NAC375A.020. Documentation of tax due on transfer of certain taxable estates; remittance of tax.

     1. The documentation required pursuant to NRS 375A.150 includes, without limitation:

     (a) A copy of the first page of Form 706 of the Internal Revenue Service;

     (b) If the decedent owned any property in another state, a copy of any pertinent schedules showing the allocation of property belonging to each state and proof of payment for the portion of the estate tax of each state;

     (c) If a deferred payment plan has been accepted and approved by the Internal Revenue Service, a copy of the deferred payment plan and a copy of the acceptance and approval of the deferred payment plan by the Internal Revenue Service; and

     (d) A copy of each amended Form 706 of the Internal Revenue Service, if any, and the appropriate reconciliation.

     2. A personal representative who is required to file documentation with the department pursuant to NRS 375A.150 shall remit any applicable tax, interest and penalty owed to the department pursuant to chapter 375A of NRS at the time he files the documentation required pursuant to NRS 375A.150.

     (Added to NAC by Tax Comm’n by R182-99, eff. 5-16-2000)