California Form 541-B - Charitable Remainder And Pooled Income Trusts - 2015 Page 3

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Part II Unrelated Business Taxable Income
m
m
26 Did the trust have any unrelated business taxable income? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Yes
No
If “Yes,” file a separate Form 541 to report the tax due . . . . $ _________________________or overpaid tax . . . . $ _______________________
Part III Schedule of Distributable Income (IRC Section 664 trust only)
Accumulations
(a)
(b)
(c)
Ordinary income
Capital gains (losses)
Nontaxable income
27 Undistributed income from prior taxable years
28 Current taxable year net income year
(before distributions) . . . . . . . . . . . . . . . . . . .
• In column (a), enter the amount from line 23b
• In column (b), enter the amount from line 24b
• In column (c), enter the amount from line 25b
29 Total distributable income . Add lines 27 and 28
Part IV-A
Distributions of Principal for Charitable Purposes
30 Principal distributed in prior taxable years for charitable purposes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30
00
31 Principal distributed during the current taxable year for charitable puposes .
Fill in the information for columns (A), (B), and (C) and enter the amount distributed on the space to the right .
(A)
(B)
(C)
Payee’s name and address
Date of distribution
Charitable purpose and description of assets distributed
(mm/dd/yyyy)
a
31a
00
b
31b
00
c
31c
00
32 Total. Add lines 30 through 31c . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
32
00
Part IV-B
Accumulated Income Set Aside and Income Distributions for Charitable Purposes
33a Accumulated income set aside in prior taxable years for which a deduction was claimed under IRC Section 642(c) . . . . . . 33a
00
33b Enter the amount shown on Side 2, line 22 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33b
00
34 Add lines 33a and 33b . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 34
00
35 Distributions made during the taxable year:
• For income set aside in prior taxable years for which a deduction was claimed under IRC Section 642(c),
• For charitable purposes for which a charitable deduction was claimed under IRC Section 642(c) in the current taxable year .
Fill in the information for columns (A), (B), and (C) and enter the amount distributed on the line to the right .
(A)
(B)
(C)
Payee’s name and address
Date of distribution
Charitable purpose and description of assets distributed
(mm/dd/yyyy)
a
35a
00
b
35b
00
c
35c
00
36 Add lines 35a through 35c . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 36
00
37 Carryover . Subtract line 36 from line 34 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 37
00
Form 541-B
2015 Side 3
C1
7023153

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