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State of Rhode Island and Providence Plantations Office of the Secretary of State A. Ralph Hollis, Secretary of State Click here for instruction page Corporations Division 148 W. River Street Providence,
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What is form 642?
Form 642 is a tax form used for reporting information related to the valuation of the gross estate of a decedent.
Who is required to file form 642?
Fiduciaries of a decedent's estate are required to file form 642 if the estate claims a deduction for the value of qualified real property that is included in the decedent's gross estate.
How to fill out form 642?
To fill out form 642, the fiduciary needs to provide information about the decedent, the qualified real property, and the valuation method used.
What is the purpose of form 642?
The purpose of form 642 is to report the value of qualified real property owned by the decedent at the time of their death, which is used to calculate the estate tax deduction.
What information must be reported on form 642?
The fiduciary must report information such as the decedent's name, date of death, description of the qualified real property, method of valuation, and the value of the property.
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