Instructions for Form OR-706, 150-104-001 Oregon Estate Transfer Tax Return - Oregon

Form OR-706 (150-104-001) Oregon Estate Transfer Tax Return - Oregon

This document contains official instructions for Form OR-706 , and Form 150-104-001 . Both forms are released and collected by the Oregon Department of Revenue. An up-to-date fillable Form OR-706 (150-104-001) is available for download through this link.

FAQ

Q: What is Form OR-706?
A: Form OR-706 is the Oregon Estate Transfer Tax Return.

Q: Who needs to file Form OR-706?
A: Form OR-706 must be filed by the executor or personal representative of an estate when the decedent's gross estate exceeds the exclusion amount for Oregon estate transfertax purposes.

Q: What is the purpose of Form OR-706?
A: The purpose of Form OR-706 is to calculate and report the Oregon estate transfer tax due on the decedent's estate.

Q: What information do I need to complete Form OR-706?
A: To complete Form OR-706, you will need information about the decedent's gross estate, deductions, and any previous transfers subject to Oregon estate transfer tax.

Q: Are there any filing deadlines for Form OR-706?
A: Yes, Form OR-706 must be filed within nine months of the decedent's date of death or within one year if an extension of time to file has been granted.

Q: Is any payment required with Form OR-706?
A: Yes, the Oregon estate transfer tax due must be paid with the filing of Form OR-706.

Q: Can I file Form OR-706 electronically?
A: No, at this time, Form OR-706 cannot be filed electronically and must be filed by mail.

Q: What should I do if I need help with Form OR-706?
A: If you need help with Form OR-706, you can contact the Oregon Department of Revenue for assistance.