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When must a Form 706 be filed?

When does it need to be filed? The form must be filed within nine months of the date of the decedent's death.

What is a 706 nt form?

Connecticut Estate Tax Return (for Nontaxable Estates) For estates of decedents dying during calendar year 2020 (Read instructions before completing this form.)

How much is inheritance tax in the state of Connecticut?

Base amount:$ 05.72 percent of $9,000514.80Tax due514.80

Who Must File a Connecticut estate tax return?

The executor or administrator of the decedent's estate must sign and file Form CT\u2011706 NT. If there is no executor or administrator, then each person in actual or constructive possession of any property of the decedent must file Form CT\u2011706 NT. If there is more than one fiduciary, all must sign the return.

What is the Connecticut estate tax exemption for 2022?

In 2022, Connecticut's exemption is $9.1 million, and in 2023, Connecticut's exemption was already slated to match the federal basic exclusion amount.

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