Form Fid-1 - New Mexico Fiduciary Income Tax Return - 2001 Page 2
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1
2
3
42001 NEW MEXICO FID-1 (page 2)
ADDITIONS TO FEDERAL INCOME FOR FIDUCIARY
Nondistributed shares of:
1
00
1.
Federal net operating loss ................................................................................................................................
2
00
2.
Non - New Mexico municipal bond interest ......................................................................................................
00
3
3.
Total additions (add lines 1 and 2) Enter on FID-1, page 1, line 2 ....................................................................
DEDUCTIONS FROM FEDERAL INCOME FOR FIDUCIARY
Nondistributed shares of:
00
4
4.
New Mexico net operating loss (from worksheet on page 5 of instructions) ................................................
00
5
5.
Interest income from U. S. government obligations ..........................................................................................
00
6
6.
Net capital gain deduction (see instructions) ...................................................................................................
00
7
7.
Total deductions (add lines 4, 5 and 6). Enter on FID-1, page 1, line 4 ...........................................................
DISTRIBUTION SCHEDULE
This schedule must be completed or the return will not be processed.
Total distributions to beneficiaries ............................................................................................................................
Schedule of beneficiaries receiving distributions during the tax year (use additional sheets in the same
format if more space is needed).
Social Security No. or
Distribution
Federal Employer I.D. No.
Share
Name
Address
A
B
C
D
E
F
TAX RATE TABLE
To be used for determining the amount of tax to be entered on FID-1, page 1, line 6.
COLUMN 1
COLUMN 2
COLUMN 3
COLUMN 4
COLUMN 5
over
but not over
tax shall be
plus
of excess over
$
0
$
5,500
$
0.00
1.7%
$
0
$
5,500
$ 11,000
$
93.50
3.2%
$
5,500
$ 11,000
$ 16,000
$
269.50
4.7%
$ 11,000
$ 16,000
$ 26,000
$
504.50
6.0%
$ 16,000
$ 26,000
$ 42,000
$ 1,104.50
7.1%
$ 26,000
$ 42,000
$ 65,000
$ 2,240.50
7.9%
$ 42,000
$ 65,000
------------
$ 4,057.50
8.2%
$ 65,000
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