Form 4422 PDF Details

When managing the aftermath of a loved one's passing, dealing with estate matters can be complex and emotionally taxing. Among the various tasks is addressing the estate tax implications that may affect the decedent's property. Here, Form 4422, issued by the Department of the Treasury Internal Revenue Service, plays a pivotal role. It serves as an Application for Certificate Discharging Property Subject to Estate Tax Lien, ensuring that specific property can be transferred, sold, or mortgaged free from the federal estate tax lien that automatically arises upon death. This form is necessary when the estate includes assets that the executor, administrator, or other responsible individual wishes to dispose of before settling the estate tax. Applicants must provide detailed information about the decedent, including their name, date of death, legal residence at time of death, and social security number. Furthermore, it requires data on the estate's gross values, deductions, and whether Form 706, the United States Estate (and Generation-Skipping Transfer) Tax Return, has been filed. Additionally, circumstances such as elections made regarding the valuation of certain types of property, requests for deferment of estate taxes, and details about any planned property sales, transfers, or mortgages must be disclosed. Efficiently navigating through Form 4422 entails a thorough understanding of its components, supporting documentation requirements, and the submission process, all aimed at facilitating a smoother transaction and compliance with IRS regulations.

QuestionAnswer
Form NameForm 4422
Form Length2 pages
Fillable?No
Fillable fields0
Avg. time to fill out30 sec
Other names2032A, 668-H, irs form 4422, valuation

Form Preview Example

Form 4422

Department of the Treasury – Internal Revenue Service

Year legal residence

Application for Certificate Discharging

was established

 

(Rev. April 2010)

Property Subject to Estate Tax Lien

 

 

 

 

 

 

Name of decedent (Last name, First name, Middle initial)

Date of death

 

 

Decedent's legal residence at time of death

Decedent's social security

 

 

number (SSN)

 

 

 

To: Area Director, Internal Ueyenue Seryice,

As provided by Internal Revenue Code section 6325(c), I apply for a certificate discharging property subject to an estate tax lien. This property belongs to, or forms a part of, the gross estate of the decedent named above.

Form 706 has been filed

Yes

No

If “Yes,” give date it was filed

Amount of tax paid

$

Give the gross estate values and deductions as reported on Form 706. If Form 706 has not been filed, show approximate amounts.

 

Jross Estate Yalues

 

 

 

Jross Estate Yalues (CONTINUED)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Real estate

 

 

$

 

 

All other property

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Stocks and bonds

 

 

 

 

 

 

 

Total Jross Estate

 

 

$

 

 

 

 

 

 

 

 

 

 

 

 

 

Mortgages, notes, and cash

 

 

 

 

 

 

 

Deductions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Insurance on decedent's life

 

 

 

Funeral and administrative

 

 

 

 

$

 

 

 

 

expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Jointly owned property

 

 

 

Debts of decedent

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Transfers during decedent's life

 

 

 

Marital deduction

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Powers of appointment

 

 

 

Other deductions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Annuities

 

 

 

 

 

Charitable gifts and bequests

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Deductions

 

 

$

 

 

 

 

 

 

 

 

 

 

 

 

 

If property is to be sold, transferred, or mortgaged, please complete the follozing1

 

 

 

 

 

 

a. Election made to value certain farm and

b. Request granted to defer

 

c. Payment deferred as provided by (“x” applicable box)

business real property as

 

payment of estate taxes

 

 

 

 

 

 

 

 

 

provided by IRC section 2032A

 

Yes (Complete Item c.)

 

6161

 

6166

 

 

Other (specify)

 

 

 

 

 

 

 

 

 

Yes

No

 

No

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Name and address of the purchaser, transferee, or mortgagee

 

Relationship to applicant and decedent

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Consideration paid or to be paid

 

 

 

 

 

 

 

 

 

 

$

 

 

 

 

 

 

 

 

 

 

 

Xnder penalties of perjury, I declare that I haye examined this application, including accompanying schedules

and statements, and to the best of my nnozledge and belief, it is true, correct, and complete1

 

 

Applicant

 

Signature

 

 

 

 

 

 

 

 

 

 

Date signed

Sign here

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Name and address of applicant

 

 

 

Name and address of attorney for applicant

 

 

 

 

 

Relationship of applicant to estate

Phone number of applicant

 

Phone number of attorney for applicant

(Executor, Administrator, or other title)

(

)

 

 

 

(

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Catalog No. 41642G

 

www.irs.gov

 

 

 

 

 

 

Form 4422 (Rev. 4-2010)

Instructions for Completing Form 4422,

Application for Certificate Discharging Property Subject to Estate Tax Lien

1.Attach a statement giving your reasons for applying for this certificate.

NOTE: If we have issued any other discharges on this estate, please include the dates and the amounts.

2.Attach a description of the property for which you want a certificate of discharge. Show the value of the property and the basis of the valuation. If the property consists of real estate, attach a separate legal description and a preliminary title report for each parcel.

3.Attach any of the following documents that apply:

Short form of letters testamentary,

Copy of will,

Copy of sale contract and closing statement (or proposed closing statement),

Copy of the Form 706, and

A copy of the inventory and appraisement reflecting all assets of the estate.

4.Submit a Form 8821, Tax Information Authorization. Completing this form gives the Internal Revenue Service the authority to contact individuals or companies, if necessary, when determining if the discharge is appropriate.

5.Provide the name, address, and telephone number of the closing attorney or representative of the settlement company.

6.The Area Director may request that you furnish additional information. The Area Director will have your application investigated to determine whether to issue the certificate and will let you know the outcome.

7.If the Form 706 has been filed and the Letter 627, Estate Tax Closing Letter, has been issued, submit in duplicate your written request and all accompanying documents to:

Internal Revenue Service

Advisory Estate Tax Group

55 South Market St.

Mail Stop 5350

San Jose, CA 95113-2324

Attn: Group Manager

Requests for discharge of property described on lien Forms 668-H or 668-J will be processed by the Advisory Estate Tax Group.

8.If the Form 706 has not been filed or the Form 706 has been filed and the Letter 627, Estate Tax Closing Letter, has not been issued, submit in duplicate your written request and all accompanying documents to:

Internal Revenue Service

Attn: Estate & Gift Tax Group Manager

ADDRESS TO THE IRS AREA OFFICE NEAREST

TO WHERE THE DECEDENT RESIDED.

NOTE: You can also obtain the appropriate mailing address by calling the Toll-free number (866) 699-4083.

Catalog No. 41642G

www.irs.gov

Form 4422 (Rev. 4-2010)

How to Edit Form 4422 Online for Free

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With regards to the fields of this specific PDF, this is what you need to know:

1. First, while filling in the 2010, begin with the form section that has the following blanks:

The right way to fill in appraisement stage 1

2. Once your current task is complete, take the next step – fill out all of these fields - Jointly owned property, Transfers during decedents life, Powers of appointment, Annuities, Funeral and administrative expenses, Debts of decedent, Marital deduction, Other deductions, Charitable gifts and bequests, Total Deductions, If property is to be sold, c Payment deferred as provided by, business real property as provided, Yes, and b Request granted to defer payment with their corresponding information. Make sure to double check that everything has been entered correctly before continuing!

Writing segment 2 in appraisement

Always be very careful when filling in business real property as provided and Yes, since this is the part in which most users make some mistakes.

3. This stage is generally simple - fill in all of the form fields in Applicant Sign here Name and, Name and address of attorney for, Relationship of applicant to, Phone number of applicant, Phone number of attorney for, Catalog No G, wwwirsgov, and Form Rev to conclude this process.

Relationship of applicant to, Phone number of attorney for, and Phone number of applicant of appraisement

4. The subsequent subsection will require your involvement in the subsequent places: Internal Revenue Service Attn, NOTE You can also obtain the, number, Catalog No G, wwwirsgov, and Form Rev. Make certain to enter all required information to go onward.

NOTE You can also obtain the, Form  Rev, and wwwirsgov in appraisement

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