Download New York Et 133 Template in PDF

The New York ET-133 form is essential for those managing an estate, particularly when seeking extensions for filing or paying estate taxes. Several other documents serve similar purposes, ensuring that executors and representatives can navigate the complexities of estate management effectively. Here’s a look at seven documents that share similarities with the ET-133 form:

• Form ET-141: New York State Estate Tax Domicile Affidavit - This form is used to establish the domicile of the decedent, which is crucial for determining tax obligations. Like the ET-133, it requires detailed information about the decedent’s residency and estate.
• Form ET-14: Estate Tax Power of Attorney - This document allows an executor to authorize another person to act on their behalf regarding estate tax matters. Similar to the ET-133, it facilitates communication and action in estate management.
• Form 706: United States Estate (and Generation-Skipping Transfer) Tax Return - This federal form is used to report estate taxes owed to the IRS. Both forms require comprehensive information about the estate and its assets, ensuring compliance with tax laws.
• Form 1041: U.S. Income Tax Return for Estates and Trusts - This form is filed by the estate to report income generated after the decedent’s death. Like the ET-133, it highlights the financial responsibilities of the executor in managing the estate.
• Form 56: Notice Concerning Fiduciary Relationship - This document notifies the IRS of the appointment of a fiduciary, similar to how the ET-133 communicates the executor's role in the estate process.
• Form 1040: U.S. Individual Income Tax Return - If the decedent was required to file a personal income tax return, this form must be completed. Both the 1040 and ET-133 require accurate reporting of financial information relevant to the estate.
• Form NYS-1: New York State Withholding Tax Form - This form is used for reporting and paying withholding taxes for employees of the estate. Like the ET-133, it ensures that all tax obligations are met in a timely manner.

Each of these documents plays a vital role in the estate management process, helping to ensure that all legal and tax obligations are fulfilled appropriately. Understanding their similarities can help executors navigate their responsibilities more effectively.

Guide to Filling Out New York Et 133

Filling out the New York ET-133 form is an important step for executors seeking an extension of time to file or pay estate tax. Once you complete this form, you will submit it to the New York State Department of Taxation and Finance. They will review your application and notify you of their decision.

1. Begin by entering the decedent's last name, first name, and middle initial.
2. Provide the decedent's social security number.
3. Fill in the address of the decedent at the time of death, including the city, state, and ZIP code.
4. Indicate the county of residence.
5. If applicable, mark an X in the box to confirm that a copy of the death certificate is attached.
6. If the decedent was a nonresident of New York State, mark an X in the appropriate box and attach Form ET-141.
7. Enter the type of Letters Testamentary or Letters of Administration if you are submitting them with this form. Use L for regular letters, LL for limited letters, or N if you are not submitting letters.
8. Provide the attorney's or authorized representative's last name, first name, and middle initial, along with the firm's name if applicable.
9. Fill in the address, city, state, ZIP code, telephone number, and email address of the attorney or authorized representative.
10. Enter the executor's last name, first name, and middle initial.
11. If there is more than one executor, mark an X in the box provided.
12. Complete the address, city, state, ZIP code, and social security number of the executor.
13. Mark an X if a Power of Attorney (POA) is attached.
14. Indicate the extension of time to file by marking an X and providing a detailed explanation of why the return cannot be filed within nine months.
15. For the extension of time to pay, mark an X and explain why payment by the due date would cause undue hardship. Include any documentation of efforts to convert assets to pay the tax.
16. If the size of the estate is unascertainable, mark the appropriate box and attach an explanation.
17. Request the extension date by filling in the month, day, and year.
18. Sign the form and date it, confirming that the information provided is true and correct.

Once you have completed the form, make sure to mail it to the NYS Estate Tax Processing Center along with any required payment. Be mindful of the nine-month deadline from the date of death to avoid penalties. Keep a copy of the form for your records.