California Form 5870a - Tax On Accumulation Distribution Of Trusts - 2002 Page 2
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1
2Part II Tax on Distributions of previously untaxed trust income under R&TC Section 17745 (b) and (d):
• If the income was accumulated over a period of five years or more, complete Section A.
• If the income was accumulated over a period of four years or less, complete Section B.
Section A — See instructions.
1 Income accumulated over five years or more . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1 _________________
2 Divide line 1 by 6. Enter here and on Schedule CA (540 or 540NR), line 21f, column C . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2 _________________
(a)
(b)
(c)
(d)
(e)
2001
2000
1999
1998
1997
3 Were you a resident or part-year resident? Enter “Yes” or “No” for each year
3
(Answer “No” for nonresident years.)
4 Enter your taxable income before this distribution for the five immediately
preceding years . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
4
5 Enter the amount from line 2 in column (a) through column (e) . . . . . . . .
5
6 Recomputed taxable income. Add line 4 and line 5 . . . . . . . . . . . . . . . . . . .
6
7 Tax on amounts on line 6 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
7
8 Tax before credits on line 4 income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8
9 Additional tax before credits. Subtract line 8 from line 7 . . . . . . . . . . . . . .
9
10 Tax credit adjustment. Attach schedule . . . . . . . . . . . . . . . . . . . . . . . . . . . .
10
11 Subtract line 10 from line 9. See instructions . . . . . . . . . . . . . . . . . . . . . . .
11
12 Alternative minimum tax adjustments . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
12
13 Add line 11 and line 12 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
13
14 Add line 13, column (a) through column (e) for all years that you entered “Yes” on line 3. Enter here and on Form 540, line 23;
Long Form 540NR, line 26; or Form 541, line 21b. See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
14
Section B — See instructions.
1 Income accumulated over four years or less . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1 _________________
2 Averaging factor:
a Enter the number of years the trust accumulated the amount on line 1 . . . . . . . . . . . . . . . . . . . . . . . .
2a_________________
1
b Distribution year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2b_________________
3 Add line 2a and line 2b . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
3 _________________
4 Divide line 1 by line 3. Enter here and on Schedule CA (540 or 540NR), line 21f, column C . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
4 _________________
(a)
(b)
(c)
(d)
2001
2000
1999
1998
5
Were you a resident or part-year resident? Enter “Yes” or “No” for each year . . .
5
(Answer “No” for nonresident years.)
6 Enter your taxable income before this distribution for the number of
preceding years entered on line 2a. See instructions . . . . . . . . . . . . . . . . .
6
7 Enter the amount from line 4 in column (a) through column (d) . . . . . . . .
7
8 Recomputed taxable income. Add line 6 and line 7 . . . . . . . . . . . . . . . . . . .
8
9 Tax on amounts on line 8 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9
10 Tax before credits on line 6 income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
10
11 Additional tax before credits. Subtract line 10 from line 9 . . . . . . . . . . . . .
11
12 Tax credit adjustment. Attach schedule . . . . . . . . . . . . . . . . . . . . . . . . . . . .
12
13 Subtract line 12 from line 11. See instructions . . . . . . . . . . . . . . . . . . . . . .
13
14 Alternative minimum tax adjustments . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
14
15 Add line 13 and line 14 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
15
16 Add line 15, column (a) through column (d) for all years that you entered “Yes” on line 5. Enter here and on Form 540, line 23;
Long Form 540NR, line 26; or Form 541, line 21b. See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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Side 2 FTB 5870A 2002
5870A02204
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