New York Estate Tax Return [Individual Who Died On Or After 1-1-19] {ET-706}

ET-706 - NEW YORK ESTATE TAX RETURN. The estate of an individual who was a NYS resident at the time of death must file a NYS estate tax return if the total of the federal gross estate plus any includible taxable gifts made while the individual was a resident of New York State exceeds the New York State basic exclusion amount ($6,580,000) applicable for dates of death on or after January 1, 2023. The estate of an individual who was not a resident of New York State at the time of death must file a NYS estate tax return if the estate includes real or tangible personal property having an actual location in NYS and the federal gross estate plus any includible taxable gifts of real or tangible personal property located in New York State and intangible personal property employed in a business, trade or profession carried on in New York State, made while the individual was a resident of NYS, exceeds the New York State basic exclusion amount ($6,580,000) applicable for dates of death on or after January 1, 2023. www.FormsWorkflow.com