Form E-1 Fillable Estate Tax Return for deaths occurring after Dec. 31, 2008
(all forms fillable on Windows, Mac, Android tablets, and iPad using Adobe Reader XI)

$40 000 90 000 0 0 8% (Copies of nonresident returns must be attached ) 2 $ $ 0 $40 000 0 None 1 040 000 1 540 000 38 800 6 4% 1 540 000 2 040 000 70 800 7 2% 10 040 000 1 082 800 16 0% 133 State Street 133 State Street Ph: 1 802 828 6820 (local and out of state) 140 000 240 000 1 200 2 4% 2 040 000 2 540 000 106 800 8 0% 2 540 000 3 040 000 146 800 8 8% 240 000 440 000 3 600 3 2% 3 040 000 3 540 000 190 800 9 6% 3 540 000 4 040 000 238 800 10 4% 4 040 000 5 040 000 290 800 11 2% 440 000 640 000 10 000 4 0% 5 040 000 6 040 000 402 800 12 0% 6 040 000 7 040 000 522 800 12 8% 640 000 840 000 18 000 4 8% 7 040 000 8 040 000 650 800 13 6% 8 040 000 9 040 000 786 800 14 4% 840 000 1 040 000 27 600 5 6% 9 040 000 10 040 000 930 800 15 2% 90 000 140 000 $400 1 6% A duplicate of the estate tax closing letter issued by the IRS must be filed with this Department Check here if authorizing the VT Department of Taxes to discuss this return and attachments with your preparer Estate Tax due from Schedule A Line 6 on the back of this form Please remit this amount A Estate Tax due from Schedule B Line 8 on back of this form Please remit this amount B Estate Tax due from Schedule C Line 13 on back of this form Please remit this amount C For decedents who died after December 31 2008 and before January 1 2011 a tax is due if the sum of the tentative For decedents who died after December 31 2010 a tax is due if the sum of the tentative taxable estate and adjusted In the case where no federal tax or return is due the executor must file a complete pro forma Federal Form 706 Montpelier VT 05633 1401 Montpelier VT 05633 1401 Fax: 1 802 828 2720 Tax Due Enter here and on front of return Section C 13 $ $ using the Vermont Estate Tax Table Enter the tax amount here 4 Vermont Department of Taxes VT Department of Taxes Ph: 1 866 828 2865 (toll free in VT) When Federal tax is due and all assets are located in Vermont the first page of Federal Form 706 should be included When Federal tax is due and some assets are located outside of Vermont attach the Federal Form 706 to the Vermont * Non Vermont Gross Estate for a Vermont Resident Decedent means the total value of real estate and tangible personal ** Vermont Gross Estate for a nonresident decedent means the value of real estate and tangible personal property (cars 1 Federal tentative taxable estate from Federal Form 706 Page 1 Line 3a 1 1 Vermont estate tax from Schedule A Line 6 1 $ $ 10 Federal Total Gross from Federal Form 706 Page 1 Line 1 10 $ $ 11 Vermont Gross Estate** (see instructions for definition) 11 $ $ 12 Ratio of Vermont Gross Estate to Federal Estate (Line 11 divided by Line 10) 12 13 Adjusted Vermont estate tax (Multiply Line 9 by Line 12) 133 State Street 2 Adjustment 2 2 Tax liability actually paid for death taxes to a state other than Vermont 3 Adjusted taxable estate Subtract Line 2 from Line 1 3 3 Federal Total Gross Estate from Federal Form 706 Page 1 Line 1 3 $ $ 4 Non Vermont Gross Estate* (see instructions for definition) 4 $ $ 4 Use the amount on Line 3 above to compute the estate tax liability 5 Enter amount from pro forma Federal Form 706 Page 1 Line 12 5 5 Ratio of non Vermont Gross Estate to Federal Estate (Line 4 divided by Line 3) 5 6 Adjusted Vermont estate tax (Multiply Line 1 by Line 5) 6 $ $ 6 Vermont estate tax Enter the amount from Line 4 or Line 5 whichever is smaller 6 60 000 00 7 Enter the lesser of Line 2 or 6 7 $ $ 706 unless a federal tax is due In those cases attach the 706 excluding exhibits and appraisals ) 8 Tax Due (Line 1 less Line 7) Enter here and on front of return Section B 8 $ $ 9 Vermont estate tax from Schedule A Line 6 9 $ $ A This section is for estates of Vermont Resident Decedents where all of the decedent s property is located in Vermont Address Adjusted taxable Adjusted taxable amount in Attorney s Name and Address B This section is for estates of Vermont Resident Decedents where the decedent s property is located in Vermont and in boats clothes jewelry furniture etc ) located in Vermont at date of death C This section is for estates of Nonresident Decedents where the decedent s property is located in Vermont and in other City State ZIP Code column (1) column (1) complete the calculation on the Federal pro forma no state death tax deduction is allowed (Federal Form 706 Line 3b) and COMPUTATION SCHEDULES Date of Death Date of Filing Returns Date Telephone Number deaths occurring after December 31 2010 (Line numbers are provided from the 9 2009 version of the Federal Form 706 December 31 2008 DECLARATION OF FIDUCIARY Department of Taxes at (802) 828 6820 for more information E mail: brenda carpenter@state vt us estate equal to or estate less than Estate Tax Return excess over federal filing period is extended for deaths occurring in 2010 However this additional federal extension does not extend Fiduciary s Name and Address for a special reduction in the Vermont estate tax Contact the Vermont For additional information contact: For decedents who died after Form E 1 GENERAL INSTRUCTIONS I hereby certify this return is true correct and complete to the best of my knowledge Preparers cannot use return information for If more recent versions of the federal form are used check for the appropriate line numbers ) including all exhibits and appraisals with the Vermont Estate Tax Return is not subject to federal tax the complete 706 including exhibits and appraisals must be submitted with the Vermont return If Make checks payable to VERMONT DEPARTMENT OF TAXES and mail this form to: Montpelier VT 05633 1401 more than Name of Decedent (Last First Middle Initial) Nonresident estates that include personal property real estate or other income producing property located in Vermont are NOTE: An estate with a closely held farm business may be eligible other states (Please use computation Schedule B on the back of this form ) Phone: (802) 828 6820 PLEASE NOTE: Bank accounts stocks bonds and mortgages are intangible assets and are taxable by the State in which Preparer s property (cars boats clothes jewelry furniture etc ) which is located outside Vermont at the date of death and is purposes other than preparing returns Rate of tax on required to be filed An extension of time to file the VT Estate Tax Return does not extend the time to pay The tax estimated required to file using the total value of Vermont and out of state assets in determining Vermont Estate tax liability Resident and Nonresident return excluding exhibits and appraisals Rev 03/12 SCHEDULE A Vermont Estate Tax Calculation For use by all filers SCHEDULE B Vermont Resident Decedents with real and tangible personal property located outside Vermont (Attach a copy of SCHEDULE C Nonresident Decedents with real and tangible personal property located in Vermont (Attach a copy of the complete signature Social Security Number Special Instructions for Schedule A State of Domicile at Time of Death states (Please use computation Schedule C on the back of this form ) Tax on amount in Tax Payable taxable estate and adjusted taxable gifts as reported on Federal Form 706 is greater than $2 000 000 taxable gifts as reported on Federal Form 706 is greater than $2 750 000 taxed by another state the complete 706 unless a federal tax is due In those cases attach the 706 excluding exhibits and appraisals ) the decedent was a resident at time of death regardless of where the asset was located at the date of death the estate is subject to federal tax the exhibits and appraisals do not need to be submitted with the Vermont return The executor or other fiduciary is required to file a Vermont return for all estates with a tax due under 32 V S A 7442a the filing period executors may apply for a six month extension For estates filing a federal return the expiration of the the maximum unified credit (Federal Form 706 Line 9) is $780 800 for deaths occurring in 2006 2010 and $943 300 for the time for filing the Vermont Estate Tax Return The value to use for Schedule A Line 5 is determined from a calculation of the tax on a pro forma Federal Form 706 To The Vermont Estate Tax is due and payable by the executor or other fiduciary at the time the Vermont Estate Tax Return is This form applies only to estates of decedents who died after December 31 2008 to be due must be paid with the extension of time request To complete the worksheet below you will need to complete a pro forma Federal Form 706 leaving Line 3b blank If the estate Use Only Vermont Vermont Department of Taxes Vermont Department of Taxes 133 State Street Montpelier VT 05633 1401 Vermont Estate Tax Returns are required to be filed within nine months of the death of the decedent Prior to expiration of Vermont Estate Tax Table Computation of Estate Tax Liability Vermont Resident Decedent means a person whose domicile is in Vermont at date of death VT ESTATE TAX DEFINITIONS What to File When a Vermont Return is Required Where to File Who Must File a VT Estate Tax Return? with the Vermont return