Form Et-90 - New York State Estate Tax Return (Page 2 of 5) in pdf

Page 2 ET-90 (1/00)

Recapitulation

(Attach federal Form 706 if applicable)

Do you, the executor, elect alternate valuation in accordance with section 945(b) of the Tax Law?

Yes

Value at

Alternate

Gross assets

(see instructions)

Date of Death

Value

23 Schedule A — Real estate ................................................................................................................................. 23

24 Schedule B — Stocks and bonds ....................................................................................................................... 24

25 Schedule C — Mortgages, notes, cash, and bank deposits .............................................................................. 25

26 Schedule D — Insurance on the decedent’s life ................................................................................................ 26

27 Schedule E — Jointly owned property ............................................................................................................... 27

28 Schedule F — Other miscellaneous property .................................................................................................... 28

29 Schedule G — Transfers during decedent’s life ................................................................................................. 29

30 Schedule H — Powers of appointment .............................................................................................................. 30

31 Schedule I — Annuities ...................................................................................................................................... 31

32 Total

.............................................................................................................................. 32

(add lines 23 through 31)

33a Enter the amount from Form ET-417, if any, for the exclusion for a family-owned business ............................. 33a

33b Enter the amount from Form ET-418, or federal Schedule U if any, for the exclusion for land subject to a qualified conservation easement ..... 33b

33c Enter the amount from Form ET-419, if any, for assets excludible from the New York gross estate for victims of Nazi persecution ...... 33c

33d Total of exclusions

.................................................................................................. 33d

(add lines 33a, 33b, and 33c)

33e * Enter the net amount of additions (or subtractions) from page 3, line 69 ........................................................ 33e

33f Add or subtract line 33e to/from the amount on line 33d ................................................................................... 33f

34 New York adjusted gross estate (add or subtract line 33f to/from the amount on line 32) ............................ 34

Computations

35 For resident decedent

.................................................................................... 35

(enter amount from page 3, line 70)

36a New York gross estate for resident decedent

......................................................... 36a

(subtract line 35 from line 34)

36b New York gross estate for nonresident decedent

......................................... 36b

(enter amount from page 3, line 71c)

37 Divide line 36a or 36b by line 34

............................ 37

(round the decimal to four places; cannot be more than 1.0000)

Deductions

(see instructions) Note: To claim a deduction for principal residence, complete Schedule 5 on page 4.

38 Schedule J — Funeral expenses and expenses incurred in administering property subject to claims ............. 38

39 Schedule K — Debts of decedent, including mortgages and liens .................................................................... 39

40 Schedule L — Net losses during administration and expenses incurred in administering property not subject to claims ....... 40

41 Add lines 38, 39, and 40 .................................................................................................................................... 41

42 Family-owned business interests deduction, from Form ET-417-D, or federal Schedule T ............................... 42

43 Add lines 41 and 42 ........................................................................................................................................... 43

1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1

44 Enter the amount from Form ET-90.4, Schedule M, line 9 or from federal

1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1

Form 706, page 3, Schedule M ............................................................................ 44

1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1

45 * Enter amount, if any, from page 4, line 72 ........................................................... 45

1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1

46 New York bequests to surviving spouse

........................................................ 46

(line 44 and add or subtract line 45)

1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1

47 Enter the amount from Form ET-90.4, Schedule N, line 16 or from federal

1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1

Form 706, page 3, Schedule O ............................................................................ 47

1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1

48 * Enter amount, if any, from page 4, line 73 ........................................................... 48

1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1

49 New York charitable deduction

...................................................................... 49

(line 47 and add or subtract line 48)

50 Deduction for principal residence

.................................................................................................. 50

(from line 74)

51 Total New York allowable deductions

............................ 51

(add lines 43, 46, 49, and 50; also enter on page 1, line 2)

* For use only when a federal estate tax return, Form 706, is attached.

52 At time of death decedent was:

Single

Legally separated

Divorced — Date

Widow/widower — Name of deceased spouse

SS#

Date of death

Married — Name of surviving spouse

Election of marital deduction for noncitizen spouse — If the surviving spouse is not a citizen of the United States, and a marital deduction is elected for

New York estate tax purposes, both the executor and the surviving spouse must signify by signing below:

Executor’s signature

Date

Surviving spouse’s signature

Date