N.J. Admin. Code § 18:26-9.1

Current through Register Vol. 56, No. 21, November 4, 2024

Section 18:26-9.1 - Date return due

(a) All New Jersey transfer inheritance tax returns must be filed, together with payment of the reported tax, within eight months following the death of the decedent. Failure of the personal representative, heir-at-law or next-of-kin, surviving joint tenant, trustee, or transferee to file a return within the time prescribed subjects such party responsible for such filing to the penalties provided in N.J.S.A. 54:35-3.

(b) The Director may grant an extension of time during which the return may be filed. An estate representative may request an extension of time to file the New Jersey transfer inheritance tax return by filing Form IT-EXT (Application for Extension of Time to File a Return). An extension may be requested for a period of four months beyond the original due date. If it is not possible to file the return within the four month extension period, the estate representative may request an additional two month extension, or a total of six months. Extension beyond six months from the original due date of the return will be granted only in cases where the Director determines that exceptional circumstances exist.

1. This subsection provides the authority only for an extension of time to file the New Jersey transfer inheritance tax return, and does not extend the time to pay the tax due. The tax liability arises as of the decedent's date of death and must be paid in full within eight months.

N.J. Admin. Code § 18:26-9.1

Adopted by 50 N.J.R. 1624(a), effective 7/16/2018