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Oregon Free Printable 2023, Form OR-706, Oregon Estate Transfer Tax Return, 150-104-001 for 2024 Oregon Oregon Estate Transfer Tax Return and Instructions

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Oregon Estate Transfer Tax Return and Instructions
2023, Form OR-706, Oregon Estate Transfer Tax Return, 150-104-001

Clear form 2023 Form OR-706 Office use only 17512301010000 Oregon Department of Revenue Page 1 of 3, 150-104-001 (Rev. 07-11-23, ver. 01) Oregon Estate Transfer Tax Return •Amended Return •Decedent first name Submit original form—do not submit photocopy. Part 1 (Print or type) •Initial •Decedent last name , Estate •Decedent Social Security number (DSSN) – Decedent domicile (legal residence) •County •City •Date of birth / / •Date of death / / •State •Country •Year domicile established •An extension of time to file Is the estate being probated in Oregon? •A separate was previously requested election is claimed •An extension of time to pay •If Yes— Oregon county: •Oregon probate number: •Executor name •Executor mailing address – was previously requested •Executor FEIN •Executor SSN - •City - – •State •ZIP code •Executor phone •Executor title Include a copy of all required schedules and supporting documents. Part 2—Tax computation ( ) – • • • • • .00 .00 .00 .00 .00 •  8. •  9. •10. •11. •12. •13. •14. •15. •16. •17. •18. .00 .00 .00 .00 .00 .00 .00 .00 .00 .00 .00 1. Total gross estate (from page 3, part 5, line 512)...............................................................................................   1. 2. Total allowable deductions (from page 3, part 5, line 522).................................................................................   2. 3. Natural resource property exemption (see instructions).....................................................................................   3. 4. Taxable estate (line 1 minus lines 2 and 3, if applicable)....................................................................................   4. 5. Oregon estate tax (see instructions, part 6, for tax table)..................................................................................   5. .00 6. Gross value of property located in Oregon (see instructions).....................   6. .0000 % 7. Oregon percentage (line 6 divided by line 1, round to four decimal places, no more than 100%).....   7. • • 8. Tax payable to Oregon (line 5 multiplied by line 7)............................................................................................ 9. Natural Resource Credit (from Schedule OR-NRC, line 12)............................................................................... 10. Forest Conservation Tax Credit (see instructions).............................................................................................. 11. Net estate tax (line 8 minus lines 9 and 10)........................................................................................................ 12. Amount paid by original due date of return (see instructions)............................................................................ 13. Tax due. Is line 11 more than line 12? If so, line 11 minus line 12...................................................................... 14. Overpayment. Is line 12 more than line 11? If so, line 12 minus line 11........................................................... 15. Penalty for late filing or late payment (see instructions)..................................................................................... 16. Interest on late payment (see instructions)......................................................................................................... 17. Total due (add lines 13, 15, and 16)................................................................................................................... 18. Refund (line 14 minus lines 15 and 16).............................................................................................................. Signature and authorization: Under penalties of false swearing, I declare that I have examined this return, including accompanying schedules and statements. To the best of my knowledge and belief it is true, correct, and complete. If prepared by a person other than the executor, this declaration is based on all information of which the preparer has any knowledge. Executor signature Date Executor phone / / X Title ( Executor SSN – ) Executor FEIN – – – • Check the box to authorize the following individual(s) to receive and provide confidential tax information relating to this return. Title •Preparer first name (print) •Initial •Preparer last name •Preparer mailing address •City Preparer signature Phone X ( •State •ZIP code Date ) – / / •Preparer license 2023 Form OR-706 Page 2 of 3, 150-104-001 (Rev. 07-11-23, ver. 01) •Decedent first name 17512301020000 Oregon Department of Revenue •Initial •Decedent last name , Estate Part 3—Elections by the executor Check the “Yes” box for each question, if applicable. See instructions. 1. Do you elect alternate valuation?............................................................................................................................................................ • 1. Yes 2. Do you elect special use valuation? Include federal Schedule A-1........................................................................................................ 3. Do you elect to postpone the part of the taxes attributable to a reversionary or remainder interest as described in Section 6163?..................................................................................................................................................................................... • 2. Yes • 3. Yes Part 4—General information • 1. Marital status of the decedent at time of death: Married Widow or widower 2. Single Legally separated You must include a copy of the death certificate and all supporting documents. See instructions. •Date divorce decree became final / Divorced: / •Deceased spouse name •Initial •Last name •SSN of deceased – •2a. Surviving spouse name •Initial •Last name – / / •2c. Amount received (see instructions) •2b. Survivor SSN – •Date of death .00 – 3a. Individuals (other than the surviving spouse), trusts, or other estates who receive benefits from the estate (don’t include charitable beneficiaries shown in Schedule O) (see instructions). For Privacy Act Notice (applicable to individual beneficiaries only), see instructions for federal Form 1040. •Indiv. receiving $5,000 or more •Initial • Last name •Relation to decedent •Name of trust or estate receiving $5,000 or more •SSN •Indiv. receiving $5,000 or more •Initial • Last name •Relation to decedent •Name of trust or estate receiving $5,000 or more •SSN •Indiv. receiving $5,000 or more •Initial • Last name •Relation to decedent •Name of trust or estate receiving $5,000 or more •SSN •Indiv. receiving $5,000 or more •Initial • Last name •Relation to decedent •Name of trust or estate receiving $5,000 or more •SSN •Indiv. receiving $5,000 or more •Initial • Last name •Relation to decedent •Name of trust or estate receiving $5,000 or more •SSN •Indiv. receiving $5,000 or more •Initial • Last name •Relation to decedent •Name of trust or estate receiving $5,000 or more •SSN •Indiv. receiving $5,000 or more •Initial • Last name •Relation to decedent •Name of trust or estate receiving $5,000 or more •SSN – – – – – – – – – – – – – – • Amount (see instructions) •FEIN – • Amount (see instructions) •FEIN – •Amount (see instructions) •FEIN – •Amount (see instructions) •FEIN – • Amount (see instructions) •FEIN – •Amount (see instructions) •FEIN – •Amount (see instructions) •FEIN .00 .00 .00 .00 .00 .00 .00 – •• 3b. .00 •• 3c. .00 3b. All unascertainable beneficiaries and those who receive less than $5,000..................................................... 3c. Total................................................................................................................................................................. 2023 Form OR-706 Page 3 of 3, 150-104-001 (Rev. 07-11-23, ver. 01) •Decedent first name Oregon Department of Revenue 17512301030000 •Initial •Decedent last name , Estate Check the “Yes” box for each question, if applicable. 4. Does the gross estate contain any Section 2044 property [qualified terminable interest property (QTIP) from a prior gift or estate]? (Schedule F)..........................................................................................................................................................................   4. Yes If you answer “Yes” to any of questions 5–12, you must include additional information as described in the instructions. 5. a. Was any insurance on the decedent’s life not included on the return as part of the gross estate? (Schedule D, Form 712).........   5a. Yes b. Did the decedent own any insurance on the life of another that is not included in the gross estate? (Schedule D, Form 712)......................................................................................................................................   5b. Yes 6. Did the decedent, at the time of death, own any property as a joint tenant with right of survivorship in which (a) one or more of the other joint tenants was someone other than the decedent’s spouse, and (b) less than the full value of the property is included on the return as part of the gross estate? (Schedule E).......................................................................................................   6. Yes 7. a. Did the decedent, at the time of death, own any interest in a partnership or unincorporated business, limited liability company, or any stock in an inactive or closely held corporation?.................................................................................................   7a. Yes b. If yes, was the value of any interest owned (from 7a) discounted on this estate tax return? If yes, see the federal instructions on reporting the total accumulated or effective discounts taken on Schedule F or G.................................................   7b. Yes 8. Did the decedent make any transfer described in • • • • • • • Section 2035, 2036, 2037, or 2038? (Schedule G).............................................................................................................................. 9. Were there in existence at the time of the decedent’s death: a. Any trusts created by the decedent during his or her lifetime? (Schedule G and trust document)................................................. b. Any trusts not created by the decedent under which the decedent possessed any power, beneficial interest, or trusteeship? (Schedule F and trust document)........................................................................................................................... 10. Did the decedent ever possess, exercise, or release any general power of appointment? (Schedule H)..................................................................................................................................... 11. Was the decedent, immediately before death, receiving an annuity described in the “General” paragraph of the instructions for Schedule I? (Schedule I)................................................................................................................................................................. 12. Was the decedent ever the beneficiary of a trust for which a deduction was claimed by the estate of a pre-deceased spouse under Section 2056(b)(7) which isn’t reported on this return? If “Yes,” include an explanation.......................................................... Part 5—Recapitulation Gross estate (a) Alternate value   8. Yes ••  9a. Yes ••  9b. ••  10. Yes ••  11. Yes ••  12. •• 513. 514. 515. 516. 517. 518. 519. 520. 521. 522. Schedule J—Funeral expenses and expense incurred in administering property subject to claims.......... Schedule K—Debts of the decedent........................................................................................................... Schedule K—Mortgages and liens.............................................................................................................. Total of lines 513 through 515..................................................................................................................... Allowable amount of deductions from line 516 (see instructions)............................................................... Schedule L—Net losses during administration........................................................................................... Schedule L—Expenses incurred in administering property not subject to claims...................................... Schedule M—Bequests, etc., to surviving spouse (see instructions) or Oregon Schedule OR-OSMP...... Schedule O—Charitable, public, and similar gifts and bequests................................................................ Total deductions (add lines 517 through 521) (Enter here and on part 2, line 2)....................................... • • • • • • • • • • • Yes (b) Value at date of death .00 501. Schedule A—Real estate...................................................................   501. .00 502. Schedule B—Stocks and bonds.......................................................   502. .00 503. Schedule C—Mortgages, notes, and cash.......................................   503. .00 504. Schedule D—Insurance on the decedent’s life [include Form(s) 712]....   504. .00 505. Schedule E—Jointly owned property................................................   505. .00 506. Schedule F—Other miscellaneous property......................................   506. .00 507. Schedule G—Transfers during decedent’s life.......................................   507. .00 508. Schedule H—Powers of appointment...............................................   508. .00 509. Schedule I—Annuities.......................................................................   509. .00 510. Total gross estate (add lines 501 through 509)..................................   510. .00 511. Schedule U—Qualified conservation easement exclusion................   511. 512. Total gross estate less exclusion (line 510 minus line 511). .00 Enter here and on part 2, line 1.........................................................   512. Deductions Amount •• •• •• •• •• •• •• •• •• •• •• Yes .00 .00 .00 .00 .00 .00 .00 .00 .00 .00 .00 • .00 ••  513. ••  514. ••  515. ••  516. ••  517. ••  518. ••  519. ••  520. ••  521. ••  522. .00 .00 .00 .00 .00 .00 .00 .00 .00 .00 Part 6—Estate transfer tax table. See part 6 in the instructions for the tax table, computation instructions, and an example. Include a copy of all required schedules and supporting documents. Mail to: See instructions. Addresses have changed.
Extracted from PDF file 2023-oregon-form-or706.pdf, last modified July 2014

More about the Oregon Form OR706 Estate Tax TY 2023

We last updated the Oregon Estate Transfer Tax Return and Instructions in January 2024, so this is the latest version of Form OR706, fully updated for tax year 2023. You can download or print current or past-year PDFs of Form OR706 directly from TaxFormFinder. You can print other Oregon tax forms here.


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Related Oregon Estate Tax Forms:

TaxFormFinder has an additional 50 Oregon income tax forms that you may need, plus all federal income tax forms. These related forms may also be needed with the Oregon Form OR706.

Form Code Form Name
Form OR706-A Oregon Additional Estate Transfer Tax Return
Form OR706-V Oregon Estate Transfer Tax Payment Voucher and Instructions

Download all OR tax forms View all 51 Oregon Income Tax Forms


Form Sources:

Oregon usually releases forms for the current tax year between January and April. We last updated Oregon Form OR706 from the Department of Revenue in January 2024.

Show Sources >

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 Oregon Form OR706

We have a total of eleven past-year versions of Form OR706 in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:


2023 Form OR706

2023, Form OR-706, Oregon Estate Transfer Tax Return, 150-104-001

2022 Form OR706

2022, Form OR-706, Oregon Estate Transfer Tax Return, 150-104-001

2021 Form OR706

2021, Form OR-706, Oregon Estate Transfer Tax Return, 150-104-001

2020 Form OR706

2019, Form OR-706, Oregon Estate Transfer Tax Return, 150-104-001

2019 Form OR706

2019, Form OR-706, Oregon Estate Transfer Tax Return, 150-104-001

2018 Form OR706

2018, Form OR-706, Oregon Estate Transfer Tax Return, 150-104-001

2017 Form OR706

2017, Form OR-706, Oregon Estate Transfer Tax Return, 150-104-001

2016 Form OR706

2016, Form OR-706, Oregon Estate Transfer Tax Return, 150-104-001

2015 Form OR706

2015, Form OR706, Oregon Estate Transfer Tax Return, and instructions, 150-104-001

Oregon Estate Transfer Tax Return and Instructions 2014 Form OR706

2014 Form OR706, Oregon Estate Transfer Tax Return, and instructions, 150-104-001

For the Executor of an estate to file Oregon Estate Transfer Taxes. Includes form and instructions. 2012 Form OR706

Form OR706, Oregon Estate Transfer Tax Return, for all Estates, 150-104-001


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