Get Iht412

The Iht412 form is essential for reporting stocks and shares owned by a deceased individual. This guide provides detailed steps and explanations to help users accurately complete the Iht412 online, ensuring compliance with inheritance tax regulations.

Follow the steps to successfully complete the Iht412 online

1. Click 'Get Form' button to obtain the form and open it in the editor.
2. Enter the name of the deceased in the designated field at the beginning of the form. This should be the full name as it appears on official documents.
3. Input the date of death in the specified format (DD MM YYYY). Ensure the date is accurate as this will impact inheritance tax calculations.
4. If known, enter the IHT reference number in the appropriate field. This number can help streamline the processing of the form.
5. Begin listing stocks and shares held by the deceased, focusing on those unlisted or other specific criteria mentioned for this form. Include the company name, type of shares, number of shares held, and market price per share at the date of death in the designated fields.
6. For each stock, indicate whether it was owned for at least two years before death by answering 'Yes' or 'No' in the respective column. This information is vital for determining eligibility for business relief.
7. Record any dividends due as of the date of death in the corresponding section. This should include amounts that were expected but unpaid.
8. If applicable, state the amount of business relief due and the applicable rate (100% or 50%) for each entry. Ensure this information is accurate and corresponds with guidance provided in the IHT400 Notes.
9. Continue this process for all applicable stocks and shares until all necessary information is compiled.
10. Review the completed form for errors or omissions. Once everything is accurate, users can save changes, download, print, or share the form as needed.

Complete your Iht412 form online today to ensure compliance with inheritance tax regulations.