Form 38 - Fiduciary Income Tax Return - North Dakota Office Of State Tax Commissioner - 2012 Page 2

ADVERTISEMENT

North Dakota Office of State Tax Commissioner
2012 Form 38, page 2
Enter name of estate or trust
FEIN
Tax Computation Schedule: Tax on fiduciary's taxable income
Part 1 - Calculation of tax
1
1 Federal taxable income from Form 1041, page 1, line 22, or Form 1041-QFT, line 12
2 Additions (See instructions) (Attach supporting statement)
2
3
3 Add lines 1 and 2
4a
4 a Interest from U.S. obligations
4b
b Net long-term capital gain exclusion (from worksheet in instructions)
c Qualified dividend exclusion
4c
d Other subtractions (See instructions) (Attach supporting statement)
4d
4e
e Total subtractions. Add lines 4a through 4d
5
5 North Dakota taxable income of fiduciary. Subtract line 4e from line 3
6
6 Tax on amount on line 5 using the 2012 Tax Rate Schedule below
If resident estate or trust, enter amount from line 6 on line 8. Do not complete lines 7a, 7b, and 7c.
•
If nonresident estate or trust, complete lines 7a, 7b, and 7c.
•
7 a Fiduciary's share of total income from Part 2, line 11, Column A,
less the amount from Part 1, line 4a
7a
b Income (loss) reportable to North Dakota from Part 2, line 11, Column B
7b
.
7c
c Divide line 7b by line 7a. Round to the nearest four decimal places
8 Tax on fiduciary's North Dakota taxable income: If resident estate or trust, enter amount from
line 6. If nonresident estate or trust, multiply line 6 by line 7c. Enter this amount on page 1,
8
line 1
2012
If the amount on line 5 is:
Tax Rate
Over
But not over
The tax is:
Schedule
$
0
$ 2,400 . . . . . . . . . . . . . . . . . . . . . 1.51% of amount on line 5
2,400
5,600 . . . $ 36.24 plus 2.82% of the amount over $ 2,400
5,600
8,500 . . . . . 126.48 plus 3.13% of the amount over
5,600
8,500
11,650 . . . . . 217.25 plus 3.63% of the amount over
8,500
11,650 . . . . . . . . . . . . . . 331.60 plus 3.99% of the amount over
11,650
Part 2 - Calculation of fiduciary's income
This part must be completed by all estates and trusts
Resident estate or trust: Complete Column A only.
•
Nonresident estate or trust: Complete Columns A, B,
•
Nonresident estates or trusts only
and C. See instructions for how to complete Columns B
and C.
Column A
Column B
Column C
Federal return
North Dakota
Other States
1
1 Interest income
2 Ordinary dividends
2
3
3 Business income or (loss)
4
4 Capital gain or (loss)
5 Rents, royalties, partnerships, other estates and
5
trusts, etc.
6
6 Farm income or (loss)
7
7 Ordinary gain or (loss)
8
8 Other income
9
9 Total income. Add lines 1 through 8
10 Portion of amount on line 9 distributed to
10
beneficiaries
11 Fiduciary's share of total income. Subtract line 10
11
from line 9

ADVERTISEMENT

00 votes

Related Articles

Top 20 Happy Easter Cards And Gift Tags To Download For Free
Top Ten Easter Arts And Crafts Activities For Your Kids
Free Easter Coloring Pages And Easter Printables For Your Kids

Related forms

Form Sfn 21994 - Special Event Sales Tax Return North Dakota Office Of State Tax Commissioner - 2004 Form Sfn 21994 - Special Event Sales Tax Return North Dakota Office Of State Tax Commissioner - 2004 Financial
Form 21994 - Special Event Sales Tax Return North Dakota Office Of State Tax Commissioner - 2005 Form 21994 - Special Event Sales Tax Return North Dakota Office Of State Tax Commissioner - 2005 Financial
Form F22b - 2005 Voluntary Sales And Use Tax Return - North Dakota Office Of State Tax Commissioner Form F22b - 2005 Voluntary Sales And Use Tax Return - North Dakota Office Of State Tax Commissioner Financial
Form Afi - Angel Fund Investment Report -north Dakota Office Of State Tax Commissioner - 2011 Form Afi - Angel Fund Investment Report -north Dakota Office Of State Tax Commissioner - 2011 Financial
Use Tax Return - North Dakota Office Of State Tax Commissioner - 2005 Use Tax Return - North Dakota Office Of State Tax Commissioner - 2005 Financial
Form Nd-1v - Electronic Return Payment Voucher North Dakota Office Of State Tax Commissioner - 2012 Form Nd-1v - Electronic Return Payment Voucher North Dakota Office Of State Tax Commissioner - 2012 Financial
Form 401-es - Estimated Income Tax Estates And Trusts - North Dakota Office Of State Tax Commissioner - 2002 Form 401-es - Estimated Income Tax Estates And Trusts - North Dakota Office Of State Tax Commissioner - 2002 Financial
Form Nd-1v - Electronic Return Payment Voucher Form (2001) - North Dakota Office Of State Tax Commissioner Form Nd-1v - Electronic Return Payment Voucher Form (2001) - North Dakota Office Of State Tax Commissioner Financial
Form 500 - Authorization To Disclose Tax Information And Designation Of Representative - North Dakota Office Of State Tax Commissioner Form 500 - Authorization To Disclose Tax Information And Designation Of Representative - North Dakota Office Of State Tax Commissioner Financial
Form 28276 - Qualifi Ed Seed Capital Business Investment Reporting - North Dakota Office Of State Tax Commissioner Form 28276 - Qualifi Ed Seed Capital Business Investment Reporting - North Dakota Office Of State Tax Commissioner Financial

Related Categories

Parent category: Financial
Download
Go
Page of 4