U.S. Income Tax Return for Estates and Trusts
Section references are to the Internal Revenue Code unless otherwise noted.
2008
Table of Contents
- Instructions for Form 1041 and Schedules A, B, G, J, and K-1 - Introductory Material
- General Instructions
- Purpose of Form
- Income Taxation of Trusts and Decedents' Estates
- Abusive Trust Arrangements
- Definitions
- Who Must File
- Electronic Filing
- When To File
- Period Covered
- Who Must Sign
- Accounting Methods
- Accounting Periods
- Rounding Off to Whole Dollars
- Estimated Tax
- Interest and Penalties
- Other Forms That May Be Required
- Additional Information
- Assembly and Attachments
- Special Reporting Instructions
- Specific Instructions
- Name of Estate or Trust
- Name and Title of Fiduciary
- Address
- A. Type of Entity
- B. Number of Schedules K-1 Attached
- C. Employer Identification Number
- D. Date Entity Created
- E. Nonexempt Charitable and Split-Interest Trusts
- F. Initial Return, Amended Return, etc.
- G. Section 645 Election
- Income
- Special Rule for Blind Trust
- Extraterritorial Income Exclusion
- Line 1—Interest Income
- Line 2a—Total Ordinary Dividends
- Line 2b—Qualified Dividends
- Line 3—Business Income or (Loss)
- Line 4—Capital Gain or (Loss)
- Line 5—Rents, Royalties, Partnerships, Other Estates and Trusts, etc.
- Line 6—Farm Income or (Loss)
- Line 7—Ordinary Gain or (Loss)
- Line 8—Other Income
- Deductions
- Limitations on Deductions
- At-Risk Loss Limitations
- Passive Activity Loss and Credit Limitations
- Transactions Between Related Taxpayers
- Line 10—Interest
- Line 11—Taxes
- Line 12—Fiduciary Fees
- Line 15a—Other Deductions Not Subject to the 2% Floor
- Line 15b—Allowable Miscellaneous Itemized Deductions Subject to the 2% Floor
- Line 18—Income Distribution Deduction
- Line 19—Estate Tax Deduction (Including Certain Generation-Skipping Transfer Taxes)
- Line 20—Exemption
- Tax and Payments
- Line 22—Taxable Income
- Line 24a—2008 Estimated Tax Payments and Amount Applied From 2007 Return
- Line 24b—Estimated Tax Payments Allocated to Beneficiaries
- Line 24d—Tax Paid WithForm 7004
- Line 24e—Federal Income Tax Withheld
- Line 24f—Credit for Tax Paid on Undistributed Capital Gains
- Line 24g—Credit for Federal Tax on Fuels
- Line 26—Estimated Tax Penalty
- Line 27—Tax Due
- Line 29a—Credited to 2009 Estimated Tax
- Schedule A—Charitable Deduction
- Schedule B—Income Distribution Deduction
- Schedule G—Tax Computation
- Other Information
- Schedule J (Form 1041) — Accumulation Distribution for Certain Complex Trusts
- Schedule K-1 (Form 1041)— Beneficiary's Share of Income, Deductions, Credits, etc.
- Instructions for Form 1041 and Schedules A, B, G, J, and K-1 - Notices
- Instructions for Form 1041 and Schedules A, B, G, J, and K-1 - Additional Material
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