Federal Estate Tax Exemption & Rate: 1997 - 2013

Federal Estate Tax Exemption & Rate: 1997 - 2013
Table Showing Federal Estate Tax Exemption and Rate: 1997 - 2013
Source: Julie Garber, About.com Guide

The exemption from federal estate taxes has increased significantly since 1997 while the estate tax rate has significantly decreased. Below is a chart that shows the changes in the estate tax exemption and estate tax rate from 1997 through 2013.

Tax years 2010 through 2012 are based on the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act ("TRA 2010") that was signed into law by President Obama on December 17, 2010. This law is only good for two years and so will sunset on December 31, 2012, meaning that on January 1, 2013, the federal estate tax exemption and rate will default to the numbers that were in effect in 2001/2002.

**TRA 2010 provides that the estate tax exemption, lifetime gift tax exemption, and generation-skipping transfer tax exemption will be indexed for inflation in 2012, hence the $120,000 increase in the 2012 estate tax exemption.

Historical and Future Federal Estate Tax Exemptions and Rates

Year	Estate Tax Exemption	Top Estate Tax Rate
1997	$600,000	55%
1998	$625,000	55%
1999	$650,000	55%
2000	$675,000	55%
2001	$675,000	55%
2002	$1,000,000	50%
2003	$1,000,000	49%
2004	$1,500,000	48%
2005	$1,500,000	47%
2006	$2,000,000	46%
2007	$2,000,000	45%
2008	$2,000,000	45%
2009	$3,500,000	45%
*2010	$5,000,000 or $0	35% or 0%
2011	$5,000,000	35%
**2012	$5,120,000	35%
2013	$1,000,000	55%

Understanding Estate Taxes
What is the Estate Tax?
Overview of Current Estate Tax Laws
How to Calculate Your Estate Tax Liability

More About Taxes
Overview of Taxes That Affect an Estate
How to Minimize Estate Taxes
When is a Federal Estate Tax Return Required to Be Filed?

Other Suggested Reading
What Are the Modified Carryover Basis Rules?
What is the Exemption from Estate Taxes?
What is the Future of the Federal Estate Tax?

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Home Improvements

Use this List of Expenditures to help document additions to the cost of your home which will reduce the gain on the sale later on. Establish a permanent file which can be used to accumulate receipts for items on this list. (Includable in Tax Basis of Personal Residence).

OUTSIDE ADDITIONS & IMPROVEMENTS

Additional acreage or lots
Surveying of property
Additions to buildings: 
  Porch
  Wings
  Breezeway
  Garage
  Work shed or other outbuildings
  Aluminum/Vinyl siding
Roofing additions or replacement
Flashing
Terraces and patios
Cement staircase
Swimming pool
Septic tank or cesspool
Sewers-assessment & connection
Lamp post
Electrical outlets
Telephone outlets
Barbecue pit
Pathways & Walks
Driveway - paving, blacktopping, or gravel
Retaining walls
Fences and gates
Play yard
Clothes dryers
Waste collecting and burning apparatus
Mail box
Storm doors
Screens & screen doors
Termite proofing
Gutters, leaders, drain pipes and dry wells
Bird bath
Garden and grounds:
  Rototill soil
  Grading
  Topsoil & fill
  Fertilizers & condition
  Grass seed
  Plants, bulbs, seeds
  Trees
  Shrubs, bushes, vines
  Waterwell & pump
  Lawn sprinkler system
Trellis

INSIDE ADDITIONS & IMPROVEMENTS
Convert basement or attic into recreation room or bedroom
Inside walls:
  Altering and plastering
  Wood paneling
  Wall tiles
Room dividers & partitions
Ceiling (acoustical)
Replace or add stairs
Flooring - wood, tile, etc. linoleum
Cabinets, closet shelves, etc.
Bookcases & other built-in furniture
Cupboards
Closets
Fireplace mantel
Radiator covers
Ventilators
Window seats
Windows:
  Replacement
  Storm sash
  Weather stripping
Accessories and equipment:
  Kitchen:
    Counter tops
    Dishwasher
    Drain boards
    Food Freezer
    Garbage dispose
    Range
    Range hood
    Refrigerator
    Sinks
    Ventilator

INSIDE ADDITIONS & IMPROVEMENTS
   Laundry:
    Dryer
    Hot plate for boiling
    Ironer
    Mangle
    Sinks
    Tubs
    Ventilator
    Washing machine Hamper
    Linen chute
    Sorting table or counter
    Supply cabinets
    Drying racks
Bathrooms:
    Medicine cabinet
    Mirrors
    Shower cabinet
    Shower controls
    Towel racks
    Tub hanger
    Tub
    Bathtub sliding doors
Unit heater/Mechanical equipment:
    Heating & air conditioning
    Furnace and appurtenances
    Air conditioning
    Attic fan
    Boiler
    Circulating system
    Cooling equipment
    Fireplace heater
    Hot water heater
    Radiators & valves
    Space heater
    Warm air grills & register 

INSIDE ADDITIONS & IMPROVEMENTS
Electricity & lighting:
  Circuit boxes
  Fuse boxes
  Lightening rods
  Wiring system
  TV antenna & wiring
Plumbing & sanitation:
  Cold water pipe
  Copper tubing
  Floor drains
  Grease traps
  Hot water tank
  Hot water pipe
  Lawn sprinkling system
  Pumps
  Septic system
  Traps
  Vent pipe
  Water supply system
Hardware fixtures/locks:
  For cabinets/closets
  For doors
  For windows
  For curtains/draperies

Lighting fixtures
Communication:

  Call bells or chimes
  Intercom system
  Telephone raceways
  Fire or burglar alarm systems
Miscellaneous items:
  Dumbwaiter
  Garbage disposal
  Insulation:
    Ceilings
    Floors
    Pipe & duct
    Roof
    Walls

Patient Protection and Affordable Care Act (PPACA)

The Patient Protection and Affordable Care Act (PPACA) is getting a lot of press these days and this would be a good time to review some of the provisions that could affect us.  While some of the law's provisions have already taken effect, many of the provisions will begin taking effect in 2013, 2014, and later years.  This is a summary of some of the more significant individual provisions that may be of interest.

Penalty for Not Maintaining Minimum Essential Coverage
The crux of PPACA is the requirement for almost all individuals to maintain minimum essential healthcare coverage (i.e., the individual mandate).  Beginning in January 2014, non-exempt U.S. citizens and legal residents are required to maintain such coverage or be subject to a penalty.  Once the penalty is fully phased in, individuals who fail to maintain minimum essential coverage are subject to a penalty equal to the greater of 2.5 percent of household income in excess of the taxpayer's household income for the tax year over the threshold amount of income required for income tax return filing for that taxpayer or $695 per uninsured adult in the household.

The per-adult annual penalty is phased in as follows: $95 for 2014; $325 for 2015; and $695 in 2016.  The percentage of income is phased in as follows: 1 percent for 2014; 2 percent in 2015; and 2.5 percent beginning after 2015.  If you file a joint return, you and your spouse are jointly liable for any penalty payment.

Premium Assistance Tax Credit
Effective for tax years ending after December 31, 2013, the law creates a refundable tax credit, called the premium assistance credit, for eligible individuals and families who purchase health insurance through an insurance exchange.  The premium assistance credit is generally available for individuals (single or joint filers) with household incomes between 100 and 400 percent of the federal poverty level for the family size involved.

Additional Hospital Insurance Tax
Beginning in 2013, the employee portion of the hospital insurance portion of FICA taxes is increased by an additional tax of 0.9 percent on wages received in excess of the threshold amount.  This additional tax is on the combined wages of the employee and the employee's spouse, in the case of a joint return.  The threshold amount is $250,000 in the case of a joint return or surviving spouse, $125,000 in the case of a married individual filing a separate return, and $200,000 in any other case.

Unearned Income Medicare Contribution Tax
Beginning in 2013, in the case of an individual, estate, or trust, an additional tax is imposed on income over a certain level.  This tax is referred to as the "unearned income Medicare contribution tax."  Others have referred to it as a tax on investment income, although it can apply to individuals, estates, and trusts that do not have investment income.  For an individual, the tax is 3.8 percent of the lesser of net investment income or the excess of modified adjusted gross income over a threshold amount.  The threshold amount is $250,000 in the case of taxpayers filing a joint return or a surviving spouse, $125,000 in the case of a married individual filing a separate return, and $200,000 in any other case.

In the case of an estate or trust, the tax is 3.8 percent of the lesser of undistributed net investment income or the excess of adjusted gross income over the dollar amount at which the highest income tax bracket applicable to an estate or trust begins.

The new tax does not apply to items that are excludible from gross income under the tax rules, such as interest on tax-exempt bonds, veterans' benefits, and any gain excludible from income when you sell a principal residence.

Increase in Medical Expense Deduction Threshold
For 2013 and later years, the floor for taking a deduction for medical expenses is increased from 7.5 percent of adjusted gross income (AGI) to 10 percent of AGI. However, for any tax year ending before January 1, 2017, the floor will be 7.5 percent if the taxpayer or the taxpayer's spouse has reached age 65 before the end of that year.

FSA Limitation
Beginning in 2013, for a health flexible spending arrangement (FSA) to be a qualified benefit under a cafeteria plan, the maximum amount available for reimbursement of incurred medical expenses of an employee, the employee's dependents, and any other eligible beneficiaries with respect to the employee, under the health FSA for a plan year (or other 12-month coverage period) must not exceed $2,500.

Estate Tax Return Checklist - Form 706: Schedules

Estate Tax Return Checklist  
Form 706: Schedules  

SCHEDULE	ITEMS LISTED
	ASSETS
A -- Real Estate	All land, buildings, warehouses, docks, piers, etc., except those owned jointly by taxpayer and another (jointly owned property goes on Schedule E).  Mortgages go on Schedule C, not A.
A-1 -- Special Use Valuation	Additional information required for computation of and election of special use valuation.
B -- Stocks & Bonds	All stocks and securities.  Savings bonds.  Stock in closely held businesses.  (Short-term notes go on Schedule C).  Interest and dividends must be shown separately.
C -- Mortgages, Notes & Cash	Cash on hand.  Short-term notes (Notes that are sufficiently long term to be bonds are on Schedule B).  Mortgages held on property owned by others.  (Does not include debts secured by mortgages, which are liabilities rather than assets; these are reflected on Schedule K or in valuing the mortgaged property).
D -- Insurance on Decedent's Life	Life insurance policies where both the decedent was the insured and the decedent had an ownership in interest in the policy or its proceeds.  (Does not include insurance on the life of another owned by decedent, or insurance on decedent's life, unless he had one of the interests discussed in this section).
E -- Jointly Owned Property	All jointly owned property even if  it would fit into one of the categories for Schedules A through D.  Includes jointly owned real estate (including tenancy by entirety), joint bank accounts, jointly owned stock, and all other property where decedent and another had a shared interest at the same time with a right of survivorship.  (Does not include interest in a partnership).
F -- Miscellaneous Property	All Assets of the estate not included in the above categories:  household effects, furniture, rugs, jewelry, paintings, sculpture, coin and stamp collections, patents, books, partnership interest, tax refunds due, insurance on the life of another, automobiles, interests in business, debts due decedent, farm products and growing crops, livestock, shares in trust funds, reversionary or remainder interest, and causes of action.
G -- Transfers During Decedent's Life	Transfers of a life insurance policy within three years of death, a relinquishment or transfer of a power of appointment (provided the power would have been includable in the estate had the decedent possessed it at death), or any transfer under IRC §§2036 through 2038 (if such life estate, interest or power would have been included if decedent possessed it at death).  Gift taxes paid on gifts within three years of death are also listed.
H -- Powers of Appointment	Powers allowing the decedent to designate the recipient of property that could be exercised in favor of the decedent, his creditors, his estate or the creditors of his estate and that the decedent could exercise immediately before his death or by his will.
I -- Annuities	Annuities, or any other contract that provides for periodic payments to decedent for any period that cannot be ascertained without reference to the date of decedent's death or that does not in fact end before decedent's death, that provide for payments to someone other than the decedent after his death.
	EXPENSES, DEBTS, ETC.
J -- Funeral Expenses & Expenses Incurred in Administering Property Subject to Claims	Expenses of the estate, funeral, decedent's last illness.  Administration expenses allowed by probate court.  (Some expenses may be deductible againsteither estate tax or income tax of the estate).
K -- Debts of Decedent & Mortgages & Liens	All debts for which decedent was liable at the time of his death.  Charge accounts, bank loans, home mortgage, debts owed to stock brokers, business debts of sole proprietorship (not a corporation), taxes due, unpaid utility bills, and other legally enforceable claims for debts.  (Does not include non-recourse debt--that for which the decedent was not personally liable but that was on his property--that is reflected in valuation of the property subject to the debt).
L -- Net Losses During Administration & Expenses Incurred in Administering Property Not Subject to Claims	Casualty, theft, etc., losses that occur during administration.  Cost of preserving and administering property not subject to claims and distributing property not subject to claims.
M -- Bequests to Surviving Spouse	All interests that qualify for the marital deduction.
N -- ESOP Deduction	Computation of deduction for qualified sales of employer securities to an employee stock ownership plan.
O -- Charitable Bequests	Property eligible for the charitable deduction is listed.
	CREDITS
P -- Credit for Foreign Death Taxes	Death taxes paid to a foreign country on foreign property that is included in the estate for US estate tax purposes.
Q -- Credit for Tax on Prior Transfers	Tax paid by estate of another on property that passed to decedent within ten years before or two years after decedent's death.
R -- Generation-Skipping Transfer Tax	Schedule is used to compute the generation -skipping transfer (GST) tax that is payable by an estate.  Schedule R-1 is used to compute the GST tax that is payable by certain trusts that are includable in the gross estate.

Reference:  Matthew Bender's Tax Manual, New York, NY, www.irs.gov 

Estate Tax Issues & Concepts at the Death of an Individual

Estate Tax Issues & Concepts at the Death of an Individual

INDIVIDUAL INCOME TAX RETURN(S) OF DECEDENT
• The death of an individual taxpayer does not terminate the responsibility for filing income tax returns for the decedent. The personal representative of the estate will have this responsibility. The personal representative is the executor (if appointed by the Will) or the administrator (if appointed by state law).

• The general rule is that the reportable income and expenses of a decedent, assuming a calendar year taxpayer, run from January 01st through midnight on the date of death (DOD). Any income or expenses that occur on behalf of a cash basis taxpayer after the date of death are to be reported by the estate.

• If the individual died early in a taxable year, it may be necessary for the personal representative to file two income tax returns for the decedent. The first return would be for the previous entire year; the second return would be for the portion of the year of death that the decedent was alive.

     ○ EXAMPLE: Joe Taxpayer died April 04, 2012. He had not yet filed his 2011 income tax return. It is therefore necessary for his personal representative to file federal and state individual income tax returns for the entire year of 2011. In addition, the personal representative may have to file individual tax returns (federal and state) for the portion of the year from January 01st through April 04th, 2012, if the filing requirements are met or if other reasons for filing exist.

ESTATE INCOME TAX RETURN(S)
• If the income of the estate exceeds $600, the personal representative must also file federal and state income tax returns for the estate (US Form 1041 -- Fiduciary Income Tax Return).  However, do not let the $600 filing limit mislead you into not filing Form 1041. There are many situations where a fiduciary income tax return should be filed even thought the $600 income filing requirement is not met. For example, there are many elections which may be made only on an estate income tax return which can prove to be very beneficial to the estate and/or the beneficiaries. These elections will be discussed in detail in later sections.

FEDERAL ESTATE TAX RETURN
• It may may also be necessary for the personal representative to file a Federal Estate Tax Return (US Form 706).  A Federal Estate Tax Return is required if the value of the assets at the date of death plus taxable gifts made after 1976 by the decedent exceeds $5,120,000 (2012).  The value of assets owned at death is to be measured using the fair market value (FMV) at the date of death of the decedent. 

• For many assets, FMV is easy to establish.   For example, bank accounts, certificates of deposits and stocks and bonds that are publicly traded are relatively easy to value. By contrast, assets such as an interest in a closely-held business or in real estate can be very difficult to value. Typically, the value of these types of assets is established by an appraisal as to fair market value at date of death. In such instances, fair market value is the gross fair market value and it is not to be reduced by expenses of sale (such as the relatively high expenses of selling real estate or of liquidating a business).

• A very commonly-held misconception is that jointly-held property is not subject to death taxes at either the federal level (estate tax) or at the state level (inheritance tax). This is absolutely false as to federal estate taxes. Additionally, this misconception is generally not true for state inheritance taxes. Perhaps this misconception is prevalent because, in many states, jointly-held property is not subject to probate procedures and probate fees (the various filing fees when an estate is opened and closed at the court probate office).

• Two assets that are reportable on a Federal Estate Tax Return that are generally not reportable on state inheritance tax returns are life insurance on the life of the deceased and taxable gifts the deceased made after 1976: 

Life Insurance. If the deceased owned the incidents of ownership of a life insurance policy on his own life, then, for federal purposes, the value payable at death is an asset of his estate. Incidents of ownership include such items as:
     1.  the ability to change beneficiaries
     2.  the right to take a policy loan
     3.  the right to cancel the policy
     4.  the right to assign the policy
     5.  the obligation to pay the premiums 

Taxable Gifts. Taxable gifts made after 1976 result from substantial changes in the federal estate and gift tax laws that were passed in 1976 and became effective, for the most part, on January 01, 1977. In essence, these legislative changes combined the federal estate and gift taxes so that the federal government would tax an individual on total gratuitous transfers made after 1976, whether these transfers were made due to death or were made as lifetime gifts in amounts in excess of an annual exclusion of $13,000 (2012), hereinafter called taxable gifts. If an individual made taxable gifts after 1976, then, at his death, his estate tax computation includes the value of all taxable gifts.

     ○ EXAMPLE:  In 2011, Joe taxpayer, made a gift of $103,000 to his son. The first $13,000 of this gift is excludable because of the annual exclusion amount. The remaining $90,000 is considered a taxable gift. Hence, at his death, Joe Taxpayer's executor must add this $90,000 to the value of any assets that Joe owned at his death to determine the total gross estate.

• It is not an uncommon occurrence for an estate, as measured for federal purposes, to exceed $5,120,000 (2012) when the value of life insurance, business interests, real estate, other assets and taxable gifts are totaled.

• The federal estate return is due nine (9) months after date of death.  It is possible to obtain a 6-month extension of time to file and to pay and to obtain an additional 6-month extension of time to file, but each extension must be specifically requested with valid reasons given for the request(s) for extension. Failure to file the federal estate tax return on time and to pay the tax due generates a penalty for failure to file of 5% per month or part thereof, plus a failure to pay penalty that is computed like interest.

• Be careful in your practice of running into an unexpected Form 706 filing requirement for a given estate. Try to get involved in the estate administration process early because you, as accountants, probably understand valuation of assets as well (if not better) than the other professionals involved in this area of practice. You can really generate allot of goodwill for your practice if you can prevent (or have abated) penalties that would have otherwise been due because of late filing and/or late payment of federal estate taxes.

EXPLANATION FOR FILING RETURN LATE OR PAYING TAX LATE - FORM 4571
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PRACTICE TIP

• In your practice, if you run across a situation where a Federal Estate Tax Return should have been filed but has not and is now delinquent, it may be worth filing along with the return a Form 4571 which is entitled "Explanation for Filing Return Late or Paying Tax Late." There are no related instructions for this form.
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Executor, Administrator, Personal Representative or Trustee -- Checklist of Forms & Due Dates to be Filed for Decedent, Estate and/or Trust

Executor, Administrator, 
Personal Representative or Trustee
---------------------------------

Checklist of Forms & Due Dates 
to be Filed for Decedent, 
Estate and/or Trust

IRS  Form No.	Title	Due Date
GENERAL
SS-4	Application for Employer Identification Number. EIN# may be requested via telephone, US Mail or visit Application for Employer Identification Number	As soon as possible. The identification # must be included in returns, statements and other documents
56	Notice Concerning Fiduciary Relationship	As soon as all necessary information is available.
4571	Explanation for Filing Return Late or Paying Tax Late	Files with any tax return (1040, 1041, 706, etc.) that is not timely filed and/or tax paid timely.
8822	Change of Address	As soon as the address is changed.
INCOME TAX
1040	US Individual Tax Return (to report income of decedent from January 01st through data of death (DOD).	April 15th of the year after death for calendar year.
1040-R	US Non-resident Alien Income Tax Return	15th day of 6th month after end of tax year.
1041	US Fiduciary Income Tax Return, (to report income from day after death until close of estate).	15th day of 4th month after end of estate's tax year; fiscal years elective by estate.
1041-A	US Information Return- Trust Accumulation of Charitable Amounts.	15th day of 4th month after end of tax year.
1041-T	Allocation of Estimated Tax Payments to Beneficiaries	Trust - by March 05th. Estate - upon termination.
1041-ES	Estimated Tax for Fiduciaries	Generally, April 15th, June 15th, Sept 15th and January 15th for calendar year filers; modify for fiscal year.
1310	Statement of Person Claiming Refund Due a Deceased Taxpayer	To be filed with Form 1040 or Form 1040-NR if refund is due. If the person claiming the refund is a surviving spouse filing a joint return with the decedent or a personal representative, this form is not required.
2688 obsolete no longer required	Application for Additional Extension of Time to file US Individual Income Tax Return to filed by August 15th. (obsolete, no longer required)	If Form 4868 is filed by April 15th, automatic 6-month extension is effective.(See Form 4868 below).
2758	Application for Extension of Time to File Certain Excise, Income, Information and Other Returns.	Sufficiently early to permit IRS to consider the application and reply before the due date of Form 1041- Estate.
4810	Request for Prompt Assessment Under IRC §6501(d)	As soon as possible after filing Form 1040 or Form 1041.
4868	Application for Automatic Extension of Time (6-months until October 15th) to File US Individual Income Tax Return.	By April 15th (for calendar year filer).
8656	Alternate Minimum Tax - Fiduciaries 1041 (being added to Form 1041 for 1992 as two additional pages).	To be filed with Form 1041. Form is used by fiduciary to compute an income distribution deduction on a minimum tax basis, alternative minimum taxable income, and alternative minimum tax.
8736	Application for Automatic Extension of Time to File Return for a US Partnership, REMIC or for Certain Trusts	By due date of Form 1041-Trust; gives automatic three-month extension to file (but not to pay).
8800	Application for Additional Extension of Time to File Return for a US Partnership, REMIC or for Certain Trusts	File in adequate time to permit the Internal Revenue Service to consider the application and apply before the return's regular or extended due date.
ESTATE TAX
706	United States Estate (and Generation-Skipping Transfer) Tax Return	9-months after decedent's date of death (DOD).
706-A	United States Additional Estate Tax Return	6-months after cessation or disposition of special-use valuation property.
706-CE	Certification of Payment of Foreign Death Tax	9-months after decedent's death. To be filed with Form 706.
706-GS (D)	Generation-Skipping Transfer Tax Return for Distributions	See form instructions
706-GS (D-1)	Notification of Distribution from a Generation-Skipping Trust	See form instructions
706-GS (T)	Generation-Skipping Transfer Tax Return for Terminations	See form instructions
706-NA	United States Estate (and Generation-Skipping Transfer) Tax Return, Estate of Non-resident Not a Citizen of the United States.	9-months after decedent's date of death (DOD).
712	Life Insurance Statement	Part I to be filed with federal estate tax return.
4768	Application for Extension of Time to file US Estate (and  Generation-Skipping Transfer) Tax Return and/or Pay Estate (and Generation-Skipping Transfer) Taxes.	Sufficiently early to permit IRS to consider the application and reply before the estate tax due date.
OTHER
1042	Annual Withholding Tax Return for US Source Income of Foreign Persons	April 15th
1042-S	Foreign Person's US Source Income Subject to Withholding	April 15th
8300	Report of Cash Payment over $10,000 Received in trade or business.	15th day after the date of the transaction.
GIFT TAX
709	United States Gift (and Generation- Skipping Transfer) Tax Return	Form 709 is an annual return. Calendar-year filers should file Form 709 on or after January 01st but not later than April 15th of the year following the calendar year when the gifts were made, unless extended. If the donor of the gifts died during the year in which the gifts were made, the executor must file the donor's Form 709 not later than the earlier of: (1) the due date (with extensions) for filing the donor's estate tax return; or (2) April 15th of the year following the calendar year when the gifts were made.  If no estate tax return is required to be filed, the due date for Form 709 (without extensions) is April 15th. Any extension of time granted to file you calendar year income tax return will also extend the time to file Form 709. Income tax extensions are made using Form 4868. If you received an extension, attach a copy of it to Form 709.
709-A	United States Short Form Gift Tax Return	Form 709-A is a calendar year return to be filed on or after January 01st but not later than April 15th of the calendar year following the year when the non-taxable split gifts were made. Any extension of time granted to file your calendar year income tax return will also extend the time to file Form 709-A. Income tax extensions are made using Form 4868. If you received an extension, attach a copy of it to Form 709-A.
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