This is a legal form that was released by the New Jersey Department of the Treasury - a government authority operating within New Jersey. As of today, no separate filing guidelines for the form are provided by the issuing department.
Q: What is Form IT-R?
A: Form IT-R is the Inheritance TaxResident Return for New Jersey.
Q: Who needs to file Form IT-R?
A: Anyone who is a resident of New Jersey and is required to pay inheritance tax needs to file Form IT-R.
Q: What is the purpose of Form IT-R?
A: The purpose of Form IT-R is to report and calculate the amount of inheritance tax owed to the state of New Jersey.
Q: When is Form IT-R due?
A: The due date for Form IT-R is 8 months after the decedent's death.
Q: Is there a penalty for late filing of Form IT-R?
A: Yes, there is a penalty for late filing of Form IT-R. The penalty is 5% of the tax due for each month the return is late, up to a maximum of 25%.
Form Details:
Download a fillable version of Form IT-R by clicking the link below or browse more documents and templates provided by the New Jersey Department of the Treasury.