Free F-706 - Florida

Mail to: Florida Department of Revenue PO Box 6460 Tallahassee, FL 32399-6460

Florida Estate Tax Return
for Residents, Nonresidents, and Nonresident Aliens

F-706 R. 01/09
Rule 12C-3.008 Florida Administrative Code Effective 04/09


Decedent's name (first name, middle initial, and last name) Residence (domicile) at time of death (county and state or foreign country) Name of personal representative or person in possession of decedent's property Address Name of attorney for estate, if any Address Phone number Decedent's social security number Date of death Phone number

Check here if amended return

RDS validation only - Do not write or stamp in this space

Please reply to (check one):

Personal representative Attorney for estate Preparer
FLORIDA RESIDENTS
1.___________________________ 2.___________________________ 3.___________________________ 4.___________________________

PART I
1. 2. 3. 4.

Credit for state death taxes (from federal Form 706) Estate, inheritance, or other death taxes properly paid to other states (proof of payment must be submitted) Estate tax previously paid to Florida Estate tax due or overpayment to Florida (subtract Line 2 from Line 1; if the result is a negative number, use zero; subtract line 3 from the result) ­ Enter on Line 19, Part IV

PART II
5. 6. 7. 8. 9. 10. 11.

NONRESIDENTS
5.___________________________ 6.___________________________ 7.___________________________ 8.___________________________ 9.___________________________ 10.___________________________ 11.___________________________

Credit for state death taxes (from federal Form 706) Gross value of Florida assets included in gross estate (from federal Form 706, applicable schedules) Gross value of entire federal estate (from federal Form 706) Portion of gross federal estate value attributable to Florida (Line 6 divided by Line 7 - round to 7 digits) Estate tax payable to Florida (Line 5 times Line 8) Estate tax previously paid to Florida Estate tax due or overpayment to Florida (subtract Line 10 from Line 9) ­ Enter on Line 19, Part IV

PART III NONRESIDENT ALIENS
12. 13. 14. 15. 16. 17. 18. Credit for state death taxes (from federal Form 706-NA) Gross value of taxable property in Florida Gross value of property taxable in U.S. (from Schedule B of federal Form 706-NA) Portion of U.S. property attributable to Florida (Line 13 divided by Line 14 - round to 7 digits) Estate tax payable to Florida (Line 12 times Line 15) Estate tax previously paid to Florida Estate tax due or overpayment to Florida (subtract Line 17 from Line 16) ­ Enter on Line 19, Part IV 12.___________________________ 13.___________________________ 14.___________________________ 15.___________________________ 16.___________________________ 17.___________________________ 18.___________________________

PART IV CALCULATION OF AMOUNT DUE OR OVERPAYMENT
19. 20. 21. 22. 23. Tax due or overpayment (if overpayment, enter on Line 23) Penalty if applicable (see instructions) Interest on underpayment if applicable (see instructions) Total amount due (add Lines 19, 20, and 21) Overpayment to be refunded 23. 19.___________________________ 20.___________________________ 21.___________________________ 22.

Under penalties of perjury, I declare that I have examined this return, including any additional sheets attached, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer other than the personal representative is based on all information of which the preparer has any knowledge [ss. 92.525(1)(b); 213.37; 837.06, F.S.]. __________________________________________________________________ Signature of personal representative Date Name ___________________________________________________________
(Print name of preparer)

__________________________________________________________________ Signature of preparer other than personal representative Date Address _________________________________________________________
(of preparer)

Phone __________________________________________________________
(of preparer)

City/State/ZIP ____________________________________________________
(of preparer)

ATTACH COPY OF FEDERAL ESTATE TAX RETURN (FORM 706 or 706-NA)

F-706 R. 01/09 Page 2

INSTRUCTIONS FOR FORM F-706
Where to File Mail your completed F-706 and payment to: Florida Department of Revenue PO Box 6460 Tallahassee, FL 32399-6460 If you are requesting a nontaxable certificate, include the $5.00 fee. Signature The personal representative must sign the return declaration under penalties of perjury. If someone else prepares the return, the preparer must also sign the return. Amending Form F-706 If you must change a return that has already been filed, you must complete another Form F-706 and check the amended return box on the form. If the amended return is caused by a change in your federal Form 706 or 706-NA, you must attach a statement describing the reasons and all documents related to the change, including correspondence received from the IRS and/or the amended federal Form 706 or 706-NA. Penalties and Interest Penalties ­ If tax is not paid by the due date (or approved extension date) a late payment penalty of 10% of the unpaid tax is due. After 30 days, the late penalty increases to 20%. An added penalty of 10% per month up to a maximum of 50% of the tax due is imposed if the unpaid tax is due to negligence or intentional disregard. A fraud penalty of 100% of the tax due is imposed if the unpaid tax is due to willful intent to defraud. However, the Department of Revenue is authorized to compromise or settle these penalties pursuant to section 213.21, Florida Statutes. Interest ­ Interest is due on late payments from the due date until paid. Interest rates are updated January 1 and July 1 of each year. To obtain current interest rates, visit our website at www.myflorida.com/dor. Need Assistance? Information and forms are available on our Internet site at www.myflorida.com/dor. To speak with a Department of Revenue representative, call Taxpayer Services, Monday through Friday, 8:00a.m. to 7 p.m., ET, at 800-352-3671. Persons with hearing or speech impairments may call the TDD line at 800-367-8331 or 850-922-1115. For a written reply to your tax questions, write: Taxpayer Services Florida Department of Revenue 1379 Blountstown Hwy Tallahassee, FL 32304-2716 For federal estate tax information or forms, visit the IRS website at www.irs.gov.

General Information Florida's estate tax is based on the allowable federal credit for state death taxes. Florida tax is imposed only on those estates subject to federal estate tax filing requirements and entitled to a credit for state death taxes (Chapter 198, Florida Statutes). Estate tax is not due if a federal estate tax return (Form 706 or 706-NA) is not required to be filed. (When estate tax is not due because there is no federal estate tax filing requirement, you should use Florida Form DR-312, Affidavit of No Florida Estate Tax Due, to remove the Florida estate tax lien on the property.) If a nontaxable certificate is requested, you must pay a $5.00 fee for it. Form F-706 Filing Requirements The requirement to file Form F-706 depends upon the date of death. Date of Death On or before December 31, 2004 On or after January 1, 2005 ­ December 31, 2010 On or after January 1, 2011 F-706 Required? Yes* No Yes*

*If required, Form F-706 must be filed for the estate of every Florida resident, nonresident, and nonresident alien with Florida property that is required to file a federal estate tax return (Form 706 or Form 706-NA). The personal representative must attach a signed copy of federal Form 706 or 706-NA to the Florida estate tax return. Due Dates and Extensions of Time Form F-706 and payment is due within 9 months after the decedent's death (when the federal estate tax return is due). If you need an extension of time to file or pay, you must send your request to the Internal Revenue Service (IRS). Florida does not have a separate extension form. We will grant the same extension to pay or file that the IRS does; however, you must send copies of both the extension request and approved federal extension to us within 30 days of mailing the request and 30 days of receiving the federal approval. An extension of time to file does not extend the time to pay. Interest accrues on the Florida tax due from the original due date until paid. Tax Paid to Other States For Florida residents: if estate, inheritance, or other death taxes were properly paid to other states, proof of payment must be submitted to the Florida Department of Revenue. (Proof of payment means the final certificate of payment showing the specific amounts of tax, penalty, or interest assessed and paid.) Social Security Numbers Social Security Numbers are used by the Florida Department of Revenue as unique identifiers for the administration of Florida's taxes. Social Security Numbers obtained for tax administration purposes are confidential under sections 213.053 and 119.071, Florida Statutes, and not subject to disclosure as public records.