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COMPTROLLER OF PUBLIC ACCOUNTS STATE OF TEXAS 17-106 (Rev.5-02/12) PRINT FORM INHERITANCE TAX RETURN FEDERAL ESTATE TAX CREDIT CLEAR FIELDS Do not write in space above For estates with a date of death
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What is 17-106 inheritance tax return?
The 17-106 inheritance tax return is a tax return form used to report and pay inheritance tax on the assets inherited from a deceased person.
Who is required to file 17-106 inheritance tax return?
The individuals who are required to file the 17-106 inheritance tax return are the beneficiaries or heirs who have received assets with an estimated value above a certain threshold, as determined by the relevant tax authority.
How to fill out 17-106 inheritance tax return?
To fill out the 17-106 inheritance tax return, you need to provide information about the deceased person, details of the inherited assets, their estimated value, and any applicable exemptions or deductions. It is recommended to consult the instructions provided with the form or seek professional assistance to ensure accurate completion.
What is the purpose of 17-106 inheritance tax return?
The purpose of the 17-106 inheritance tax return is to accurately report and pay the inheritance tax owed on the inherited assets. This helps the tax authorities assess and collect the appropriate amount of tax revenue.
What information must be reported on 17-106 inheritance tax return?
The 17-106 inheritance tax return typically requires reporting information such as the deceased person's name and social security number, details of inherited assets (e.g., real estate, financial accounts, investments), their estimated value, and information about the beneficiaries or heirs.
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