Form 541 - California Fiduciary Income Tax Return - 2014

Download a blank fillable Form 541 - California Fiduciary Income Tax Return - 2014 in PDF format just by clicking the "DOWNLOAD PDF" button.

Open the file in any PDF-viewing software. Adobe Reader or any alternative for Windows or MacOS are required to access and complete fillable content.

Complete Form 541 - California Fiduciary Income Tax Return - 2014 with your personal data - all interactive fields are highlighted in places where you should type, access drop-down lists or select multiple-choice options.

Some fillable PDF-files have the option of saving the completed form that contains your own data for later use or sending it out straight away.

ADVERTISEMENT

Get 541 Booklet to see the instructions for the 541 Form
TAXABLE YEAR
FORM
California Fiduciary Income Tax Return
2014
541
For calendar year 2014 or fiscal year beginning (mm/dd/yyyy)
, and ending (mm/dd/yyyy)
.
Name of estate or trust
FEIN
Type of entity.
A
Check all that apply.
(1)
Decedent’s estate
R
Name and title of all fiduciaries, see instructions
(2)
Simple trust
(3)
Complex trust
RP
Additional information (see instructions)
PBA Code
(4)
Grantor trust
(5)
Bankruptcy estate
– Chapter 7
Street address (number and street) or PO Box
Apt no./Suite no.
PMB/Private mailbox
(6)
Bankruptcy estate
– Chapter 11
City (If you have a foreign address, see page 7)
State
ZIP code
(7)
Pooled income
fund
(8)
ESBT
Foreign country name
Foreign province/state/county
Foreign postal code
(9)
QSST
(10)
Apportioning
Trust
Check
 Initial tax return  Final tax return  REMIC
applicable boxes:
 Amended tax return  Change in fiduciary’s name or address
Trusts that have nonresident trustees and/or nonresident beneficiaries must first complete Schedule G on Side 3.
00
1 Interest income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1
00
2 Dividends . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2
00
3 Business income or (loss). Attach federal Schedule C or C-EZ (Form 1040). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
3
00
4 Capital gain or (loss). Attach Schedule D (541). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
4
5 Rents, royalties, partnerships, other estates and trusts, etc. Attach federal Schedule E (Form 1040) . . . . . . . . . . . . . . . .
5
00
00
6 Farm income or (loss). Attach federal Schedule F (Form 1040) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
6
00
7 Ordinary gain or (loss). Attach Schedule D-1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
7
00
8 Other income. See instructions. State nature of income___________________________________________ . . . . . . .
8
00
9 Total income. Add line 1 through line 8. (Apportioning fiduciaries: Complete Schedule G on Side 3) . . . . . . . . . . . . . . .
9
00
10 Interest. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10
11 Taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11
00
00
12 Fiduciary fees . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
12
00
13 Charitable deduction. Enter the amount from Side 2, Schedule A, line 5.. . . . . . . . . . . .
13
00
14 Attorney, accountant, and tax return preparer fees. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14
a
00
15
Other deductions not subject to 2% floor. Attach schedule.
1 5a
b Allowable misc. itemized deductions subject to 2% floor . . . .
1 5b
00
00
c Total. Add line 15a and line 15b.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1 5c
00
16 Total. Add line 10 through line 14 and line 15c. (Apportioning fiduciaries: Complete Schedule G on Side 3) . . . . . . . . .
16
00
17 Adjusted total income (or loss). Subtract line 16 from line 9. Enter here and on Side 3, Schedule B, line 1 . . . . . . . . . .
17
00
18 Income distribution deduction from Side 3, Schedule B, line 15. Attach Schedule K-1 (541) . . . . . . . . . . . . . . . . . . . . .
18
20 a Taxable income of fiduciary. Subtract line 18 from line 17.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
20a
00
00
b ESBT taxable income (S-portion only) See instructions.. . . . . . . . . . . . . . . . . . . . .
2 0b
00
21 a Regular tax ________________; b Other taxes ________________; c QSF tax ________________; d Total . . .
21
00
22 Exemption credit. See instructions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22
00
23 Credits. Attach worksheet. Enter code
and amount . . . . . . . . . . . . . . .
23
If more than one credit, see instructions.
00
24 Total. Add line 22 and line 23 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
24
00
25 Subtract line 24 from line 21. If less than zero, enter -0- . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
25
00
26 Alternative minimum tax. Attach Schedule P (541) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
26
00
27 Mental Health Services Tax. See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
27
28 Total tax. Add line 25, line 26, and line 27. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
28
00
00
29 California income tax withheld. See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
29
00
30 California income tax previously paid. See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
30
00
31 2014 Real estate and other withholding. See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
31
00
32 2014 CA estimated tax, amount applied from 2013 tax return, and payment with form FTB 3563. . . . . . . . . . . . . . . . . .
32
33 Total payments. Add line 29, line 30, line 31, and line 32. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
33
00
00
34 Tax due. Subtract line 33 from line 28.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
34
Form 541
2014 Side 1
C1
3161143
For Privacy Notice, get FTB 1131 ENG/SP

ADVERTISEMENT

00 votes

Related Articles

Related forms

Related Categories

Parent category: Financial
Go
Page of 3