California Schedule J 541 - Trust Allocation Of An Accumulation Distribution - 2015 Page 2
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1
2Part III Taxes Imposed on Undistributed Net Income. Enter the applicable throwback years below.
If more than four throwback years are involved, attach additional
Throwback year
Throwback year
Throwback year
Throwback year
schedules. See General Instructions. If the trust received an
ending (YYYY)
ending (YYYY)
ending (YYYY)
ending (YYYY)
accumulation distribution from another trust, see the federal
___________
___________
___________
___________
Treasury Regulations under IRC Sections 665-668.
18 Tax. See instructions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
18
19 Total net capital gain. See instructions . . . . . . . . . . . . . . . . . . . .
19
20 Net capital gain distributed to beneficiaries. See instructions . . .
20
21 Net capital gain undistributed. Subtract line 20 from line 19 . . .
21
22 Total taxable income. See instructions . . . . . . . . . . . . . . . . . . . .
22
23 Enter percent (divide line 21 by line 22) but not more
than 100% . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
23
24 Multiply amount on line 18 by percent on line 23 . . . . . . . . . . . .
24
25 Tax on undistributed net income. Subtract line 24 from line 18.
Enter here and on Part II, line 9 . . . . . . . . . . . . . . . . . . . . . . . . .
25
Part 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
Side 2 Schedule J (541) 2015
7862153
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