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RESET FORM Department of Revenue Services State of Connecticut PO Box 2978 Hartford CT 06104-2978 (New 9/05) CT-706/709 Form CT-706/709 Calendar Year Connecticut Estate and Gift Tax Return 2005 For

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How to fill out 2005 form ct 706709

How to fill out 2005 form ct 706709:

01

Gather all necessary information: Before starting the form, make sure you have all the required information ready. This may include details about the deceased person's assets, liabilities, and beneficiaries.

02

Fill out the personal information section: Begin by entering the name, address, and social security number of the deceased person at the top of the form. Provide any additional requested details, such as the date of death.

03

Complete the Schedule A - Real Estate section: This section requires you to provide detailed information about the real estate properties owned by the deceased person. Include the property address, fair market value, and any outstanding mortgages or liens.

04

Fill out the Schedule B - Stock section: Provide information about any stock owned by the deceased person. Include the company name, number of shares, and fair market value.

05

Complete the Schedule C - Tangible Personal Property section: List any valuable personal property such as cars, artwork, jewelry, or furniture. Include a description of each item and its fair market value.

06

Fill out the Schedule D - Debts section: List all outstanding debts of the deceased person. This may include mortgages, loans, credit card debts, and any other liabilities. Include the name of the creditor, the amount owed, and any interest details.

07

Complete the Schedule E - Funeral Expenses section: Provide information about any funeral or burial expenses incurred after the person's death. Include the name of the service provider and the total cost.

08

Fill out the Schedule F - Miscellaneous section: This section is for reporting any other assets or debts not covered in the previous schedules. Provide detailed information as requested.

09

Complete the Tax computation and signatures section: Calculate the tax owed based on the information provided in the previous schedules. Sign the form along with the required witnesses or preparer, if applicable.

10

Who needs 2005 form ct 706709? This form is required to be filled out by the executor or administrator of the estate of a deceased individual for the purpose of reporting and paying any applicable estate taxes.

Remember to carefully review the form and double-check all the information entered before submitting it. If you are unsure about any section or have complex financial situations, it's advisable to seek professional assistance from a tax attorney or certified public accountant.

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What is form ct 706709?

Form CT-706/709 is a Connecticut Estate and Gift Tax Return form.

Who is required to file form ct 706709?

Individuals or estates with certain levels of Connecticut taxable gifts or estate must file Form CT-706/709.

How to fill out form ct 706709?

Form CT-706/709 can be filled out by following the instructions provided by the Connecticut Department of Revenue Services.

What is the purpose of form ct 706709?

The purpose of Form CT-706/709 is to report and calculate the Connecticut estate tax or gift tax owed.

What information must be reported on form ct 706709?

Information such as assets, deductions, and applicable taxes must be reported on Form CT-706/709.

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