4
2008 Estates and Trusts
D-407
Income Tax Return
Web-Fill
PRINT
CLEAR
9-08
North Carolina Department of Revenue
For calendar year 2008, or fiscal year beginning (MM-DD-YY)
and ending (MM-DD-YY)
Fill in all
(USE CAPITAL LETTERS FOR NAME AND ADDRESS)
Name of Estate or Trust (Legal Name)
applicable circles:
Initial Return
Amended Return
Federal Employer ID Number
Name of Fiduciary
(Circle one):
Administrator
Executor
Other
Final Return
Entity has
Nonresident
Beneficiaries
County
Address
(Enter first five letters)
If estate return, was
final distribution of
assets made during
City
State
Zip Code
the tax year?
Yes
No
Enter Whole U.S. Dollars Only
1.
Federal taxable income (From Federal Form 1041, Line 22)
1.
Additions to taxable income (From Schedule B, Fiduciary
2.
2.
Column, Line 3)
3.
3.
Add Lines 1 and 2
4.
Deductions from taxable income (From Schedule B, Fiduciary
4.
Column, Line 4)
5. Line 3 minus Line 4
5.
6.
Did the entity receive for the benefit of a nonresident beneficiary
intangible income from any source or business income from
6.
sources outside of North Carolina? If so, enter the portion of
Line 5 attributable to this income; otherwise, enter zero
7.
7. North Carolina taxable income (Line 5 minus Line 6)
8.
Tax due (Use the Tax Rate Schedule on Page 2 to calculate the tax due)
8.
9.
9. Tax credits (From Form D-407TC)
10.
10. Tax paid with extension
11.
Other prepayments of tax
11.
12. Tax paid by partnerships or S Corporations and North Carolina tax withheld
12.
reported on Form 1099R (See instructions)
13.
13.
Total tax credits and payments (Add Lines 9 through 12)
14.
If Line 8 is more than Line 13, subtract and enter the result
14.
15.
Penalties and interest (See instructions)
15.
$
16. Add Lines 14 and 15 and enter the total - Pay this Amount
16.
17. If Line 8 is less than Line 13, subtract and enter the Amount to be Refunded
17.
I certify that, to the best of my knowledge, this return is accurate and complete.
If prepared by a person other than fiduciary, this certification is based on all
information of which the preparer has any knowledge.
Signature of Fiduciary Representing Estate or Trust
Date
Signature of Preparer Other Than Fiduciary
Date
Address
Daytime Telephone Number (Include area code.)
Preparer’s Daytime Telephone Number (Include area code.)