Schedule K-1 (541) Draft - Beneficiary'S Share Of Income, Deductions, Credits, Etc. - 2007 Page 2

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Beneficiary’s Share of Income, Deductions,
TAXABLE  YEAR
CALIFORNIA  SCHEDULE
2007
K-1 (541)
Credits, etc.
For calendar year 2007 or fiscal year beginning month ____ day ____ year ________ , and ending month ____ day ____ year ______ .
Complete a separate Schedule K-1 (541) for each beneficiary
Refer to the instructions for Schedule K-1 (541) before entering information from this schedule on your California return.
Name of estate or trust
Beneficiary’s SSN/ITIN, California corporation no., SOS file no., or FEIN
Estate’s or trust’s FEIN
Beneficiary’s name, address (including number and street, suite, Apt., PO Box,
Fiduciary’s name, address (including number and street, suite, Apt., PO Box, or 
or PMB no.), City, and ZIP Code
PMB no.), City, and ZIP Code (If there is more than one fiduciary or trustee, list all of 
the fiduciaries or trustees’ names, addresses, and indicate if fiduciary is a nonresident. 
If more space is needed, place an attachment. Include the estate’s or trust’s FEIN at 
the top of each separate attachment.)
.
A Beneficiary’s percentage of distribution at year end . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
___ ___ ___
___ ___ ___ ____ %
B Check here only if this is:
(1)
A final Schedule K-1 (541)
(2)
An amended Schedule K-1 (541)
C What type of entity is this beneficiary? . . . . .
(1)
Individual (2)
Estate/Trust (3)
Qualified Exempt Organization (4)
Other _____________
 
D Is this beneficiary a nonresident of California? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 
Yes
No
 
E Is the fiduciary a nonresident of California? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 
Yes
No
(a)
(b)
(c)
(d)
(e)
Allocable share item
Amount from
California
Total amounts using
California
federal Schedule
Adjustments
California law
source amounts
K-1 (1041)
Combine col . (b) and col . (c)
and credits
1 Interest . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2 Dividends . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
3 Net capital gain or (loss) . . . . . . . . . . . . . . . . . . . . . . . .
5 Other portfolio and nonbusiness income . . . . . . . . . . . .
6 Ordinary business income . . . . . . . . . . . . . . . . . . . . . . .
7 Net rental real estate income . . . . . . . . . . . . . . . . . . . . .
8 Other rental income . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9 a Depreciation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
b Depletion . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
c Amortization . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
11 a Excess deduction on termination
(Attach computation) . . . . . . . . . . . . . . . . . . . . . . . . .
b Capital loss carryover . . . . . . . . . . . . . . . . . . . . . . . . .
c Net operating loss (NOL) carryover for regular
tax purposes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
d NOL carryover for alternative minimum
tax purposes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
12 a Adjustment for alternative minimum tax purposes . . .
b Accelerated depreciation . . . . . . . . . . . . . . . . . . . . . . .
c Depletion . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
d Amortization . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
e Exclusion items . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
13 a Trust payments of estimate tax credited to Trust
Payments of estimated tax credited to beneficiary . . .
b Total Withholding (equals amount on Form 592-B,
if calendar year)
c Taxes paid to other states . Attach Schedule S,
Other State Tax Credit . . . . . . . . . . . . . . . . . . . . . . . . .
d Other credits . Attach schedule . . . . . . . . . . . . . . . . . .
14 a Tax-exempt interest . . . . . . . . . . . . . . . . . . . . . . . . . .
b Net investment income . . . . . . . . . . . . . . . . . . . . . . . .
c Gross farm and fishing income . . . . . . . . . . . . . . . . . .
d Other ___________________________________ . .
Schedule K-1 (541) 2007
7881073
For Privacy Notice, get form FTB 1131.

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