Instructions For Form 1045 (Rev. February 2006)

Estates and trusts. Recompute the

2. Add lines 3, 4, 10, and 19 of

Revenue Service to disclose or give

miscellaneous itemized deductions

Schedule B to the total adjustments

the information shown on your tax

shown (or as previously adjusted) on

you figured in (1) above. Use the

return to others as described in the

Form 1041, line 15b, and any

result as your adjusted gross income

Internal Revenue Code. For example,

casualty or theft losses shown (or as

to refigure charitable contributions.

we may disclose your tax information

previously adjusted) on Form 4684,

to the Department of Justice, to

For NOL carryover purposes, you

Casualties and Thefts, line 18, by

enforce the tax laws, both civil and

must reduce any charitable

substituting modified adjusted gross

criminal, and to cities, states, the

contributions carryover to the extent

income (see below) for the adjusted

District of Columbia, U.S.

that the NOL carryover on line 9 is

gross income of the estate or trust.

commonwealths or possessions, and

increased by any adjustment to

Subtract the recomputed deductions

certain foreign governments to carry

charitable contributions.

and losses from the deductions and

out their tax laws. We may disclose

losses previously shown, and enter

your tax information to the

Line 34

the difference on line 6.

Department of Treasury and

Complete the worksheet on page 8 if

contractors for tax administration

Modified adjusted gross income

line 18, Schedule B, is more than:

purposes; and to other persons as

•

for estates and trusts. For

$114,700 for 1995 ($57,350 if

necessary to obtain information which

purposes of figuring miscellaneous

married filing separately),

we cannot get in any other way in

•

itemized deductions subject to the 2%

$117,950 for 1996 ($58,975 if

order to determine the amount of or

limit, figure modified adjusted gross

married filing separately),

to collect the tax you owe. We may

•

income by adding the following

$121,200 for 1997 ($60,600 if

disclose your tax information to the

amounts to the adjusted gross

married filing separately),

Comptroller General of the United

•

income previously used to figure

$124,500 for 1998 ($62,250 if

States to permit the Comptroller

these deductions.

married filing separately),

•

General to review the Internal

•

The total of the amounts from lines

$126,600 for 1999 ($63,300 if

Revenue Service. We may disclose

3 through 5 of Form 1045,

married filing separately),

your tax information to Committees of

•

Schedule B.

$128,950 for 2000 ($64,475 if

•

Congress; federal, state, and local

The exemption amount shown (or

married filing separately),

child support agencies; and to other

•

as previously adjusted) on Form

$132,950 for 2001 ($66,475 if

federal agencies for the purposes of

1041, line 20 (line 21 for 1997).

married filing separately),

•

determining entitlement for benefits or

•

The income distribution deduction

$137,300 for 2002 ($68,650 if

the eligibility for and the repayment of

shown (or as previously adjusted) on

married filing separately),

loans. We may also disclose this

•

Form 1041, line 18.

$139,500 for 2003 ($69,750 if

information to other countries under a

For purposes of figuring casualty

married filing separately), or

tax treaty, to federal and state

•

or theft losses, figure modified

$142,700 for 2004 ($71,350 if

agencies to enforce federal nontax

adjusted gross income by adding the

married filing separately).

criminal laws, or to federal law

total of the amounts from lines 3

Only complete a column for each

enforcement and intelligence

through 5 of Form 1045, Schedule B,

year that meets the above

agencies to combat terrorism.

to the adjusted gross income

requirements.

The time needed to complete and

previously used to figure these

file this form will vary depending on

losses.

individual circumstances. The

Disclosure, Privacy Act, and

Line 9—NOL Carryover

estimated burden for individual

Paperwork Reduction Act Notice.

taxpayers filing this form is approved

After completing all applicable

We ask for the information on this

under OMB control number

columns, carry forward to 2006 the

form to carry out the Internal

1545 –0074 and is included in the

amount, if any, on line 9 of the

Revenue laws of the United States.

estimates shown in the instructions

column for the 1st preceding tax year.

You may use Form 1045 to apply

for their individual income tax return.

under section 6411 for a quick refund

Line 22—Refigured

The estimated burden for all other

of tax for a prior year affected by

Charitable Contributions

taxpayers who file this form is shown

certain carrybacks. If you file Form

below.

1045, you are required to give us the

Refigure your charitable contributions

requested information. We need it to

using line 20 as your adjusted gross

Recordkeeping . . . . . . . 19 hr., 39 min.

ensure that you are complying with

income unless, for any preceding tax

Learning about the law

these laws and to allow us to figure

year:

•

or the form . . . . . . . . . .

8 hr., 41 min.

and collect the right amount of tax.

You entered an amount other than

Preparing the form . . . .

11 hr.

Section 6109 requires that you

zero on line 19, and

•

Copying, assembling,

disclose your taxpayer identification

You had any items of income or

and sending the form to

number (SSN, ITIN, or EIN). If you do

deductions based on adjusted gross

the IRS . . . . . . . . . . . . .

1 hr., 3 min.

not provide the information

income which are listed in the

requested, we may be unable to

instructions for line 5 of

If you have comments concerning

process this application.

Schedule B on page 6.

the accuracy of these time estimates

You are not required to provide the

or suggestions for making this form

If you cannot use the amount from

information requested on a form that

simpler, we would be happy to hear

line 20 as your adjusted gross

is subject to the Paperwork Reduction

from you. You can write to the

income, figure your adjusted gross

Act unless the form displays a valid

Internal Revenue Service, Tax

income as follows.

OMB control number. Books or

Products Coordinating Committee,

1. Figure the adjustment to each

records relating to a form or its

SE:W:CAR:MP:T:T:SP, 1111

item of income or deduction in the

instructions must be retained as long

Constitution Ave., NW, IR-6406,

same manner as explained in the

as their contents may become

Washington, DC 20224.

instructions for line 5 of Schedule B

material in the administration of any

Do not send the form to this

on page 6, except do not take into

Internal Revenue law.

address. Instead, see Where To File

account any NOL carrybacks when

Generally, tax returns and return

on page 2.

figuring adjusted gross income.

information are confidential, as stated

Attach a computation showing how

in section 6103. However, section

you figured the adjustments.

6103 allows or requires the Internal

-7-

Instructions For Form 1045 (Rev. February 2006) - 2005 Page 7

Related Articles

Related forms

Related Categories