Form 541 - California Fiduciary Income Tax Return - 2016 Page 2
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35 Payments balance. If line 33 is more than line 34, subtract line 34 from line 33 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
35
00
36 Use tax balance. If line 34 is more than line 33, subtract line 33 from line 34 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
36
00
37 Tax Due. If line 28 is more than line 35, subtract line 35 from line 28 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
37
00
38 Overpaid tax. If line 35 is more than line 28, subtract line 28 from line 35. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
38
00
39 Amount on line 38 to be credited to 2017 estimated tax . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
39
00
40 Amount of overpaid tax available this year. Subtract line 39 from line 38. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
40
00
41 Total voluntary contributions from Side 4, line 61 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 41
00
.
,
,
00
42 Refund or no amount due. See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 42
.
,
,
00
43 Amount due. See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
43
44 Underpayment of estimated tax. Check the box:
FTB 5805 attached
FTB 5805F attached. See instructions. . . . . .
44
00
Schedule A Charitable Deduction. Do not complete for a simple trust or a pooled income fund. See instructions.
1 a Amounts paid for charitable purposes from gross income. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1a
00
b Amounts permanently set aside for charitable purposes from gross income. See instructions .
1b
00
c Total. Add line 1a and line 1b . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1c
00
2 Tax-exempt income allocable to charitable contributions. See instructions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2
00
3 Subtract line 2 from line 1c . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3
00
4 Capital gains for the tax year allocated to corpus and paid or permanently set aside for charitable purposes. . . . . . . . . . . . . . . . . . . 4
00
5 Charitable deduction. Add line 3 and line 4. Enter here and on Side 1, line 13 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
00
5
Other Information.
1 Date trust was created or, if an estate, date of decedent's death:
(mm/dd/yyyy)
a
b Name of Grantor(s) of Trust . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1b
(attach an additional sheet if necessary)
2 a If an estate, was decedent a California resident? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Yes
No
b Was decedent married at date of death? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Yes
No
c If “Yes,” enter surviving spouse’s/RDP’s social security number (or ITIN) and name:
3 If an estate, enter fair market value (FMV) of:
a Decedent’s assets at date of death . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3a
b Assets located in California . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3b
c Assets located outside California . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3c
Note: Income of final year is taxable to beneficiaries.
4 If this is the final tax return of an estate, enter date of court order, if applicable, authorizing the final distribution . . . . . . . . . . . . . . . . 4
5 Did the estate or trust receive tax-exempt income? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Yes
No
If “Yes,” attach computation of the allocation of expenses.
6 Is this tax return for a short taxable year? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Yes
No
Yes
No
7 Has the estate or trust included a Reportable Transaction, or Listed Transaction within this tax return? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
If “Yes,” complete and attach federal Form 8886.
8 Does this trust have a beneficial interest in a trust or is it a grantor of another trust? Attach schedule of trusts and federal IDs. . . . . . . . .
Yes
No
9 During the year did the estate or trust defer any income from the disposition of assets? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Yes
No
Under penalties of perjury, I declare that I have examined this tax return, including accompanying schedules and statements, and to the best of my knowledge and belief, it
Sign
is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
Here
Signature of trustee or officer representing fiduciary
Date
X
Preparer’s signature
Date
Check if self-
PTIN
employed
X
Paid
Firm’s name (or yours, if self-employed) and address.
FEIN
Preparer’s
Use Only
Telephone
(
)
May the FTB discuss this tax return with the preparer shown above (see instructions)?. . . . . . . . . . . . . . . . . . . . . . . . .
Yes
No
Side 2 Form 541
2016
3162163
C1
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