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Department of Revenue Services PO Box 2978 Hartford CT 06104-2978 (Rev. 9/07) Form CT-706/709 EXT Application for Estate and Gift Tax Return Filing Extension and for Estate Tax Payment Extension Complete
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What is 706 709ext form?
Form 706 709ext is a tax form used to report transfers of property and generation-skipping transfers that are subject to gift tax, estate tax, or generation-skipping transfer tax.
Who is required to file 706 709ext form?
Individuals who make taxable gifts, executors of certain estates, and donors of generation-skipping transfers are required to file Form 706 709ext.
How to fill out 706 709ext form?
To fill out Form 706 709ext, you need to provide information about the transferor, recipient, and the property being transferred. You also need to calculate the value of the transfer and any applicable taxes.
What is the purpose of 706 709ext form?
The purpose of Form 706 709ext is to report transfers that may be subject to gift tax, estate tax, or generation-skipping transfer tax. It helps the IRS track and assess tax liabilities related to these transfers.
What information must be reported on 706 709ext form?
Form 706 709ext requires information such as the names and contact information of the transferor and recipient, a description of the property transferred, the date of the transfer, and the fair market value of the property.
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