California Schedule J (Form 541) - Trust Allocation Of An Accumulation Distribution - 2013 Page 2
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2Part IV Allocation to Beneficiary. See Part IV Instructions below. Complete Part IV for each beneficiary.
Beneficiary’s name
Identifying number
Beneficiary’s address (number and street, PO Box, or PMB no.)
Apt. no./Ste. no.
(a)
(b)
(c)
Enter amount from
Enter amount from
Enter amount from
Part II, line 13
Part II, line 14
Part II, line 16
City, State, and ZIP Code
allocated to this
allocated to this
allocated to this
beneficiary
beneficiary
beneficiary
26 Throwback year ending (YYYY) ________ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
26
27 Throwback year ending (YYYY) ________ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
27
28 Throwback year ending (YYYY) ________ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
28
29 Throwback year ending (YYYY) ________ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
29
30 Total. Add amounts from line 26 through line 29 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
30
31 Is this beneficiary a nonresident of California? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
31
Yes
No
General Information
Line 7 – Distributions made during earlier years.
1972-1979 . . . . . .Schedule F-1 (541), lines 1(a)-1(c)
Enter the applicable amounts as follows:
1980. . . . . . . . . . . . . . . Schedule K-1 (541), lines 2-4
California has conformed to federal provisions of the
1981. . . . . . . . . . . . . . . Schedule K-1 (541), lines 1-3
Throwback Year(s):
Amount From:
Taxpayer Relief Act of 1997 repealing the throwback
1982. . . . . . . . . . . . . . . . . . Schedule D (541), line 25
1969-1978 . . . . . . . . . . Form 541, Schedule I, line 3
rules for certain domestic trusts. However, if the trust
1983. . . . . . . . . . . . . . . . . . Schedule D (541), line 30
1979 . . . . . . . . . . . . . . . . . . .Form 541, Part D, line 8
did not pay tax on the beneficiary’s interest because
1984. . . . . . . . . . . . . . . . . . Schedule D (541), line 33
1980 . . . . . . . . . . . . . . . . . . . . . . . .Form 541, line 58
the beneficiary was contingent, the income that
1985-1986 . . . . . . . . . . . . . Schedule D (541), line 28
1981-1984 . . . . . . . . . . . . . . . . . . .Form 541, line 60
would have been taxed is included by the beneficiary
1987. . . . . . . . . . . . . . . . . . Schedule D (541), line 24
1985-1986 . . . . . . . . . Form 541, Schedule 3, line 14
in the year it is distributable or distributed; see
1988-2012 . . . . . . . . . . . . Schedule D (541), line 9(a)
1987 . . . . . . . . . . . . . . Form 541, Schedule 3, line 13
California Revenue and Taxation Code (R&TC)
1988-1998 . . . . . . . . . Form 541, Schedule B, line 12
Line 22 – Total taxable income
Section 17745(b).
1999-2012 . . . . . . . . . Form 541, Schedule B, line 11
Enter the applicable amounts as follows:
Purpose
Line 16 – Tax-exempt interest included on line 13.
Throwback Year(s):
Amount From:
For each throwback year, divide line 15 by line 6 and
1969 . . . . . . . . . . . . . . . . . . . . . . . .Form 541, line 19
File Schedule J (541), Trust Allocation of an
multiply the result by one of the following:
1970-1971 . . . . . . . . . . . . . . . . . . .Form 541, line 20
Accumulation Distribution, with Form 541,
1972-1979 . . . . . . . . . . . . . . . . . . .Form 541, line 18
California Fiduciary Income Tax Return, to report
Throwback Year(s):
Amount From:
1980-1984 . . . . . . . . . . . . . . . . . . .Form 541, line 22
an accumulation distribution by domestic complex
1969-1978 . . . . . . . Form 541, Schedule H, line 2(a)
1985-1986 . . . . . . . . . . . . . . . . . . .Form 541, line 23
trusts and certain foreign trusts.
1979 . . . . . . . . . . . . . . . . Form 541, Part D, line 2(a)
1987-1989 . . . . . . . . . . . . . . . . . . .Form 541, line 21
Access by Internet
1980 . . . . . . . . . . . . . . . . . . . . . Form 541, line 52(a)
1990-1996 . . . . . . . . . . . . . . . . . . .Form 541, line 19
1981-1984 . . . . . . . . . . . . . . . . Form 541, line 54(a)
1997-2010 . . . . . . . . . . . . . . . . . . .Form 541, line 20
You can download, view, and print California tax forms
1985-1986 . . . . . . . . . .Form 541, Schedule 3, line 3
2011-2012 . . . . . . . . . . . . . . . . . . Form 541, line 20a
and publications at ftb.ca.gov.
1987 . . . . . . . . . . . . . . .Form 541, Schedule 3, line 2
Part IV
Specific Instructions
1988-2012 . . . . . . . . . .Form 541, Schedule B, line 2
Part III
Allocation to Beneficiary
Part I
Complete Part IV for each beneficiary. If the
Taxes Imposed on Undistributed Net Income
accumulation distribution is allocated to more
Accumulation Distribution in 2013
For the regular tax computation, if there is a capital
California R&TC Section 17779 specifically excludes
than one beneficiary, attach an additional copy
gain, complete line 18 through line 25 for each
of Schedule J with Part IV completed for each
from conformity IRC Section 665. Therefore,
throwback year. If there is no capital gain for any
California law does not conform to federal law to
additional beneficiary. If more than four throwback
year (or there is a capital loss for every year), enter
years are involved, attach additional schedules.
exempt from taxation those accumulations occurring
on line 9 the amount of the tax for each year entered
prior to a beneficiary turning 21. For multiple
Nonresident Beneficiaries. In the case of a
for line 18; do not complete Part III.
trusts exceptions, see Internal Revenue Code (IRC)
nonresident beneficiary, enter on line 26 through
Sections 665 and 667(c). The trustee reports the
If the trust received an accumulation distribution
line 29, column (a), only that ratio of income from
from another trust, see the federal Treasury
total amount of the accumulation distribution.
California sources as the amount on Part II, line 13
Regulations under IRC Sections 665-668.
Part II
bears to the amount on Part II, line 10. Enter on
Line 18 – Tax
line 26 through line 29, column (b), only that ratio
You must complete Part III before completing this
Enter the applicable tax amounts as follows:
of the amount on Part II, line 14 as the amount in
part.
column (a) bears to the amount on Part II, line 13.
Throwback Year(s):
Amount From:
Ordinary Income Accumulation Distribution
1969 . . . . . . . . . . . . . . . . . . . . . . . .Form 541, line 20
Attach separate schedules supporting allocation of
1970-1971 . . . . . . . . . . . . . . . . . . .Form 541, line 21
income to sources within and outside California.
Line 6 – Distributable net income for earlier years.
1972-1979 . . . . . . . . . . . . . . . . . . .Form 541, line 19
Enter the applicable amounts as follows:
Under R&TC Section 17953, income from trusts
1980-1981 . . . . . . . . . . . . . . . . . . .Form 541, line 23
deemed distributed to nonresident beneficiaries is
Throwback Year(s):
Amount From:
1982-1984 . . . . . . . . . . . . . . . . Form 541, line 23(c)
income from sources within California only if the
1969-1978 . . . . . . . . . .Form 541, Schedule H, line 5
1985-1986 . . . . . . . . . . . . . . . . Form 541, line 24(c)
income is derived from sources within California.
1979 . . . . . . . . . . . . . . . . . . .Form 541, Part D, line 5
1987-1989 . . . . . . . . . . . . . . . . Form 541, line 22(c)
Generally, for purposes of R&TC Section 17953, the
1980 . . . . . . . . . . . . . . . . . . . . . . . .Form 541, line 55
1990-1996 . . . . . . . . . . . . . . . . Form 541, line 20(a)
nonresident beneficiary shall be deemed to be the
1981-1984 . . . . . . . . . . . . . . . . . . .Form 541, line 57
1997-2012 . . . . . . . . . . . . . . . . Form 541, line 21(a)
owner of intangible personal property from which the
1985-1986 . . . . . . . . . Form 541, Schedule 3, line 11
Line 20 – Enter the applicable net capital gain
income of the trust is derived.
1987 . . . . . . . . . . . . . . . Form 541, Schedule 3, line 9
distributed as follows:
1988-1998 . . . . . . . . . . Form 541, Schedule B, line 8
If the beneficiary is a nonresident individual or a
1999-2012 . . . . . . . . . . Form 541, Schedule B, line 7
Throwback Year(s):
Amount From:
foreign corporation, see IRC Section 667(e) about
1969. . . . . . . Form 541, Side 1, line 17 plus amounts
retaining the character of the amounts distributed to
from Schedule F-1 (541), lines 1 and 2
determine the amount of withholding tax.
1970-1971 . . Form 541, Side 1, line 18 plus amounts
The beneficiary may use form FTB 5870A to compute
from Schedule F-1 (541), lines 1 and 2
the tax on the distribution.
Side 2 Schedule J (541) 2013
7862133
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