Schedule Nr (Form 1041me) - Income Schedule For Nonresident Estates And Trusts Or Resident Estates And Trusts With Nonresident Or "Safe Harbor" Resident Beneficiaries - 2014

Download a blank fillable Schedule Nr (Form 1041me) - Income Schedule For Nonresident Estates And Trusts Or Resident Estates And Trusts With Nonresident Or "Safe Harbor" Resident Beneficiaries - 2014 in PDF format just by clicking the "DOWNLOAD PDF" button.

Open the file in any PDF-viewing software. Adobe Reader or any alternative for Windows or MacOS are required to access and complete fillable content.

Complete Schedule Nr (Form 1041me) - Income Schedule For Nonresident Estates And Trusts Or Resident Estates And Trusts With Nonresident Or "Safe Harbor" Resident Beneficiaries - 2014 with your personal data - all interactive fields are highlighted in places where you should type, access drop-down lists or select multiple-choice options.

Some fillable PDF-files have the option of saving the completed form that contains your own data for later use or sending it out straight away.

ADVERTISEMENT

INCOME SCHEDULE
FOR
2014
NONRESIDENT ESTATES
TRUSTS
RESIDENT
AND
OR
SCHEDULE NR
ESTATES
TRUSTS
NONRESIDENT
“SAFE
AND
WITH
OR
FORM 1041ME
HARBOR” RESIDENT BENEFICIARIES
A copy of federal Form 1041 must be attached to this Schedule
Name as shown on Form 1041ME
Estate/Trust EIN
-
A
B
FEDERAL
MAINE-SOURCE
1.
DISTRIBUTABLE NET INCOME (DNI):
Column A: Federal Form 1041, Schedule B, line 7. ............................................ 1
Column B: Enter the net amount of the Maine-source portion of income and
deductions included in Column A.
2.
ESTATE/TRUST PORTION OF DNI:
Column A and Column B: Form 1041ME, Schedule 2, Column 3, line f.
__ . __ __ __ __
__ . __ __ __ __
(Note: If less than zero, enter 0.0000. If greater than 100, enter 1.0000) ........... 2
3.
Multiply line 1 by line 2. ...................................................................................... 3
4.
BENEFICIARY PORTION OF DNI:
Subtract line 3 from line 1 (enter the result from Column B on Schedule
2, Column 6, line g). ............................................................................................ 4
5.
NON-DISTRIBUTABLE NET INCOME:
Column A: Subtract federal Form 1041, line 19 and federal Form 1041,
Schedule B, line 7 from federal Form 1041, line 17. Also enter the sum of the
taxable income of the S corporation portion of Electing Small Business Trusts
(ESBT) and the amount of unrelated business taxable income from federal
Form 990-T, if applicable.
Column B: Enter the net amount of the Maine-source portion of income and
deductions included in Column A. (NOTE: Column B may be larger than the
amount shown in column A). ............................................................................... 5
6.
Add line 3 and line 5. ........................................................................................... 6
7.
FIDUCIARY ADJUSTMENT:
Column A: Enter fi duciary portion of Form 1041ME, Schedule 1, line 3.
Column B: Maine-source portion of amount in Column A.. ................................. 7
8.
EXEMPTION:
Column B: Federal Form 1041, line 20. ............................................................. 8
9.
MAINE TAXABLE INCOME:
Line 6 plus or minus line 7 minus line 8.
Also enter this amount on Form 1041ME, line 3. ................................................. 9
SPECIFIC INSTRUCTIONS for Form 1041ME, Schedule NR
(see back for more information)
Schedule NR is used to determine the Maine taxable income of a nonresident estate or trust and the taxable income of nonresident and
“safe harbor” resident benefi ciaries of a resident estate or trust. Generally, Maine taxable income of a nonresident estate or trust is the
Maine-source portion of its federal taxable income. The nonresident or “safe harbor” resident benefi ciaries are taxed on their share of the
Maine-source distributable net income. Resident benefi ciaries are taxed on their entire share of the estate or trust income as though the
estate or trust was a resident estate or trust.
Step 1. Complete Schedules 1 and 2 on Form 1041ME, page 2.
Step 2. Complete Schedule NR, lines 1-6. For lines 1 and 5, Column B, attach a schedule showing the calculation of Maine-source
income.
Step 3. Complete Schedule NR, lines 7 through 9. Include on line 7, Column B, the net amount of Maine-source additions included
on Schedule 1, line 1g and subtractions included on Schedule 1, line 2h that are related to the income shown on Schedule
NR, line 6, Column B.
Step 4. Complete Form 1041ME, page 1.

ADVERTISEMENT

00 votes

Related Articles

Related forms

Related Categories

Parent category: Financial
Go
Page of 2