Instructions For Form 400-I - Fiduciary Income Tax Return Instructions

sources. Income derived from the ownership or disposition of

Line 11. Non-Refundable Credits - If the fiduciary has paid

an interest in real or tangible personal property, including rents

income taxes to another state on income earned in

and capital gains, or from the ownership or operation of a

another state; and, which is also included in Delaware

business, trade, commerce or profession carried on in this State

taxable income, a credit will be allowed against the

is deemed Delaware source income.

Delaware tax due. In addition, any tax credit from

Form 700, for which the fiduciary qualifies, should be

COLUMN E - DATES OF NON-RESIDENCY:

included on this line. Enter the total amount of any

tax imposed and paid to another state plus any tax

If a beneficiary was a part-year resident of this State, enter the

credit from Form 700 on Line 11.

dates of non-residency during the taxable year. A beneficiary is

NOTE: The total of Line 11 is limited to the amount of your

not a non-resident or a part-year non-resident due to a temporary

Delaware Tax Liability on Line 10. Attach a signed

or seasonal absence from this State, from which the beneficiary

copy of the other state return.

returned to this State.

Line 13. Estimated Tax Paid & Payments with Extensions

- Enter total estimated tax payments, including

COLUMN F - PERCENTAGE OF NON-RESIDENCY:

amounts paid with extension.

Line 14. O t h e r P a y m e n t s - E n t e r a n y R e a l E s t a t e

Enter the percentage derived by dividing the number of days

Estimated taxes paid for 2013 on Line 14. A copy of

resided outside this State by 365. Round to four (4) decimal

Form 5403, Real Estate Tax Return must be attached

points.

to your return.

COLUMN G - TOTAL ALLOWABLE DEDUCTION:

For all other payments entered on Line 14, please

attach a written explanation.

Total all lines of Column G. This is the net allowable deduction

Line 16. Previous Refunds - Enter the total amount, if any,

for income accumulated for part-year and non-resident

refunded from your original return and/or any previous

beneficiaries. Enter the total on Page 1, Line 6.

amended returns on Line 16.

Line 18. Balance Due - If your Balance (Line 12) is greater

PAGE 1, LINE BY LINE INSTRUCTIONS

than your Net Refundable Credits (Line 17), determine

the difference, enter the Balance Due on Line 18,

Line 1. Federal Taxable Income - Enter the amount of

and Pay In Full.

taxable income from Federal Form 1041, Line 22.

Line 19. Overpayment - If your Net Refundable Credits (Line

Line 2. Income of Certain Electing Small Business Trusts

17) are greater than your Balance Due (Line 12),

- Trusts making an election under Internal Revenue

determine the difference and enter on Line 19 the

Code Section 1361(e)(1) enter the income received

amount of Overpayment To Be Refunded to You.

from a S-Corporation which was derived from sources

DELAWARE FORM 400; SCHEDULE K-1

within this State.

Line 3. Net Modification - Enter the Net Modifications from

For each beneficiary complete and attach a Schedule K-1,

Proforma Schedule A, Page 2 for those trusts with

showing the beneficiary’s share of trust income on Lines 1

IRC § 641(c) income.

through 3. In the case of nonresident beneficiaries, complete

Line 5. Delaware Modifications and Adjustments - Enter

Lines 4 through 11 showing the portions of income derived from

amount from Schedule B, Column B, Line 1.

Delaware sources. This does not include the nonresident’s share

Line 6. Income for Non-Resident Beneficiaries - Enter total

of passive investment or “portfolio” income earned by the trust

from Schedule C.

or estate from publicly traded securities, dividends from

Line 7. Delaware Taxable Income of Fiduciary - Line 4 plus

Subchapter C corporations, and intangible investment assets

or minus Line 5 and minus Line 6.

not employed by the trust or estate in a business, trade,

Line 8. Tax - Use the Tax Rate Schedule on Page 2 of the

commerce, profession or vocation carried on in this State. A

return to compute the tax due.

copy of the Schedule K-1 shall be provided to each beneficiary

Line 9. Tax on Lump Sum - Enter the amount from Delaware

of a trust or estate required to file a form 400.

Form 329, Line 16.

DOWNLOADABLE DELAWARE INCOME TAX FORMS AND INSTRUCTIONS ARE ALSO AVAILABLE ON OUR WEBSITE:

TOLL FREE TELEPHONE NUMBER (DELAWARE ONLY): 1-800-292-7826

WILMINGTON

DOVER

GEORGETOWN

Division of Revenue

Carvel State Office Building

Thomas Collins Building, Suite 2

20653 N. DuPont Highway

9th & French Streets, First Floor

540 S. DuPont Highway

Suite 2

Wilmington, Delaware 19801

Dover, Delaware 19901

Georgetown, Delaware 19947

Telephone (302) 577-8200

Telephone (302) 744-1085

Telephone (302) 856-5358

(Revised 09/18/13)

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Instructions For Form 400-I - Fiduciary Income Tax Return Instructions - 2013 Page 3

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