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Hawaii Form 706-NA: What You Should Know
The income limitations under Section 703 and 6011, respectively, apply to the estate tax also. What is Form 706-NA? Federal tax and estate tax will be due on deceased nonresident aliens dying after 2018–19. General Instructions. This form allows any nonresident alien decedent to determine the size of taxable estate that is subject to federal tax and the tax liability that the estate owes. About Form 706-NA, United States Estate (and Generation-Skipping Transfer) Tax (GST) Return. The Department can extend the time to file for individuals who are eligible under Section 6011. For more information on these extension procedures, see General Instructions. Form 706-NA is used to compute estate and transfer tax liability for U.S. persons who are deemed permanent residents. U.S. citizens who are naturalized can use this same form for estate and transfer tax liabilities of permanent residents when their relationship to the deceased U.S. person is determined by the personal relationship test. Form 706, 706-NA, 706-D, and 706-GA Instructions This form can be used to compute GST liability on nonresident estates subject to estate and transfer tax under Rev. Stat. §706-8(f). (Rev. July 3, 2018) GST, estate tax, and transfer tax are imposed on certain types of assets owned by a decedent. The specific tax due under Rev. Stat. §706-8 is determined by the decedent's gross estate. The estate tax payable under Rev. and Code §706-8(f), the GST payable under Rev. and Code §712-6(a), and transfer tax paid under Rev. and Code §709-3(a). General Instructions.
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