Schedule Ct-1041b - Fiduciary Adjustment Allocation

Department of Revenue Services

Schedule CT-1041B

2013

State of Connecticut

Fiduciary Adjustment Allocation

(Rev. 12/13)

Complete this schedule in blue or black ink only.

Read the instructions on Page 22 in the Form CT-1041 instruction booklet before completing this schedule.

Name of trust or estate

Federal Employer Identiﬁ cation Number (FEIN)

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__ __

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__ __ __ __ __ __ __

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If you have a Connecticut ﬁ duciary adjustment, complete Schedule CT-1041B, Part 1, to calculate the trust or estate’s and

each beneﬁ ciary’s share of the Connecticut ﬁ duciary adjustment. Schedule CT-1041B, Part 2, should only be completed by

full-year or part-year resident inter vivos trusts with one or more nonresident, noncontingent beneﬁ ciaries to calculate the resident,

noncontingent beneﬁ ciary percentage. Attach Schedule CT-1041B to the back of Form CT-1041, Connecticut Income Tax Return

for Trust and Estates.

Part 1 – Shares of Connecticut Fiduciary Adjustment of a Resident or a Nonresident

Estate or a Resident Trust, Part-Year Resident Trust, or Nonresident Trust

Shares of Federal Distributable

(1)

(2)

(5)

Net Income: See instructions.

Name and Address of Each Beneﬁ ciary

Identifying Number

Shares of Connecticut

(3)

(4)

Check box below if beneﬁ ciary is a

of Each Beneﬁ ciary

Fiduciary Adjustment

nonresident of Connecticut.

(SSN or FEIN)

Amount

Percent



e) Trust or estate

Resident estate or full-year resident trust

Carry the amount from Column 5 to Schedule CT-1041C, Line 5; or

Nonresident estate or trust or a part-year resident trust

Carry the amount from Column 5 to Schedule CT-1041FA, Part 1, Line 2.

f) Total

The amount entered on Schedule CT-1041B, Part 1, Line f, Column 5,

should be the same as the amount entered on Form CT-1041,

Schedule A, Line 13. See instructions.

The ﬁ duciary must provide each beneﬁ ciary with Schedule CT-1041 K-1, Beneﬁ ciary’s

Share of Certain Connecticut Items, for inclusion on the applicable income tax return.

Part 2 – Percentage of Resident Noncontingent Beneﬁ ciaries: See instructions.

Enter the number, if any, of resident, noncontingent beneﬁ ciaries.

Enter the number of nonresident, noncontingent beneﬁ ciaries.

Add Line 1 and Line 2.

Divide Line 1 by Line 3 and enter as a decimal. Round to four decimal places. See instructions.

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If a full-year resident inter vivos trust, enter the percentage from Line 4 above on Schedule CT-1041C, Line 11.

If a part-year resident inter vivos trust, enter the percentage from Line 4 above on Schedule CT-1041FA, Part 1, Line 5.

Schedule Ct-1041b - Fiduciary Adjustment Allocation - 2013

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