Form 1041-Es - Estimated Income Tax For Estates And Trusts - 2013 Page 2

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• Enter in the payment box of the
is subject to the Net Investment Income
The trust does not have to
Tax for 2013. Use Part IV of Schedule D
voucher only the amount the estate or
make the payment due on
TIP
of Form 1041-N (Rev. December 2011)
trust is sending in. When making
January 15, 2014, if it files
as a worksheet to figure the 2013 tax on
payments of estimated tax, be sure to
the 2013 Form 1041 by
qualified dividends or net capital gain.
take into account any 2012 overpayment
January 31, 2014, and pays the entire
See the Instructions for Form 1041-N, at
that the estate or trust chose to credit
balance due with the return.
for more
against its 2013 tax, but do not include
Estates. If the estate has adopted a
information.
the overpayment amount in this box.
calendar year as its tax year, file using
• Enclose, but do not staple or attach, a
Line 10. Credits
the rules listed under Trusts above.
check or money order with the payment
For details on credits the estate or trust
If the estate has adopted a fiscal year,
voucher. Make the check or money order
may claim, see the instructions for lines
it may pay all of its estimated tax by the
payable to “United States Treasury.”
2 and 3, Schedule G, Form 1041.
15th day of the 4th month of its 2013 tax
Write the estate’s or trust’s EIN and
year or in four equal installments due on
“2013 Form 1041-ES” on the check or
Line 12. Other Taxes
the 15th day of the 4th, 6th, and 9th
money order. Do not include any balance
Enter any other taxes such as:
months of the 2013 tax year, and the 1st
due on the 2012 Form 1041 with the
month of the following tax year.
check for 2013 estimated tax. Fill in the
• For estates and trusts, the Net
Record of Estimated Tax Payments on
Investment Income Tax (NIIT) is 3.8
The estate does not have to
page 5, and keep them for your files.
percent of the lesser of the estate's or
make the payment due on the
trust's undistributed net investment
TIP
Electronic Deposits
15th day of the 1st month
income or the excess of the estate's or
following the close of the
trust's adjusted gross income over the
A financial institution that has been
fiscal year if it files the 2013 Form 1041
dollar amount at which the highest
designated as an authorized federal tax
by the last day of the 1st month following
income tax bracket for estates and trusts
depositary, and acts as a fiduciary for at
the close of the fiscal year, and pays the
begins for such taxable year. For taxable
least 200 taxable trusts that are required
entire balance due with the return.
years beginning after December 31,
to pay estimated tax, is required to
2012, the highest income tax bracket
If any date falls on a Saturday,
deposit the estimated tax payments
begins at $11,950. The NIIT does not
Sunday, or legal holiday, the installment
electronically using the Electronic
apply to trusts where all of the unexpired
is due on the next business day.
Federal Tax Payment System (EFTPS).
interests are devoted to charitable
If, after March 31, 2013, or after the
A fiduciary that is not required to make
purposes.
last day of the 3rd month of the fiscal tax
electronic deposits of estimated tax on
• Tax from recapture of investment
year, the estate or trust has a large
behalf of a trust or an estate may
credit, low-income housing credit,
enough change in income to require the
voluntarily participate in EFTPS. To
qualified electric vehicle credit, the
payment of estimated tax, figure the
enroll in or get more information about
Indian employment credit, the new
amount of each installment by using the
EFTPS, visit the EFTPS website at
markets credit, or the credit for
annualized income installment method,
or call 1-800-555-4477.
employer-provided child care facilities.
as explained in Pub. 505.
Also, see Pub. 966, Electronic Federal
• Tax on accumulation distribution of
Farmers and fishermen. If at least
/
of
2
Tax Payment System: A Guide To
3
trusts.
gross income for 2012 or 2013 is from
Getting Started.
farming or fishing, do one of the
• Tax figured under section 641(c) on
Depositing on time. For a deposit using
following:
income attributable to S corporation
EFTPS to be on time, the deposit must
stock held by an electing small business
be initiated by 8:00 p.m. Eastern time the
• Pay the total estimated tax (line 16 of
trust. For details, see Electing Small
day before the due date of the deposit.
the Worksheet) by January 15, 2014, or
Business Trusts in the 2012 Instructions
• File Form 1041 for 2012 by March 3,
Where To File
for Form 1041.
2014, and pay the total tax due. In this
Include household employment taxes
Mail the payment voucher to:
case, do not make estimated tax
on line 12 if:
payments for 2013.
Internal Revenue Service
• The estate or trust will have federal
P.O. Box 804526
For fiscal year estates, pay the total
income tax withheld from any income, or
Cincinnati, OH 45280-4526
estimated tax by the 15th day of the 1st
• The estate or trust would be required
month following the close of the tax
Do not send the payment voucher to
to make estimated tax payments (to
year, or file Form 1041 by the 1st day of
the Internal Revenue Service Center
avoid a penalty) even if it did not include
the 3rd month following the close of the
where you file Form 1041.
household employment taxes when
tax year and pay the total tax due.
Only the U.S. Postal Service can
figuring its estimated tax.
deliver to the above address.
How To Complete and Use
When To Make Estimated
the Payment Vouchers
Amending Estimated Tax
Payments
Payments
Each payment voucher has the date
Trusts. The trust may pay all of its
when the voucher is due for calendar
To change or amend the estate’s or
estimated tax by April 15, 2013, or in
year estates and trusts. Be sure to use
trust’s estimated payments, refigure the
four equal installments due by the
the correct voucher. Complete and send
total estimated payments due (line 16 of
following dates:
in the voucher only if you are making a
the Estimated Tax Worksheet on page 5).
payment. To complete your voucher:
1st installment ............... April 15, 2013
Then use Worksheet 2-9 in Pub. 505 to
• Enter the estate’s or trust’s name and
2nd installment ............. June 17, 2013
figure the payment due for each
EIN, and the fiduciary’s name, title, and
remaining period. If an estimated tax
3rd installment .............. Sept. 16, 2013
address in the spaces provided on the
payment for a previous period is less
4th installment .............. Jan. 15, 2014
payment voucher.
than 1/4 of the amended estimated tax,
If the trust has a short tax year, see
the estate or trust may owe a penalty
Notice 87-32, 1987-1 C.B. 477, for the
when its return is filed.
estimated tax due dates and other
information.
-2-

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