N.J. Admin. Code § 18:26-3B.7 - Filing of tax return and other information
(a) The executor, administrator, trustee,
other person, or corporation liable for the payment of the estate tax must file
with the Director a copy of any Federal estate tax return filed or required to
be filed within 30 days after the filing or required filing of the original
with the Federal government, any other evidence, information, or data that the
Director deems necessary. A copy of any communication from the Federal
government, making any intermediate or final change in said return, or
confirming, increasing, or diminishing the tax thereby shown to be due, is to
be filed within 30 days after receipt thereof
(b) The executor, administrator, trustee,
other person, or corporation liable for the payment of the estate tax must file
with the Director a copy of the tax return filed and a copy of any receipts for
payment of succession or estate taxes to other states or territories of the
United States or the District of Columbia.
(c) A New Jersey estate tax return must be
filed whenever the gross estate exceeds $ 2,000,000. Within nine months of the
date of death of the decedent, the executor, administrator, trustee, other
person, or corporation liable for the payment of the estate tax must prepare
and file with the Director a New Jersey estate tax return and a Form 706
completed in accordance with the provisions of the Internal Revenue Code of
1986,
26
U.S.C. §§
1 et seq., in effect
January 1, 2017.
(d) In those cases
where a taxpayer makes an election for Federal estate tax purposes, a like
election must be made for New Jersey estate tax purposes. Assets and deductions
must be treated in the same manner for both Federal and New Jersey estate tax
purposes.
Notes
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