Class D beneficiaries are taxed at 15% on bequests up to $700,000, with a rate of 16% for amounts above $700,000. The executor, administrator, or heir at law is the one to file the New Jersey Estate tax return. The Form IT-R computes the tax on each class and the payment of tax must be made with the form. The guidance of who actually pays for the taxes would probably be written in the will.
You could certainly ask for a copy of the IT-R. Once the estate tax is filed and paid, you would not get an 1099 to include on your return since the tax for it was already paid.
@Finkles4
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
