Form Sc1041 - Fiduciary Income Tax Return - 1999

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SC1041
STATE OF SOUTH CAROLINA
DEPARTMENT OF REVENUE
(Rev. 9/21/99)
FIDUCIARY INCOME TAX RETURN
3084
1999
For the calendar year 1999 or Other Taxable Year Beginning
, 1999 and ending
,
(year)
Federal Employer I.D. No.
Name of Estate or Trust
File this Return by
the 15th Day of the
4th Month after close
Name and Title of Fiduciary
DO NOT WRITE
of Taxable Year With
THIS SPACE
SC DEPARTMENT
Address of Fiduciary (Number and Street)
OF REVENUE
Fiduciary Tax Return
City, State, ZIP Code and County
Columbia, SC
29214-0009
14-0828
ATTACH COPY OF FEDERAL FORM 1041 AND ALL ITS SCHEDULES, INCLUDING SCHEDULES K-1.
Extension Requested:
Yes
No
A. Check whether:
B. If trust, check whether:
C. Also check if:
D. Has final distribution of assets
been made during the year?
Amended
Simple trust
Testamentary
Resident estate or trust
Estate
Complex trust
Inter vivos
Nonresident estate or trust
Yes
No
Grantor Trust
E. During this taxable year, was this estate or trust notified of any federal change for any prior years?
YES or
NO If YES, attach copy.
F. Is a federal Schedule K-1 attached for each beneficiary?
YES or
NO
If YES, how many?
If NO, attach explanation.
Does the estate or trust have any South Carolina modifications? . . . . . . . . . . . . . . . . . . . . . . . . . . .
YES
or
NO
If the estate or trust has any nonresident beneficiaries, is any income from SC sources? . . . . . . . . .
YES
or
NO (or not applicable)
Does line 22, federal Form 1041 reflect any taxable income of the fiduciary? . . . . . . . . . . . . . . . . . .
YES
or
NO
If NO to ALL three questions, do NOT complete the remainder of this form. DO complete PART IV for nonresident beneficiaries.
If a NONRESIDENT estate or trust with income from both South Carolina and Non-South Carolina sources - complete and attach Part III, page 3 of Form SC1041.
1. FEDERAL TAXABLE INCOME
. . . . . . . . . . . . . . . . . . . . . .
1
(Residents: federal form 1041; Nonresidents: line 22, column D, Part III)
2. Federal fiduciary exemption included in line 1 above . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2
3. South Carolina Modifications relating to gains allocated to principal or relating to other items not affecting federal
distributable net income (attach explanation) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
3
4. Fiduciary's Share of SC Fiduciary Adjustment (from line i, Part II)
Addition
Subtraction . . . . . . . . . . . . . . . . . . .
4
5. NET (combine lines 1 to 4) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5
6. South Carolina fiduciary exemption (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
6
<
>
7. SOUTH CAROLINA TAXABLE INCOME (line 5 less line 6) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
7
8. SOUTH CAROLINA TAX (tax computation schedule on page 2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8
9. TAX on Lump Sum Distribution (attach SC4972) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9
<
>
10. Less NON-REFUNDABLE CREDITS (attach Schedule TC) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
10
11. Combine lines 8 - 10 and enter the results here BUT NOT LESS THAN ZERO . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
11
12. South Carolina income tax withheld for nonresident beneficiaries (From Part IV) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
12
13. TOTAL TAX (add lines 11 and 12 and enter here) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
13
14. Amount paid with request for extension and other credits . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
14
15. 1999 Estimated Payments (and amount applied from 1998 return) . . . . . . . . . . . . . . . . . . . . . . . . . . .
15
16. Total Payments (add lines 14 and 15) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
16
17. Overpayment (line 16 less line 13) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
17
If subject to penalty for Underpayment of Estimated Tax, attach a Form SC2210.
(see instructions)
Penalty: $
18. Balance Due (line 13 less line 16) Pay in full to SC Department of Revenue . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
18
19. Amount of line 17 to be credited to 2000 Estimated Tax . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
19
20. Net Refund (subtract line 19 from line 17 and enter the amount to be refunded) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
20
I declare that this return and all attachments are true, correct and complete to the best of my knowledge and belief.
Please
Sign
Here
Signature of fiduciary or officer representing fiduciary
Date
EIN of Fiduciary
I authorize the Director of the Department of Revenue or delegate to
Preparer's Printed Name
Yes
No
discuss this return, attachments and related tax matters with the preparer.
Preparer's telephone number
Date
Preparer's
Check if
Paid
signature
self-employed
Preparer's
Firm's name (or
E.I. No.
yours if self-employed)
Use Only
ZIP Code
and address

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