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Instructions

IT-205-T (2005) (back)

Purpose of form

For each beneﬁciary, enter the amount of estimated income tax

payment credited to that beneﬁciary.

A trust or a decedent’s estate (for its ﬁnal tax year) may elect under

Tax Law section 685(c)(6)(D) or (F), as applicable, to have any part

Column D — Proration percentage

of its estimated tax payments treated as made by a beneﬁciary or

For each listed beneﬁciary, divide the amount shown in column C by

beneﬁciaries. The ﬁduciary must ﬁle Form IT-205-T to make the

the amount shown on line 1. Round the result to the fourth decimal

election. Once made, the election is irrevocable.

place, and enter the result as a percentage.

How to ﬁle

Additional sheets — If you are allocating a payment of estimated

taxes to more than 16 beneﬁciaries, list the additional beneﬁciaries

Attach Form IT-205-T to Form IT-205, Fiduciary Income Tax Return,

on an additional Form IT-205-T or an attached sheet. Follow the

only if you are making the election with Form IT-205. Otherwise, ﬁle

format shown on the front of this form if you use an attached sheet. If

Form IT-205-T separately.

you use another Form IT-205-T, ﬁll in the page box at the top right for

When to ﬁle

each form used.

Trusts must ﬁle Form IT-205-T on or before March 6, 2006, for the

Line 2 — Enter on line 2 the column C total, including the total from

section 685(c)(6)(D) election to be valid.

any attached sheet(s). If you use more than one sheet, include this

total on the last page. This combined total must equal the amount

Estates must ﬁle Form IT-205-T on or before the 65th day after the

entered on line 1.

close of the tax year in which the estate is terminated.

Privacy notiﬁcation

Where to ﬁle

The Commissioner of Taxation and Finance may collect and

Mail all returns to:

maintain personal information pursuant to the New York State

STATE PROCESSING CENTER

Tax Law, including but not limited to, sections 171, 171-a, 287,

PO BOX 61000

308, 429, 475, 505, 697, 1096, 1142, and 1415 of that Law; and

ALBANY NY 12261-0001

may require disclosure of social security numbers pursuant to

42 USC 405(c)(2)(C)(i).

Private delivery services

This information will be used to determine and administer tax

If you choose, you may use a private delivery service, instead of

liabilities and, when authorized by law, for certain tax offset and

the U.S. Postal Service, to ﬁle your return and pay tax. However,

exchange of tax information programs as well as for any other lawful

if, at a later date, you need to establish the date you ﬁled your

purpose.

return or paid your tax, you cannot use the date recorded by a

private delivery service unless you used a delivery service that

Information concerning quarterly wages paid to employees is

has been designated by the U.S. Secretary of the Treasury or the

provided to certain state agencies for purposes of fraud prevention,

Commissioner of Taxation and Finance. (Currently designated

support enforcement, evaluation of the effectiveness of certain

delivery services are listed in Publication 55, Designated Private

employment and training programs and other purposes authorized

Delivery Services. See Need help? below for information on ordering

by law.

forms and publications.) If you have used a designated private

Failure to provide the required information may subject you to civil or

delivery service and need to establish the date you ﬁled your return,

criminal penalties, or both, under the Tax Law.

contact that private delivery service for instructions on how to obtain

written proof of the date your return was given to the delivery service

This information is maintained by the Director of Records

for delivery. If you use any private delivery service, whether it is a

Management and Data Entry, NYS Tax Department, W A Harriman

designated service or not, address your return to: State Processing

Campus, Albany NY 12227; telephone 1 800 225-5829. From areas

Center, 101 Enterprise Drive, Kingston, NY 12401.

outside the United States and outside Canada, call (518) 485-6800.

Speciﬁc instructions

Need help?

Line 1 — Enter the total amount of estimated tax payments made

by the trust or decedent’s estate that the ﬁduciary elects to treat as a

Internet access:

payment made by the beneﬁciaries. This amount is treated as if paid

Access our Answer Center for answers to frequently asked

or credited to the beneﬁciaries on the last day of the tax year of the

questions; check your refund status; check your estimated tax account;

trust or decedent’s estate.

download forms, publications; get tax updates and other information.

Allocation to beneﬁciaries

Fax-on-demand forms: Forms are

Column A — Name and address of beneﬁciary

available 24 hours a day, 7 days a week. 1 800 748-3676

Group the beneﬁciaries to whom you are allocating estimated

Telephone assistance is available from 8:00 A.M. to 5:00 P.M.

tax payments into two categories. First, list all of the individual

(eastern time), Monday through Friday.

beneﬁciaries - those who have social security numbers. Second, list

To order forms and publications:

1 800 462-8100

all of the other beneﬁciaries - those who have employer identiﬁcation

Refund status:

1 800 443-3200

numbers.

Personal Income Tax Information Center:

1 800 225-5829

Column B — Beneﬁciary’s identifying numbers

From areas outside the U.S. and outside Canada:

(518) 485-6800

Enter each beneﬁciary’s social security number or employer

Hearing and speech impaired (telecommunications

identiﬁcation number. For those beneﬁciaries who may ﬁle a joint

device for the deaf (TDD) callers only):

1 800 634-2110

return, you can help the New York State Tax Department credit the

proper account by providing the social security number, if known, of

the beneﬁciary’s spouse. However, this is an optional entry.

Column C — Amount of estimated tax payment allocated to

beneﬁciary

Please ﬁle this original scannable

form with the Tax Department.

2082050094

Instructions For Form It-205-T - Allocation Of Estimated Tax Payments To Beneficiaries - New York State Department Of Taxation And Finance - 2005

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