What is Form ET-85?
Form ET-85, New York State Estate Tax Certification, is used to confirm that estate taxes have been paid for a deceased person's estate. This form is essential when transferring property ownership or settling an estate, as it ensures compliance with state tax laws. Completing this form helps prevent delays in the estate settlement process. It provides proof to beneficiaries and financial institutions that all tax obligations have been met, which is critical for a smooth transition of assets.
What is Form ET-85 used for?
Form ET-85, New York State Estate Tax Certification, is important for estate tax matters. Here’s what it’s used for:
- to confirm estate tax payments.
- to certify the estate's value.
- to facilitate property transfers.
How to fill out Form ET-85?
- 1
Access the ET-85 form in the PDF editor and review the instructions carefully.
- 2
Complete all required fields, including the decedent's information and estate details.
- 3
Double-check figures to ensure accuracy in calculations.
- 4
Provide any necessary supporting documentation as indicated.
- 5
Prepare your signature; refer to official sources for the latest signature requirements.
- 6
Save your completed form for submission.
Who is required to fill out Form ET-85?
The executor, administrator, or personal representative completes form ET-85 for estate tax certification in New York. This is necessary for settling estate tax obligations.
After completion, the form is used by the New York State Department of Taxation and Finance for processing estate taxes.
When is Form ET-85 not required?
You don’t need form ET-85 if the estate’s value is below the New York State exemption amount, which was $6.11 million in 2023.
Also, if the estate qualifies for a federal estate tax but does not owe any New York estate tax, you can skip this form. Always check the latest guidelines from the New York State Department of Taxation and Finance to confirm your situation.
When is Form ET-85 due?
The deadline for Form ET-85 is nine months after the date of death. This form is used when the estate is not required to file a New York State estate tax return, or if an extension has been granted. The executor or applicant must sign and notarize the form, and it must be mailed to the NYS Estate Tax Processing Center in Albany, NY 12212-5167.
How to get a blank Form ET-85?
To obtain a blank ET-85 form, New York State Estate Tax Certification, visit the New York State Department of Taxation and Finance website. Our platform has a blank version pre-loaded, ready for you to fill out and download, but remember, we do not support filing forms.
How to sign Form ET-85?
To sign Form ET-85, New York State Estate Tax Certification, you can download the PDF, print it, and sign it by hand. According to official sources, handwritten signatures are acceptable, but it's recommended to check for the latest updates.
Where to file Form ET-85?
Form ET-85 can be filed by mail to the New York State Department of Taxation and Finance. Ensure you send it to the correct address to avoid delays.
Currently, there is no option to file Form ET-85 online. Always check for the latest guidelines on the New York State website for any updates.
