Form 41 Draft - Fiduciary Income Tax Return-Alabama Department Of Revenue- 2006 Page 3
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5*0612830341*
FORM
41
2006
Alabama Fiduciary Income Tax Return
PAGE 3
Name of estate or trust
Employer identification number
Name and title of fiduciary
SCHEDULE C – COMPUTATION OF TOTAL ORDINARY DEDUCTIONS
Column B
Column C
Column A
ALABAMA AMOUNT
DIFFERENCE
FEDERAL FORM 1041
Ordinary Deductions:
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1 Interest . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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2 Taxes (other than Federal Estate Tax or Federal Income Tax) . . . . . . . . .
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3 Fiduciary fees . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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4 Charitable deduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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5 Attorney, accountant, and return preparer fees . . . . . . . . . . . . . . . . . . . . .
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6 Other deductions not subject to the 2% floor . . . . . . . . . . . . . . . . . . . . . . .
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7 Allowable miscellaneous itemized deductions subject to the 2% floor . .
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8 Total Ordinary Deductions (Sum of Lines 1 through 7) . . . . . . . . . . . . .
Reconciliation of Difference
Check if any amount entered in Column B was computed on Alabama Schedule 41-NR
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9 State, local and foreign income taxes deducted on the federal return . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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14 Difference in Federal and Alabama Total Ordinary Deductions (Sum of Lines 9 through 13) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
SCHEDULE DNI – COMPUTATION OF ALABAMA DISTRIBUTABLE NET INCOME
ALABAMA AMOUNT
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1 Alabama Adjusted total income or (loss) from Page 1, Schedule A, Line 3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2 The amount of gain from the sale of capital assets, but only if the gain was allocated to corpus and not paid, credited,
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or required to be distributed to any beneficiary during the taxable year. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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3 Subtract the amount entered on Line 2 from the amount entered on Line 1, and enter in Line 3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
4 The amount of loss from the sale of capital assets – entered as a positive number, but only if the loss was not considered in
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the determination of the amount to be paid, credited, or required to be distributed to any beneficiary during taxable year. . . . . . . . . . . . .
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5 Amount of tax exempt interest income excluded in computing Alabama taxable income.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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6 Other adjustments – see instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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7 Alabama Distributable Net Income (Sum of Lines 3 through 6) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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