Form 4768

Form 4768

A form that one files with the IRS in order to ask for a six-month extension of time to file Form 706, which is the estate tax return, and other forms in the 706 series. The first extension is granted automatically. The form may also be used to apply for additional extensions, though these are granted on a discretionary basis.
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The court looked at other factors to determine the estate's intent and concluded that three circumstances indicated that the estate intended to make a partial estate tax payment: (1) the careful estimate of the estate tax liability and the amount of the remittance by the estate's accountant; (2) the manner in which the accountant completed Form 4768, Application for Extension of Time to File a Return and/or Pay U.
This section provides that Form 4768 should be filed sufficiently early to permit the IRS time to consider the matter and reply before what otherwise would be the due date of the return.
Thus, the court further held that an application for a second extension made on an altered Form 4768, Application for Extension of Time to File a Return and/or Pay U.
1,2011, and June 30, 2011, the IRS has granted a six-month extension to file Form 706, even if the executor did not timely file a Form 4768.
A separate section of federal Form 4768 must be completed to request an estate tax payment extension;
To obtain an extension of time to pay, the executor must complete Part III of Form 4768 and enter the requested extension date in the box in that part.
He altered a standardized Form 4768 by hand to request an additional six-month extension to Oct.
As a result of her visit to the IRS, the executrix filed Form 4768, Application for Extension of Time To File a Return and/or pay U.
20, a regulation was proposed to allow an automatic six-month extension if Form 4768 is filed by the return's original due date and includes an estimate of the full tax due.
A payment extension request requires completion of a separate section of IRS form 4768.
A filed Form 4768, Application for Extension of Time to File a Return, for E and tendered two checks totaling $140,000 to the ILLS.
Under the proposed regulations, executors may request an automatic six-month extension by submitting Form 4768, Application for Extension of Time To File a Return and/or Pay U.