Ohio Application for Extension of Time to File Ohio Estate Tax Return
Form ET 24 is obsolete, and is no longer supported by the Ohio Department of Revenue.
Extracted from PDF file 2019-ohio-form-et-24.pdf, last modified April 2012
Application for Extension of Time to File Ohio Estate Tax ReturnOhio I ET 41 Rev. 4/12 Depa!1ment of Taxation Reset Form Estate Tax Unit P.O. Box 183050 Columbus, OH 43218-3050 1-(800) 977-7711 tax.ohio.gov ET File No. Application for Extension of Time to Pay Ohio Estate Tax For Dates of Death July 24, 1986 – Dec. 31, 2012 Attach Copy to Estate Tax Form 2 When Return Is Filed Part I – Identiﬁcation (print or type) Decedent’s last name Decedent’s ﬁrst name and middle initial Date of death Probate court and case number Estate tax return due date Name of application preparer Address of application preparer (number and street) City, state and ZIP code Part II – Extension of Time to Pay (Ohio Revised Code Section 5731.25) You must attach your written statements to explain in detail why it would cause undue hardship to pay the full amount of the estate tax by the estate tax return due date. Extension date requested (not to exceed one year). Month Day Year 1. Amount of estate tax estimated to be due ........................................................................... $ 2. Tax amount not subject to deferral ..................................................................................... $ 3. Tax shortage claimed (subtract line 2 from line 1) ............................................................. $ Part III – Signature and Veriﬁcation If prepared by executor, administrator or person in possession of property – Under penalties of perjury, I declare that to the best of my knowledge and belief, the statements made herein are true and correct. Signature of executor, administrator or person in possession of property Title Date If prepared by someone other than executor, administrator or person in possession of property – Under penalties of perjury, I declare that to the best of my knowledge and belief, the statements made herein are true and correct. Signature of preparer other than executor, administrator or person in possession of property Title Date Part IV – Notice to Applicant – To Be Completed By the Ohio Department of Taxation The application for extension of time to pay (Part II) is: Approved Not approved because Other Tax commissioner I By I Date ET 41 Rev. 4/12 Page 2 How and Where to File Complete and ﬁle estate tax form 41 in duplicate with the Estate Tax Unit Ohio Department of Taxation P.O. Box 183050 Columbus, OH 43218-3050 General Instructions Who May File: Under R.C. section 5731.25, the personal representative who is required to ﬁle the estate tax return for the decedent’s estate may ﬁle estate tax form 41, Application for Extension of Time to Pay Ohio Estate Tax. “Personal representive” means the executor, executrix, administrator or administratrix of the decedent’s estate. If no executor, executrix, administrator or administratrix is appointed, “personal representative” means any person in actual or constructive possession of any property of the decedent. Also, an authorized attorney, certiﬁed public accountant, trustee, or agent holding a power of attorney may ﬁle this form to apply for an extension of time on behalf of the personal representative. The form must be signed by the person ﬁling the application. The person who ﬁles should insert their appropriate title in Part III. When to File: Estate tax form 41 is required to be ﬁled in adequate time to permit the Estate Tax Unit to consider the application and reply before the estate tax return due date. Interest: Interest from nine months from date of death must be paid on the part of the estate tax for which an extension of time to pay is approved. Note: The part of the estate tax for which an extension is not granted is due nine months from date of death. Speciﬁc Instructions Extension of Time to Pay (R.C. section 5731.25) – An extension of time to pay under R.C. section 5731.25 may not exceed 12 months. A discretionary extension of time to pay for undue hardship may not exceed 14 years. Different extension periods may be applicable to extensions of time granted for a deﬁciency (an R.C. section 5731.25(B) election, reversionary or remainder interest). reasonable allowance during the remaining period of administration of the estate for the decedent’s surviving spouse and dependent children, and to satisfy claims against the estate that are due and payable. Furthermore, the personal representative has made a reasonable effort to convert assets in the personal representative’s possession into cash. The application must establish why it is impossible or impractical for the personal representative to pay the full amount of the estate tax by the estate tax return due date. Examples of undue hardship include the following: 5. A signiﬁcant portion of the gross estate consists of a farm or a closely held business, and there are not readily available, sufﬁcient funds in the gross estate to pay an estate tax imposed by this chapter and any federal estate tax. For purposes of this unit, funds shall not be considered readily available because the farm or closely held business could be sold to persons who are not related by consanguinity or afﬁnity to the decedent, at a price that equals the fair market value of the farm or closely held business. 1. An estate includes sufﬁcient liquid assets to pay the estate tax when otherwise due. The liquid assets, however, are located in several jurisdictions and are not immediately subject to the control of the personal representative. Consequently, such assets cannot readily be marshalled by the personal representative even with the exercise of due diligence. 2. An estate is composed in substantial part of assets consisting of rights to receive payments in the future (i.e., annuities, copyright royalties, contingent fees, or accounts receivable). These assets provide insufﬁcient present cash with which to pay the estate tax when otherwise due and the estate cannot borrow against these assets except upon terms that would inﬂict loss upon the estate. 3. An estate includes a claim to substantial assets that cannot be collected without litigation. Consequently, the size of the gross estate is unascertainable at the time the tax is otherwise due. 4. An estate does not have sufﬁcient funds (without borrowing at a rate of interest higher than that generally available) with which to pay the entire estate tax when otherwise due. To provide a 6. Assets in the gross estate that would have to be liquidated to pay an estate tax imposed by this chapter when due could only be sold at a price that is considered a sacriﬁce price or could only be sold in a depressed market. In general, an extension of time to pay will be granted only for the amount of the cash shortage. The amount of the estate tax, the amount of the cash shortage, and the balance due must be shown in Part II. The Department of Taxation will complete Part IV and return two copies to the applicant. Please attach one copy to the estate tax return that is ﬁled. Submit a copy with any separate payment. An approved extension of time to pay does not extend the time to ﬁle date. Use estate tax form 24 to obtain an extension of time to ﬁle the return.
More about the Ohio Form ET 24 Estate Tax Extension
We last updated the Application for Extension of Time to File Ohio Estate Tax Return in June 2021, and the latest form we have available is for tax year 2019. This means that we don't yet have the updated form for the current tax year. Please check this page regularly, as we will post the updated form as soon as it is released by the Ohio Department of Taxation. You can print other Ohio tax forms here.
Other Ohio Estate Tax Forms:
Ohio usually releases forms for the current tax year between January and April. We last updated Ohio Form ET 24 from the Department of Taxation in June 2021.
Form ET 24 is an Ohio Estate Tax form. The IRS and most states will grant an automatic 6-month extension of time to file income tax and other types of tax returns, which can be obtained by filing the proper extension request form. Obtaining an extension will prevent you from being subject to often very large failure-to-file penalties. However, in most cases this extension does not exempt you from the requirement to pay any tax owed in full by the return's original filing date.
About the Estate Tax
The IRS, and many states, impose an estate tax on the transfer of cash and property between a decedent and their beneficiaries. These taxes generally only apply to estates over a certain size threshold, generally several million dollars, and therefore only affects the largest few percent of estates in the United States.
Historical Past-Year Versions of Ohio Form ET 24
We have a total of seven past-year versions of Form ET 24 in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:
While we do our best to keep our list of Ohio Income Tax Forms up to date and complete, we cannot be held liable for errors or omissions. Is the form on this page out-of-date or not working? Please let us know and we will fix it ASAP.