Get Ct Drs Ct-706 Nt 2020

Filling out the CT DRS CT-706 NT form is a crucial step in reporting a Connecticut estate tax for nontaxable estates. This guide will walk you through each section and field of the form, ensuring clarity and ease as you complete it online.

Follow the steps to fill out the form with confidence.

1. Press the ‘Get Form’ button to access the CT DRS CT-706 NT form and open it for editing.
2. Begin by entering the decedent’s full name, address, and Social Security Number in the designated fields. Ensure all information is accurate as this forms the foundation of the document.
3. In the residency section, indicate whether the decedent was a Connecticut resident or a nonresident by checking the appropriate box. If nonresident, be prepared to attach Form C-3, UGE.
4. Proceed to the general questions section. For each question, select ‘Yes’ or ‘No’ based on the decedent's ownership of property and any other relevant interests, as this information impacts the estate tax calculations.
5. Complete Sections 1 and 2, which require reporting information about life insurance, jointly-owned property, and any trusts the decedent created. Follow the prompts carefully to provide accurate details.
6. In Section 3, report the property and proceeds pertinent for Connecticut estate tax purposes. Be precise in detailing each item’s description, fair market value, and the amount passing to a spouse if applicable.
7. For Section 4, calculate and enter the total gross estate value, considering all items listed in the previous sections. Make sure your totals reflect accurate addition from all previous calculations.
8. Finally, review the declaration at the end of the form. Signature requirements apply, so ensure a fiduciary or authorized representative signs and dates the form before submission.
9. After completing the form, save your changes. You will have the option to download, print, or share the form as necessary.

Complete your estate documentation online to ensure compliance and accuracy.