Form K-41 - Fiduciary Income Tax Instructions

SPECIFIC LINE INSTRUCTIONS

HEADING. Type or print your name and address in the spaces

the income derived from the other state is included in your Kansas

provided. If your name or address changed since you last filed,

adjusted gross income (KAGI), you may be eligible for a credit

mark an “X” in the box below the heading. If filing an amended

against your Kansas tax liability. If you had income from a state

return, mark an “X” in the box below your name and address.

that has no state income tax, make no entry on line 8 and go to line

9. A copy of the return filed with the other state(s), or a copy of

TELEPHONE NUMBER. If a problem should arise in processing

Federal Form 1116 (if applicable) for claiming a foreign tax credit,

your return, it is helpful for KDOR to have a telephone number

must be enclosed with Kansas Form K-41.

where you can be reached during office hours. The number you

provide will be kept confidential.

Foreign Tax Credit: As used in this section “state” means any

state of the United States, District of Columbia, Puerto Rico, any

FILING STATUS. The filing status shown on Form K-41 will reflect

territory or possession of the United States, and any foreign country

the nature of the entity for which the return is being filed.

or political subdivision of a foreign country. The Kansas credit for

RESIDENCY STATUS. Residents: If you are filing for a resident

foreign taxes is first limited to the difference between the actual

estate or trust, check the box for residents. If all income is taxable

tax paid to the foreign country and the foreign tax credit allowed on

to the fiduciary and no distributions are made or required to be

the federal return. If you claimed the foreign tax paid as an itemized

made, only Part I must be completed. If there are only resident

deduction on your federal return, no credit is allowed in this section.

beneficiaries, or if no amounts are distributable to nonresident

beneficiaries, then it is necessary to complete only Parts I and II.

Foreign Tax Worksheet

If there are nonresident beneficiaries, then it is generally necessary

to complete all parts. However, if amounts distributed to

A. 2013 tax paid to the foreign country ...................... $ __________

nonresidents are nontaxable, then Part IV may be omitted.

B. LESS: Federal foreign tax credit allowed .............. $ __________

Nonresidents: If you are filing for a nonresident estate or trust,

C. EQUALS: Kansas foreign tax limitation. Enter this

check the box for nonresidents. If there are resident and/or

amount on line 1 of the following worksheet. ....... $ __________

nonresident beneficiaries, then all parts must be completed.

However, if all income is taxable to the fiduciary, then only Parts I

If you are a Kansas resident, use the following worksheet to

and II must be completed.

determine your credit for tax paid to another state(s). Nonresidents

DATE ESTABLISHED. Enter date of death or date trust was

may not claim this credit against Kansas tax.

established.

Other State Tax Credit Worksheet

LINE 1—FEDERAL TAXABLE INCOME. Residents: Enter on line

1 the federal taxable income shown on page 1 of the Federal

1) Income tax paid to: __________________________ $ _________

Fiduciary Return, Form 1041. Nonresidents: Enter on line 1 the

2) Kansas tax liability .................................................. $ _________

amount reported in Part III, line 48, column D of Form K-41.

3) Other state’s taxable income .................................... $ _________

LINE 2—KANSAS FIDUCIARY MODIFICATION. Residents: If there

4) Kansas taxable income ............................................. $ _________

has been no distribution to beneficiaries, enter the fiduciary

modification from page 2, line 26. If there has been a distribution

5) Total income derived from the other state(s) and

to beneficiaries, enter the fiduciary’s portion of the modification

included in KAGI ........................................................ $ _________

from page 2, line (j). Nonresidents: No modification is to be made

6) Percentage limitation (divide line 4 by line 5) ...........

________ %

on this line by a nonresident estate or trust.

7) Limitation amount (multiply line 2 by line 6) ............. $ _________

LINE 3—KANSAS TAXABLE INCOME. If line 2 is a positive

8) Allowable credit (enter amount from line 1 or from

amount, add line 2 to line 1 and enter result on line 3. If line 2 is a

line 7, whichever is less) .......................................... $ _________

negative amount, subtract line 2 from line 1 and enter result. If you

made no entry on line 2, your Kansas taxable income is the same

LINE 9—UNIVERSITY DEFERRED MAINTENANCE CREDIT (for

as your federal taxable income so enter that amount on line 3.

carry forward use only). If you made contributions for deferred

LINE 4—TAX. To compute the fiduciary income tax, refer to the

maintenance to a designated Kansas university, enter the carry

tax computation schedule on the last page of Form K-41. Enter

forward amount of the approved credit on line 9.

the tax amount on line 4.

LINE 10—OTHER NONREFUNDABLE CREDITS. Some tax credits

LINE 5—TAX ON LUMP SUM DISTRIBUTIONS. If a resident estate

have expired, or have been repealed for use by income tax filers.

or trust received income from a lump sum distribution and a federal

Below is a list of credits that are still available. Enter the total of all

tax was imposed on this income in accordance with federal

tax credits for which you are eligible. In claiming credits, you must

Internal Revenue Code, Section 402(e), then the resident estate

complete and enclose with your Form K-41 the required

or trust is also subject to Kansas tax on the lump sum distribution.

schedule(s).

Enter on line 5 an amount equal to 13% of the federal tax on the

Agritourism Liability Insurance (for carry forward use only) ........ K-33

ordinary income portion of the lump sum distribution determined

Business & Job Development (for carry forward use only) .......... K-34

on federal Form 4972.

Community Service Contribution ......................................... K-60

LINE 6—NONRESIDENT BENEFICIARY TAX. Enter the amount

Declared Disaster Capital Investment (for carry forward use only) K-87

of nonresident beneficiary tax reported on page 3, Part IV of Form

Disabled Access (for carry forward use only) .............................. K-37

K-41. This amount is the total of column E.

Film Production (for carry forward use only) ................................ K-86

LINE 7—TOTAL KANSAS TAX. Add lines 4, 5 and 6.

High Performance Incentive Program .................................. K-59

Research and Development (for carry forward use only) ............ K-53

LINE 8—CREDIT FOR TAXES PAID TO OTHER STATES (FOR

Venture and Local Seed Capital (for carry forward use only) ...... K-55

RESIDENTS ONLY). If you paid income tax to another state, and

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Form K-41 - Fiduciary Income Tax Instructions - 2013 Page 3

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