of death.
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1 Amount of tax not paid within nine months after the decedent’s date of death . . . . . . . . . . . . . . . . . .
2
2 Unpaid penalty, if any, from line 14 on the front of this form . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
3
3 Unpaid tax and penalty on which interest will accrue (add step 1 and step 2) . . . . . . . . . . . . . . . . . . .
4 Number of days that your payment of tax and/or penalty is late.
Year: 2012
Year: 2013
If the days fall in more than one calendar year, you must
4
determine the number of days separately for each year . . . . . . . . . . . . . . . . . .
.
.
5
5 Divide step 4 by 365. Round the result to five decimal places . . . . . . . . . . . . .
6
6 Multiply step 3 by the result in step 5 for each year . . . . . . . . . . . . . . . . . . . . .
3%
3%
7
7 Interest rate in effect for the calendar year . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8
8 Multiply step 6 by the interest rate in step 7 for each year . . . . . . . . . . . . . . . .
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9 Add the amounts in step 8. Also enter the result on line 15 of Form M706 . . . . . . . . . . . . . . . . . . . . .
Power of Attorney
You may designate another person to act on your behalf or perform any act you can perform with respect to the Minnesota taxes of
the decedent’s estate when dealing with the department. To designate power of attorney, provide the information below and check
the box after your signature on the front of this form.
Note: The department does not send tax refunds to the designated appointee unless you make an election in writing. It is your re-
sponsibility to keep your appointee informed of your tax matters. If you want the department to send any and all notices, including tax
refunds, directly to your appointee rather than you, attach Form REV184A, Election for Power of Attorney, to this form.
I, the executor (personal representative) of the decedent’s estate, appoint the person named below as Attorney-in-Fact to represent
the estate before the Minnesota Department of Revenue. The appointee is authorized to provide and receive private and nonpublic
information regarding the Minnesota taxes of the estate, and to perform any and all acts that I can perform with regard to the state
taxes of the estate, unless noted below.
Name of person (appointee) given power of attorney
Daytime phone
Fax number
Name of firm (if applicable)
Address (street, apartment, route)
Expiration date (If a date is not provided, this power
of attorney is valid until revoked in writing):
City
State
Zip code
Check this box to revoke all powers of attorney previously filed by
you in connection with the Minnesota taxes of the decedent’s estate:
I am excluding the following powers (please list):
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