2006 Instructions For The Wisconsin Fiduciary Return Form 2 And Schedules Cc, Wd, And 2k-1 (Page 3 of 18) in pdf

Seven Steps to Filing the Fiduciary Income Tax Return

Requesting a Closing Certificate

and/or Requesting a Closing Certificate

The department will issue a Closing Certificate for Fiduciaries

only in cases where a Wisconsin court requires a certificate to

1. Gather all records.

close a proceeding. The request for the closing certificate can

Make sure that all income and expense records are available,

be made at the time the return is filed for the year prior to the

including interest and dividend statements, so the return can be

final year.

prepared correctly.

TRUSTS: Enclose copies of the trust instrument and any

2. Complete the federal return.

amendments, a statement as to why the trust is closing, and

Before completing Wisconsin Form 2, complete the federal return,

copies of the annual court accountings for the previous 3 years.

Form 1041 or 1041-QFT, and its supporting schedules, if required.

If annual accountings have not been filed with the court, pro-

vide verification that the court requires the Closing Certificate

3. Complete the Wisconsin return.

for Fiduciaries to close a proceeding. Complete the information

• Complete Schedule CC if you are requesting a closing

requested in Part II of Schedule CC. Enclose Schedule CC with

certificate.

Form 2. The certificate will be mailed within 120 days.

• Follow the line instructions as you complete the form.

ESTATES: Enclose copies of the inventory and will including

4. Sign the return.

any codicils with the request. If these documents were previ-

The return must be signed by the personal representative or

ously submitted with a Wisconsin estate tax return, it is not

special administrator of an estate or by the trustee of a trust.

necessary to submit additional copies. Also provide the infor-

mation requested in Part I of Schedule CC. Enclose

5. Assemble the return.

Schedule CC with Form 2. The certificate will be mailed or a

Begin by putting the three pages of Form 2 in numerical order.

letter sent in six to eight weeks. The receipt of the closing cer-

Then, attach, using a paper clip (do not staple), the following in

tificate will not relieve the fiduciary from the responsibility of

the order listed:

filing the final fiduciary return.

• Payment – If you owe an amount with the return, paper clip

If a Form W706, Wisconsin Estate Tax Return, is required to be

your payment to the front of Form 2.

filed (see “INDIVIDUAL/ESTATE TAX RETURN FOR A

• Wisconsin Schedules – The appropriate copy of each of your

DECEDENT” on page 2), the Closing Certificate for Fiduciaries

withholding statements (Schedules 2K-1, 3K-1, and 5K-1 and

will not be issued until Form W706 is filed.

Form W-2).

NOTE: If the estate does not have enough income to require

• Federal Return – A complete copy of your federal return

filing a return and needs a Closing Certificate for Fiduciaries, or

(Form 1041 or 1041-QFT) and its supporting schedules and

if the estate will be filing only one fiduciary return when the

forms.

estate is closed and needs the closing certificate before filing

• Supporting Documents – For example, copies of property tax

that return, use the following procedure:

bills in support of a farmland preservation credit or farmland

1. Complete the top portion of Form 2, above line 1.

tax relief credit claim or copies of the inventory and will

including any codicils in support of a request for a Closing

2. Complete the “Special Conditions” section on page 1 of

Certificate for Fiduciaries.

Form 2. If the estate has gross income of less than $600

• Extension Form or Statement – A copy of your federal

and federal Form 1041 is not required, fill in “13” in the

extension application or required statement if you are filing

Special Conditions box. If a first and final return will be filed

under an extension.

upon closing the estate, fill in “12” in the box.

6. Keep a copy of the return.

3. Sign and date the Form 2.

7. Mail the return and enclosures to the appropriate address

4. Complete Part I of Schedule CC.

shown on the bottom of page 2 of Form 2.

5. Enclose Schedule CC and copies of the inventory and will

with Form 2.

Tax Help or Additional Forms

FAX You can get forms and publications by fax. Just call

(608) 261-6229 from the telephone connected to your fax

If you have questions or need additional forms, help is avail-

machine.

able at our Madison office (2135 Rimrock Road):

• Wisconsin Department of Revenue

Internet Address You can access the department’s web site

Mail Stop 5-144

24 hours a day, seven days a week, at

PO Box 8906

From this web site, you can:

Madison WI 53708-8906

• Download forms, instructions, and publications.

• Telephone: (608) 266-2772

• See answers to frequently asked questions.

• Forms requests: (608) 266-1961

• Send us comments or request help by e-mail.

• Fax: (608) 267-0834

TTY Equipment Telephone help is available using TTY

• E-mail: estate@dor.state.wi.us

equipment, call (608) 267-1049 in Madison. This number is to

be used only when calling with TTY equipment.

2006 Instructions For The Wisconsin Fiduciary Return Form 2 And Schedules Cc, Wd, And 2k-1 Page 3

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