Form Frm-New - Montana Farm And Ranch Risk Management Account
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1MONTANA
FRM-New
8-02
Montana Farm and Ranch Risk Management Account
Annual Reporting Information
15-30-601, MCA
See instructions on back
Name (as shown on Form 2)
SSN: (as shown on Form 2)
Account Information
Grantor Name: ______________________________
FEIN or SSN___________________
Trustee:
Name:
_______________________________
Address:
_______________________________
_______________________________
Account Number:
_______________________________
Deposits
Deposits are considered made for the specific tax year if made during the tax year or designated
for the specific tax year and made within 3 ½ months after the close of the tax year.
Date
Deposit
Date
Deposit
_________
______________
________
______________
_________
______________
________
______________
_________
______________
________
______________
Total Deposits___________________
Deductions
1.
Net income attributable to agricultural business……………………….
1. _________
2.
Enter 20% (.20) of line 1………………………………………………….
2. _________
3.
Enter the total amount of deposits from above…………………………
3. _________
4.
Enter the lesser of line 2 or line 3 (but not more than $20,000)
4. _________
Enter this amount on Form 2, Line 26.
Distributions
Total
Taxable
NonTaxable
Date
Amount
Amount
Amount
________
_____________
_____________
_______________
________
_____________
_____________
_______________
________
_____________
_____________
_______________
Total Distributions _____________
_____________
_______________
Attach a copy of this form to your return
141
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