Form 541-Qft - California Income Tax Return For Qualified Funeral Trusts - 2014

California Income Tax Return for

TAXABLE YEAR

FORM

2014

541-QFT

Qualified Funeral Trusts

For calendar year 2014 or short year beginning (mm/dd/yyyy)

, and ending month (mm/dd/yyyy)

Name of estate or trust

FEIN

-

A

Name and title of trustee

R

RP

Additional information (see instructions)

Street address of trustee (number and street) or PO Box

Apt. no./Ste. no.

PMB/Private mailbox

City

State

ZIP code

-

Foreign country name

Foreign province/state/county

Foreign postal code

Check applicable boxes:

 Initial tax return

 Amended tax return

 Final tax return

 New trustee

 Updated information for trustee

1 Interest income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

1

00

2 Dividends . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

2

00

3 Capital gain or (loss) . Attach Schedule D (541) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

3

00

4 Other income . State nature of income ___________________________________________________ . . . . . . . . . . . . . . .

4

00

5 Total income. Combine line 1 through line 4 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

5

00

6 Taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

6

00

7 Trustee fees . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

7

00

8 Attorney, accountant, and preparer fees . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

8

00

9 Other deductions NOT subject to the 2% floor _______________________________________________ . . . . . . . . . . . . .

9

00

10 Allowable miscellaneous itemized deductions subject to the 2% floor . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10

00

11 Total deductions. Add line 6 through line 10 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11

00

12 Taxable income . Subtract line 11 from line 5 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12

00

13 Tax from:  Tax Rate Schedule (see instructions)  Composite tax return

Number of QFTs included on this tax return __________ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13

00

14 Credits . Attach worksheet . If one credit, enter code . ________ If more than one credit, attach a detailed list . . . . . . . . . . . 14

00



28 Tax liability . Subtract line 14 from line 13 . See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

28

00



29 2014 Withholding (Form 592-B and/or Form 593) . See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

29

00



30 California income tax previously paid . See instructions _______________________________________________ . . . .

30

00



32 2014 CA estimated tax, amount applied from 2013 tax return, and payment with form FTB 3563 . . . . . . . . . . . . . . . . . . .

32

00

33 Total payments . Add line 29, line 30, and line 32 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33

00



.

,

,

34 Tax due. If line 28 is larger than line 33, subtract line 33 from line 28 and enter the amount owed . . . .

34

00



35 Overpaid tax. If line 28 is less than line 33, subtract line 28 from line 33 and enter the amount overpaid . . . . . . . . . . . . .

35

00



36 Amount of line 35 to be credited to 2015 estimated tax . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

36

00



.

,

,

37 Amount of line 35 to be refunded . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

37

00







42 Underpayment of estimated tax . Check the box: FTB 5805

FTB 5805F

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

42

00

Under penalties of perjury, I declare that I have examined this tax return, including accompanying schedules and statements, and to the best of my knowledge and belief, it

is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.

Sign

Here

Signature of trustee or officer representing fiduciary

Date

X

  

Preparer’s signature

Date

Check if self-

PTIN



X

employed

  

Paid

Firm’s name (or yours, if self-employed) and address.

FEIN

Preparer’s

-

Use Only

Telephone

(

)



 

 

May the FTB discuss this tax return with the preparer shown above (see instructions)?. . . . . . . . . . . . . . . . . . . . . . . . .

Yes

No

Form 541-QFT

2014

C1

3171143

For Privacy Notice, get FTB 1131 ENG/SP.