2021 Connecticut

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Page 12021 FORM CT-706/709Connecticut Estate and Gift TaxReturn InstructionsThis booklet contains information and instructions for the following Forms and Schedules: Form CT-706/709 Form CT-706/709 EXT Schedule CT-709 Farmland Schedule CT-706 FarmlandTaxpayer information is available on our 2021 Connecticut estate and gift tax booklet should be used to report Connecticut taxable gifts made during calendar year 2021 and to compute the Connecticut estate tax on the estates of decedents dying during the calendar year 2Table of ContentsSome Important Information ..........................3Calculation of Estate Tax for Nonresidents With Interests in Certain Pass-Through Entities .........3DRS Policy on Cooperative Units ..........................3Connecticut Gift Tax Overview ...............................3Connecti cut Estate Tax Overview.

For calendar years beginning on or after January a nonresident estate. 1, 2016, but before January 1, 2019, the aggregate amount of Connecticut gift and estate tax payable shall not exceed $20 million. For calendar years beginning on or after January 1, 2019, that amount is reduced to $15 million. The calculation of gift tax payable

  2016