NJ Inheritance Tax return IT-R question

[Greenbriar]

NJ exempts certain items from inheritance, e.g. <$500, spouse, children, state & fed pension et al. My question is whether these have to be entered on the NJ IT-R even though they are exempt from inheritance tax. Decedent was NJ resident. Thank you.

[TAXNJ]

Is the person preparing the return an Attorney, CPA or Enrolled Agent? Reason see summary of the NJ provisions N.J.A.C. 18:26-12.2(a)1.iv below. At one time only attorneys allowed to prepare the returns.

See column "Exempt" on the IT-R (9-11), by following the columns and lines 9 to 14 to arrive at Total Tax Due. The instructions and form has not been updated in years.

to save you much aggravation, a little known fact to be aware of:

Under the provisions of N.J.A.C. 18:26-12.2(a)1.iv, before beginning work on a New Jersey transfer inheritance tax return, CPAs, and now enrolled agents, must notify the client in writing that “review of the return by a qualified attorney may be desirable because of the possible application of legal principles to the preparation of the tax return.” A copy of the properly executed notification must be filed with the transfer inheritance tax return.

[Greenbriar]

Good info TAXNJ, thank you. I am preparing, attorney is signing. I'll include all exempt items and show on the appropriate "Exempt" line.