Form Ar321 - Estate Tax Return - 2003 printable pdf download

AR321

2003

STATE OF ARKANSAS

Estate Tax Return

FOR OFFICE USE ONLY

To be filed for decedents dying after December 31, 2002,

Due Date _______________

and before January 1, 2004.

Date Rec’d ______________

Original Return

Amended Return

A copy of the Federal return will be acceptable in lieu of this return and should be filed with the State of Arkansas, Department of Finance and Administra-

tion, nine (9) months after the date of the decedent’s death, unless an extension of time for filing has been granted. If such an extension has been granted,

please attach a copy of the Form AR321E to the return.

Decedent’s Last Name

Decedent’s First Name and Middle Initial

Date of Death

Residence (Domicile) at Time of Death

Decedent’s Social Security Number

Name of Executor

Executor’s Address (Number, Street, City and Zip)

Executor’s Social Security Number or EIN (If Financial Institution, see instructions)

COMPUTATION OF TAX

1. Total gross estate (From Part 5 Recapitulation, page 3, Item 12, Federal Return, Form 706) ....................................... 1 ___________________

2. Total allowable deductions (From Part 5, Recapitulation, page 3, Item 23, Federal Return, Form 706) ........................ 2 ___________________

3. Taxable estate (Subtract the amount on Line 2 from the amount on Line 1) .................................................................. 3 ___________________

4. Taxable estate less $60,000 deduction. .......................................................................................................................... 4 ___________________

5. Credit for State death taxes not to exceed the amount on Line 13, Federal Return.

(Figure the credit by using the amount on Line 4;

See the tax table on reverse side of return.) ................................................. 5a _________________ X .50 ............. 5b ___________________

Was a Federal Return required?

Yes

Was a Federal Return filed?

Yes

Lines 6 through 10 to be completed for decedent’s estate only when property is owned in multiple states.

(Attach Federal Schedules pertinent to Arkansas property)

6. Total value of real estate in Arkansas as valued on Federal Return. .............................................................................. 6 ___________________

7. Total value of real estate in other states. ........................................................................................................................ 7 ___________________

a. Enter name of state and value in each state.

(Enter same values as on Federal Return. Use additional page if necessary.)

____________________________________________________________________________________

8. Total value of personal property in Arkansas as valued on Federal Return. ................................................................... 8 ___________________

9. Total value of personal property in other states. ............................................................................................................. 9 ___________________

a. Enter name of state and value in each state:

(Enter same values as on Federal Return. Use additional page if necessary.)

____________________________________________________________________________________

10. Arkansas Pro-Rata portion of Credit for State Death Taxes: .......................................................................................... 10 __________________

Gross Arkansas Property = Percentage x Credit for State Death Taxes = Arkansas Pro-Rata portion

Total Gross Estate

(From Line 5 above)

PLEASE SIGN HERE:

Under penalties of perjury, I declare that I have examined this

return and accompanying schedules and statements, and to the best of my knowledge and

MAIL TO: Estate Tax Section

belief, they are true, correct and complete.

P. O. Box 3628

Little Rock, AR 72203-3628

Phone: (501) 682-7230

Signature of