When Is A New York Estate Tax Return Required And When Is It Due?
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A New York Estate Tax Return is required when the gross estate plus prior taxable gifts are in excess of $1 million. Even though a spouse can pass an unlimited amount to his or her spouse during life or at death, the assets left to a spouse at death do count as part of the gross estate and can thereby necessitate the filing of a New York estate tax return even when all assets are left to a surviving spouse. The New York Estate Tax Return is due within 9 months of the date of death. |
