Form Ri-1041 - Rhode Island Fiduciary Income Tax Return - 2006 Page 2

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SCHEDULE I
BENEFICIARY INFORMATION
(All estates and trusts must complete this schedule)
State of
Residence
Name
Address
Social Security Number
25.
Beneficiary ..........................
26.
Beneficiary ..........................
27.
Beneficiary ..........................
If more space is needed, please attach the required information on a separate sheet of paper.
ALLOCATION AND MODIFICATION
SCHEDULE II
(To be completed by trusts and estates with nonresident beneficiaries)
Column A
Column B
Column C
Column D
Column E
Column A times total
Column A times total
Combine Columns B and C.
Residents enter amount from
federal income
net modifications
(add net increases or
col D. Nonresidents enter RI
page 1, line 1
page 1, line 4
subtract net decreases.)
source income from col B.
Percent of
beneficiaries’ interest
(must equal 100%)
Modifications to
Total Rhode Island
Total Federal Income
Modified Federal Income
Federal Income
Source Income
28.
Beneficiary ................
29.
Beneficiary ................
30.
Beneficiary ................
31.
Beneficiary ................
32.
Beneficiary ................
33.
Beneficiary ................
34.
Beneficiary ................
35.
Beneficiary ................
100%
36.
Total ....................................
37.
37.
Modifications to Rhode Island source income - Enter amount from column C that is included in column E .......................
38.
Modified Rhode Island source income - combine lines 36, column E and 37 (add net increases - subtract net decreases).
38.
39.
RI allocation - divide line 38 by line 36, column D (not greater than 1.000) - enter here and on RI-1041, page 1, line 14..
39.
___ . ___ ___ ___ ___
SCHEDULE III
CREDIT FOR INCOME TAXES PAID TO ANOTHER STATE
(resident estates or trusts only - a signed copy of the other state return must be attached)
40.
40.
RI income tax after allowable federal credits - page 1, line 13 .............................................................................................
41.
41.
Income from other state ........................................................................................................................................................
42.
42.
Modified federal total income - page 1, line 5 .......................................................................................................................
43.
Divide line 41 by line 42 ........................................................................................................................................................
43.
___ . ___ ___ ___ ___
44.
Multiply line 40 by line 43 ......................................................................................................................................................
44.
45.
Tax due and paid to other state ..................................................... Insert name of state paid
45.
46.
Maximum tax credit (line 40, 44 or 45, whichever is the SMALLEST). Enter here and on RI-1041, page 1, line 16 ........
46.
RI SCHEDULE OT OTHER RHODE ISLAND TAXES
(Tax on lump-sum distributions and recapture of federal tax credits)
47.
Tax on lump-sum distributions - Federal Form 1041, Schedule G, line 1b ...........................................................................
47.
48.
Amount of recapture of Federal tax credits - Federal Form 1041, Schedule G, line 5 .........................................................
48.
49.
49.
Total - Add lines 47 and 48 ...................................................................................................................................................
50.
50.
RI percentage ........................................................................................................................................................................
25%
51.
Tax - Multiply line 49 by line 50 - Enter here and on RI-1041, page 1, line 8B ....................................................................
51.
page 2

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