Form Esa-Fid - Fiduciary Estimated Tax Annualization Worksheet - 2015 Page 2
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1
2General Information on Annualizing
If the income of an estate or trust fluctuates or is seasonal, a fiduciary may be able to lower the amount of one or more
required estimated tax installments by annualizing the income. To see if an estate or trust can pay less for any period,
first complete the Fiduciary Estimated Income Tax Worksheet (Form ESW-FID), then complete the Fiduciary Estimated
Tax Annualization Worksheet (Form ESA-FID). Complete one column before continuing on to the next. This worksheet
annualizes the tax at the end of each period based on a reasonable estimate of income and deductions from the
beginning of the tax year through the end of each period. If a fiduciary uses the annualized income worksheet for any
payment due date, a fiduciary has to use it for all subsequent payment due dates. If a fiduciary uses the annualized
income installment method, then include the Form ESA-FID with the estate or trust’s tax return if filing on paper.
Form ESA-FID Instructions
To figure the amount of each required installment, the worksheet selects the smaller of the annualized income installment
or the regular installment (that has been increased by the amount saved by using the annualized income installment
method in figuring any earlier installments).
Line 1 For each period (column), figure the total income including adjustments to income. Include income or loss items
from partnerships or S corporations for the period.
Line 2 For each period (column), figure the total income distribution deduction.
Line 6 To compute the tax, use the tax table below.
2014 Montana Individual Income Tax Table
If Your Taxable
Multiply
If Your Taxable
Multiply
But Not
And
This Is
But Not
And
This Is
Income Is
Your Taxable
Income Is
Your Taxable
More Than
Subtract
Your Tax
More Than
Subtract
Your Tax
More Than
Income By
More Than
Income By
$0
$2,800
1% (0.010)
$0
$10,300
$13,300
5% (0.050)
$257
$2,800
$5,000
2% (0.020)
$28
$13,300
$17,100
6% (0.060)
$390
$5,000
$7,600
3% (0.030)
$78
More Than $17,100
6.9% (0.069)
$544
$7,600
$10,300
4% (0.040)
$154
For example:
Taxable income $6,800 X 3% (0.030) = $204.
$204 minus $78 = $126 tax
Administrative Rules of Montana: 42.17.305, 42.17.308 and 42.17.309
Questions? Please call us toll free at (866) 859-2254 (in Helena, 444-6900).
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