Ward_ACCT424_Trust_Tax_Return

See page 27 of the instructions 1 tax a tax on

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(see page 27 of the instructions) 1 Tax: a Tax on taxable income (see page 27 of the instructions) . . 1a b Tax on lump-sum distributions. Attach Form 4972 . . . . 1b c Alternative minimum tax (from Schedule I (Form 1041), line 56) 1c d Total. Add lines 1a through 1c . . . . . . . . . . . . . . . . . . . 1d 2a Foreign tax credit. Attach Form 1116 . . . . . . . . . . . . 2a b General business credit. Attach Form 3800 . . . . . . . . . . 2b c Credit for prior year minimum tax. Attach Form 8801 . . . . . . 2c d Bond credits. Attach Form 8912 . . . . . . . . . . . . . 2d 3 Total credits. Add lines 2a through 2d . . . . . . . . . . . . . . . . . . . 3 4 Subtract line 3 from line 1d. If zero or less, enter -0- . . . . . . . . . . . . . . . . 4 5 Recapture taxes. Check if from: Form 4255 Form 8611 . . . . . . . . . . . 5 6 Household employment taxes. Attach Schedule H (Form 1040) . . . . . . . . . . . . 6 7 Total tax. Add lines 4 through 6. Enter here and on page 1, line 23 . . . . . . . . . . 7 Other Information Yes No 1 Did the estate or trust receive tax-exempt income? If “Yes,” attach a computation of the allocation of expenses Enter the amount of tax-exempt interest income and exempt-interest dividends $ 2 Did the estate or trust receive all or any part of the earnings (salary, wages, and other compensation) of any individual by reason of a contract assignment or similar arrangement? . . . . . . . . . . . . . . . 3 At any time during calendar year 2010, did the estate or trust have an interest in or a signature or other authority over a bank, securities, or other financial account in a foreign country? . . . . . . . . . . . . . . See page 29 of the instructions for exceptions and filing requirements for Form TD F 90-22.1. If “Yes,” enter the name of the foreign country 4 During the tax year, did the estate or trust receive a distribution from, or was it the grantor of, or transferor to, a foreign trust? If “Yes,” the estate or trust may have to file Form 3520. See page 29 of the instructions . . . . 5 Did the estate or trust receive, or pay, any qualified residence interest on seller-provided financing? If “Yes,” see page 29 for required attachment . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 If this is an estate or a complex trust making the section 663(b) election, check here (see page 29) . .
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