Get CT-706/709 EXT, Application For Estate And Gift Tax Return Filing ... - Ct

Form CT-706/709 EXT only extends the time to file your Connecticut estate and gift tax return; it does not extend the time to pay your gift tax. This extension request is due on or before the original due date for filing Form CT-706/709.

If you are a resident individual, you are required to file Form CT‑706/709 if: You made a gift of real or tangible personal property located in Connecticut or made a gift of intangible property and the amount of your Connecticut taxable gifts entered on your Form CT‑706/709, Schedule A, Line 9, is more than $0; or.

Also write "Form 4868" and the amount in the space to the left of line 9 or line 39. Any extension of time allowed for filing your calendar year income tax return also extends the time for filing a gift or generation skipping transfer (GST) tax return. Check the boxes if requesting a gift or GST tax return extension.

To request a filing extension, you must: • Complete Form CT-706/709 EXT, Section 1; • File it on or before the due date of the return; • Pay the amount shown on Line 1; and • Sign the Declaration. You will be notified only if your extension request is denied.

If you are a resident individual, you are required to file Form CT‑706/709 if: You made a gift of real or tangible personal property located in Connecticut or made a gift of intangible property and the amount of your Connecticut taxable gifts entered on your Form CT‑706/709, Schedule A, Line 9, is more than $0; or.

The executor or administrator of the decedent's estate is required to file Form CT-706/709 with DRS and submit a copy with the Connecticut Probate Court having jurisdiction of the estate. The executor or administrator of the decedent's estate must sign and file Form CT-706 NT.

If you aren't applying for an extension of time to file your individual income tax return, use Form 8892 to request an extension of time to file Form 709. Note: An extension of time to file your Form 709 doesn't extend the time to pay the gift tax. See Paying gift tax, next, if you expect to owe tax.

If you don't file the gift tax return as you should, you could be responsible for the amount of gift tax due as well as 5% of the amount of that gift for every month that the return is past due. If you fail to pay the penalty, you could be responsible for the amount of the gift tax due and .