Ward_ACCT424_Trust_Tax_Return

16 17 adjusted total income or loss subtract line 16

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16 17 Adjusted total income or (loss). Subtract line 16 from line 9 . . . 17 18 Income distribution deduction (from Schedule B, line 15). Attach Schedules K-1 (Form 1041) 18 19 Estate tax deduction including certain generation-skipping taxes (attach computation) . . . 19 20 Exemption . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20 21 Add lines 18 through 20 . . . . . . . . . . . . . . . . . . . . . . . 21 Tax and Payments 22 Taxable income. Subtract line 21 from line 17. If a loss, see page 23 of the instructions . . . 22 23 Total tax (from Schedule G, line 7) . . . . . . . . . . . . . . . . . . . . 23 24 Payments: a 2010 estimated tax payments and amount applied from 2009 return . . . . 24a b Estimated tax payments allocated to beneficiaries (from Form 1041-T) . . . . . . . . 24b c Subtract line 24b from line 24a . . . . . . . . . . . . . . . . . . . . . 24c d Tax paid with Form 7004 (see page 24 of the instructions) . . . . . . . . . . . . 24d e Federal income tax withheld. If any is from Form(s) 1099, check . . . . . . . . 24e Other payments: f Form 2439 ; g Form 4136 ; Total 24h 25 Total payments. Add lines 24c through 24e, and 24h . . . . . . . . . . . . . 25 26 Estimated tax penalty (see page 24 of the instructions) . . . . . . . . . . . . . . 26 27 Tax due. If line 25 is smaller than the total of lines 23 and 26, enter amount owed . . . . . 27 28 Overpayment. If line 25 is larger than the total of lines 23 and 26, enter amount overpaid . . 28 29 Amount of line 28 to be: a Credited to 2011 estimated tax ; b Refunded 29 Sign Here Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge. Signature of fiduciary or officer representing fiduciary Date EIN of fiduciary if a financial institution May the IRS discuss this return with the preparer shown below (see instr.)? Yes No Paid Preparer Use Only Print/Type preparer’s name Preparer's signature Date Check if self-employed PTIN Firm’s name Firm's address Firm's EIN Phone no. For Paperwork Reduction Act Notice, see the separate instructions.
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