The Estate Tax is a tax on your right to transfer property at your death. New York State's estate tax is calculated using the tax table provided on Form ET706.There are multiple versions of Form ET-706. Use tax software you purchase, go to an online tax preparation website, or have a tax preparer file your return. (You can file both federal and State. What is the Real Estate Transfer Tax (RETT)? What types of transactions are taxable? Each sale, admission, storage, or rental in Florida is taxable, unless the transaction is exempt. Sales tax is added to the price of taxable goods or services. Our guide to estate taxes includes U.S. federal, state, and inheritance tax rules.