Form Nh 706 - New Hampshire Estate Tax Return - General Instructions
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New Hampshire Estate Tax Return
NH 706
General Instructions
Instructions
The executor or administrator must file a NH 706 Estate Tax Return if:
WHO MUST FILE
- a resident decedent has a total gross estate of $600,000 or more, prior to and through 1997, and files a
A RETURN
Federal Form 706
- a resident decedent has a total gross estate of $625,000 or more through 1998 and files a Federal Form 706
- (See chart below for future years)
- a non-resident decedent who owns real estate and/or tangible personal property in NH and files a Federal
Form 706.
Calendar Year
Credit Amount
1998
$ 625,000
1999
$ 650,000
2000
$ 675,000
2002
$ 700,000
2004
$ 850,000
2005
$ 950,000
2006
$1,000,000
IRC Section: 2035
Effective Date 8/5/97
RSA 87:1
You must file the NH 706 Estate Tax Return along with full payment within 9 months from the
WHAT TO FILE
decedent's date of death. If the return cannot be filed on time, then file a NH 706 Estimate with full
payment of the tax due.
WHEN TO FILE
The Estate Tax Return and payment are due 9 months from the decedent's date of death.
WHERE TO FILE
NH Department of Revenue Administration
45 Chenell Drive
PO Box 637
Concord, New Hampshire
03302-0637
TAX DOCUMENTS MAY NOT BE FAXED TO THE DEPARTMENT
INFORMATION
NECESSARY TO
A complete copy of the Federal 706 as filed with the Internal Revenue Service including all
attachments must be filed with the NH 706 Estate Tax Return.
COMPLETE FORM
NH 706 RETURN
Disclosure of Social Security Account Numbers is mandatory under Department of Revenue Administration
CONFIDENTIAL
rules 203.01, 221.02, 221.03 and 311.04 (c). This information is required for the purpose of administering the
INFORMATION
tax laws of this state and authorized by 42 U.S.C.S. § 405 (c) (2) (C) (i).
Tax information which is disclosed to the New Hampshire Department of Revenue Administration is held in strict
confidence by law. The information may be disclosed to the United States Internal Revenue Service, agencies
responsible for the administration of taxes in other states in accordance with compacts for the exchange of
information, and as otherwise authorized by New Hampshire Revised Statutes Annotated 21-J:14.
The failure to provide Social Security Account Numbers may result in the rejection of a return or application. The
failure to timely file a return or application complete with Social Security Account Numbers may result in the
imposition of civil or criminal penalties, the disallowance of claimed exemptions, exclusions, credits, deduc-
tions, or an adjustment that may result in increased tax liability.
EXTENSION
An extension to file will be granted only when a copy of the approved Federal Extension is attached
to the NH 706 Estate Tax Return.
TO FILE
PAYMENT OF
An executor or administrator may make an estimated payment of the tax liability using a NH 706
ESTIMATED TAX
Estimate Payment Form.
ROUNDING OFF
TO WHOLE
Money items on all New Hampshire Estate Tax forms may be rounded off to the nearest whole dollar.
DOLLARS
Forms are available at each county Probate Court or by calling the Department's forms line (603) 271-2192, 24
NEED FORMS
hours a day, 7 days a week. For taxpayer assistance, call the NH Department of Revenue Administration Estate
OR HELP
and Legacy Bureau at (603) 271-2580, Monday through Friday, 8:00 a.m. to 4:30 p.m. Hearing and/or speech
impaired individuals may call TDD Access:
Relay NH 1-800-735-2964.
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