Instructions For Form 1120-Reit - 2003 (Page 3 of 12) in pdf

Also, see Trust fund recovery penalty on

Form 1099-INT. Report interest income.

be completed and a copy given to each

page 5.

shareholder for whom the REIT paid tax on

Form 1099-LTC. Report certain payments

undistributed net long-term capital gains under

made under a long-term care insurance

Form 966, Corporate Dissolution or

section 857(b)(3)(D).

contract and certain accelerated death

Liquidation, is used to report the adoption of a

benefits.

Form 3520, Annual Return To Report

resolution or plan to dissolve the corporation or

Transactions With Foreign Trusts and Receipt

liquidate any of its stock.

Form 1099-MISC. Report miscellaneous

of Certain Foreign Gifts, is required either if the

income (e.g., payments to certain fishing boat

Form 1042, Annual Withholding Tax Return

REIT received a distribution from a foreign trust

crew members; payments to providers of

for U.S. Source Income of Foreign Persons,

or if the REIT was a grantor of, transferor of, or

health and medical services; gross proceeds

Form 1042-S, Foreign Person’s U.S. Source

transferor to, a foreign trust that existed during

paid to attorneys; rent and royalty payments;

Income Subject to Withholding, and Form

the tax year. See Question 5 of Schedule N

nonemployee compensation, etc.)

1042-T, Annual Summary and Transmittal of

(Form 1120).

Note: Every REIT must file Form 1099-MISC

Forms 1042-S. Use these forms to report and

Form 5452, Corporate Report of Nondividend

if, in the course of its trade or business, it

send withheld tax on payments or distributions

Distributions, is used to report nondividend

makes payments of rents, commissions, or

made to nonresident alien individuals, foreign

distributions.

other fixed or determinable income (see

partnerships, or foreign corporations to the

section 6041) totaling $600 or more to any one

Form 5471, Information Return of U.S.

extent these payments constitute gross income

person during the calendar year.

Persons With Respect to Certain Foreign

from sources within the United States (see

Corporations, is required if the REIT controls a

sections 861 through 865).

Form 1099-MSA. Report distributions from an

foreign corporation; acquires, disposes of, or

Archer MSA or Medicare+Choice MSA.

Also, see sections 1441 and 1442, and

owns 10% or more in value or vote of the

Form 1099-OID. Report original issue

Pub. 515, Withholding of Tax on Nonresident

outstanding stock of a foreign corporation; or

discount.

Aliens and Foreign Entities.

had control of a foreign corporation for an

Form 1099-PATR. Report distributions from

uninterrupted period of at least 30 days during

Form 1096, Annual Summary and Transmittal

cooperatives to their patrons.

the annual accounting period of the foreign

of U.S. Information Returns. Use Form 1096 to

corporation. See Question 4 of Schedule N

Form 1099-R. Report distributions from

transmit Forms 1099, 1098, 5498, and W-2G to

(Form 1120).

pensions, annuities, retirement or profit-sharing

the Internal Revenue Service.

plans, individual retirement arrangements

Form 5472, Information Return of a 25%

Form 1098, Mortgage Interest Statement.

(IRAs) (including SEPs, SIMPLEs, Roth IRAs,

Foreign-Owned U.S. Corporation or a Foreign

Report the receipt from any individual of $600

Coverdell ESAs, Roth conversions and IRA

Corporation Engaged in a U.S. Trade or

or more of mortgage interest (including points)

recharacterizations), or insurance contracts.

Business. This form is filed if the REIT is 25%

in the course of the REIT’s trade or business

Form 1099-S. Report gross proceeds from the

or more foreign owned. See the instructions for

and reimbursements of overpaid interest.

Question 5, Schedule K, on page 12.

sale or exchange of real estate transactions.

Form 1099-A. Report acquisitions and

Form 5498, IRA Contribution Information. Use

Also use these returns to report amounts

abandonments of secured property.

this form to report contributions (including

received as a nominee for another person.

rollover contributions) to any IRA, including a

Form 2438, Undistributed Capital Gains Tax

Form 1099-B. Report proceeds from broker

SEP, SIMPLE, or Roth IRA and to report Roth

Return, must be filed by the REIT if it

and barter exchange transactions.

conversions, IRA recharacterizations, and the

designates undistributed net long-term capital

Form 1099-C. Report cancellation of a debt.

fair market value of the account.

gains under section 857(b)(3)(D).

Form 5498-ESA, Coverdell ESA Contribution

Form 1099-DIV. Report certain dividends and

Form 2439, Notice to Shareholder of

Information. Use this form to report

distributions.

Undistributed Long-Term Capital Gains, must

contributions (including rollover contributions)

and the fair market value of a Coverdell

education savings account (ESA).

Where To File

Form 5498-MSA, Archer MSA or

Medicare+Choice MSA Information. Use this

form to report contributions to an Archer MSA

File the REIT’s return at the applicable IRS address listed below.

and the fair market value of an Archer MSA or

Medicare+Choice MSA.

If the REIT’s principal

And the total assets at the

Use the following Internal

For more information, see the Instructions

business, office, or agency

end of the tax year (Form

Revenue Service Center

for Forms 1099, 1098, 5498, and W-2G.

is located in:

1120-REIT, page 1, item E)

address:

Form 5713, International Boycott Report, must

are:

be filed if the REIT had operations in, or related

to, certain “boycotting” countries.

Connecticut, Delaware, District

Form 8275, Disclosure Statement, and Form

of Columbia, Illinois, Indiana,

8275-R, Regulation Disclosure Statement, are

Kentucky, Maine, Maryland,

used to disclose items or positions taken on a

Massachusetts, Michigan, New

Less than $10 million

Cincinnati, OH 45999-0012

tax return that are not otherwise adequately

Hampshire, New Jersey, New

disclosed on a tax return or that are contrary to

York, North Carolina, Ohio,

Treasury regulations (to avoid parts of the

Pennsylvania, Rhode Island,

accuracy-related penalty or certain preparer

South Carolina, Vermont,

$10 million or more

Ogden, UT 84201-0012

penalties).

Virginia, West Virginia,

Form 8281, Information Return for Publicly

Wisconsin

Offered Original Issue Discount Instruments.

Use this form to report the issuance of public

Alabama, Alaska, Arizona,

offerings of debt instruments (obligations).

Arkansas, California,

Form 8300, Report of Cash Payments Over

Colorado, Florida, Georgia,

$10,000 Received in a Trade or Business. Use

Hawaii, Idaho, Iowa, Kansas,

this form to report the receipt of more than

Louisiana, Minnesota,

$10,000 in cash or foreign currency in one

Mississippi, Missouri,

Any amount

Ogden, UT 84201-0012

transaction or a series of related transactions.

Montana, Nebraska, Nevada,

Form 8612, Return of Excise Tax on

New Mexico, North Dakota,

Undistributed Income of Real Estate

Oklahoma, Oregon, South

Investment Trusts, is filed if the REIT is liable

Dakota, Tennessee, Texas,

for the 4% excise tax on undistributed income

Utah, Washington, Wyoming

imposed under section 4981.

Form 8621, Return by a Shareholder of a

A foreign country or U.S.

Passive Foreign Investment Company or

Any amount

Philadelphia, PA 19255-0012

possession

Qualified Electing Fund. Use this form to make

certain elections by shareholders in a passive

foreign investment company and to figure

A group of corporations with members located in more than one service center area will often

certain deferred taxes.

keep all the books and records at the principal office of the managing corporation. In this case, the

tax returns of the corporations may be filed with the service center for the area in which the

Form 8810, Corporate Passive Activity Loss

principal office of the managing corporation is located.

and Credit Limitations, is filed to figure the

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Instructions For Form 1120-Reit - 2003 Page 3

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