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Under Code §6166, if an estate qualifies to pay its estate tax due in installments, payments...

Under Code §6166, if an estate qualifies to pay its estate tax due in installments, payments are made beginning no later than ____ year(s) after the due date for payment.

One.

Two.

Five.

Ten.

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Answer #1

Answer is - Five years

The deferred tax is payable in no more than ten equal annual installments, beginning on a date that is not more than five years after the due date of the Federal estate tax return, which is generally nine months from the date of death.

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