Form Al-1041 - City Of Albion Fiduciary Income Tax Return - 2007

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2007
AL-1041
(REV 06/07)
CITY OF ALBION FIDUCIARY INCOME TAX RETURN
Check appropriate box.
This is an original return
Issued under authority of P.A. 284 of 1964. Filing is mandatory
This is an amended return
> 1. For taxable year beginning____________________________, and ending_________________________ .
PART 1 IDENTIFICATION
(Please type or print)
> 2. Name of Estate or Trust
> 4. Federal Employer Identification Number (FEIN)
> 3. Name, Complete Address and Title of Fiduciary
Estate Information
5a. County
5b. Probate File No.
5c. Date of Death
Trust Information
Contact Person
Phone #
6. Date Trust Was Created
PART 2
INCOME AND TAX COMPUTATION
.00
7.
Total business income (or loss) for the period (from U.S. 1041)……………………………………….
7.
Please attach a copy of your U.S. 1041 and supporting schedules
.00
8.
Add Albion income tax deducted from income……………………………………………………………
8.
.00
9.
Total allocable income. Add lines 7 and 8………………………………………………………………...
9.
%
10.
Allocation percentage (from line 5 of Schedule A on page 2 of AL-1041)…………………………….
10.
.00
11.
Allocated income (multiply line 9 by line 10)………………………………………………………………
11.
.00
12.
Net income or loss from rental property located in Albion (from U.S. 1041)…………………………..
12.
.00
13.
Net income (or loss) from sale or exchange of property in Albion (from U.S.1041)………………….
13.
.00
14.
Other Albion income…………………………………………………………………………………………
14.
.00
15.
Total Albion income. Add lines 11,12,13 and 14…………………………………………………………
15.
16.
Less the amount of Albion income on line 15 applicable to beneficiaries who are Albion residents
per the following computation:
Resident beneficiaries' share of
Amount of line 15 less any portion
X
=
distributable net income received by
Amount to enter
of line 15 not included in
the estate or trust divided by Total
on Line 16
distributable net income
distributable net income received.
.00
16.
.00
17.
Income subject to tax (line 15 less line 16)………………………………………………………………..
17.
.00
18.
Amount of tax. Multiply line 17 by 1/2 of 1% (.005)………………………………………………………
18.
SIGNATURES AND DECLARATIONS
I declare, under penalty of perjury, that the information in this return and
I declare, under penalty of perjury, that this return is
attachments is true and complete to the best of my knowledge.
based on all information of which I have knowledge.
Preparer's Name, Address, PTIN and/or FEIN
I authorize Albion to discuss this claim
Do not discuss this claim
and attachments with the preparer.
with the preparer.
Signature of Fiduciary or Officer Representing Fiduciary
Date
This return is due April 30, 2008 or on the last day of the fourth month after the close of your tax year.
Mailing: Make check payable to “City of Albion.” Write the estate’s or trust’s FEIN and “2007 AL-1041” on the
front of the check. Mail return with payment (if applicable) to: City of Albion, Income Tax Division,
112 West Cass St., Albion, MI 49224-0900.

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