Arizona Form 74 – Fill Out and Use This PDF

Arizona Form 74 PDF Details

What This Form Covers

Arizona Form 74 is the official estate reporting document required by the Arizona Department of Revenue. Personal representatives complete this two-page form to disclose all estate assets and their fair market values as of the date of death. The form covers five categories of assets: real estate (legal descriptions and market values), bank deposits (account details and balances at the date of death), securities (company name, share count, and market value), other personal property (including automobiles and household furnishings), and insurance proceeds payable to the estate. All values must be recorded as of the date of death, and the completed form must be accompanied by a certified copy of the death certificate.

Assets You Must Report

The form divides estate assets into five sections:

• Real estate (Section A) – List each property with its legal description and market value at the date of death
• Bank deposits (Section B) – Include the bank name, account type, and balance at the date of death
• Securities (Section C) – List each stock by company name, number of shares, and value at the date of death
• Other assets (Section D) – Automobiles, household furnishings, jewelry, and other personal property
• Insurance (Section E) – Insurance proceeds payable to the estate

Required Documents

Attach the following documents when filing this form:

• A certified copy of the death certificate
• A copy of the will (if the decedent left one)
• Appraisals for real estate and other significant assets

The form also includes a section for requesting estate tax waivers for both real estate and probate assets. Each waiver request must be submitted with the appropriate supporting documentation.

Federal Estate Tax

Section I of the form asks whether a federal estate tax return is required. For deaths in 2024, the federal estate tax exemption is $13.61 million per individual. Most Arizona estates do not meet this threshold and are not required to file a federal return.

If the estate qualifies as a small estate under Arizona law, the Arizona Small Estate Affidavit may be a simpler option than full probate. For Arizona income tax filings related to the estate, see the Arizona Tax Return form.