Arizona Form 141az - Schedule K-1 - Resident Or Part-Year Resident Beneficiary'S Share Of Fiduciary Adjustment - 2013 Page 2

Download a blank fillable Arizona Form 141az - Schedule K-1 - Resident Or Part-Year Resident Beneficiary'S Share Of Fiduciary Adjustment - 2013 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 Arizona Form 141az - Schedule K-1 - Resident Or Part-Year Resident Beneficiary'S Share Of Fiduciary Adjustment - 2013 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

Name of Estate or Trust (as shown on page 1)
Employer Identification Number
Part II: Net Long-Term Capital Gain Subtraction – Information Schedule
INSTRuCTIONS FOR ThE FIDuCIARY:
Beginning 2013, Arizona allows a subtraction from Arizona gross income for a percentage of any net long-term capital gain from assets
acquired after December 31, 2011 and included in the individual’s federal adjusted gross income or the estate’s or trust’s federal taxable
income.
• If the individual beneficiary’s federal Schedule K-1 (Form 1041) includes an amount for any net capital gain or (loss),
complete line 4, column (b) and line 5, columns (b) through (d).
• If this is the final return for the estate or trust and a capital loss carryover amount was distributed to the beneficiary,
complete line 6, column (b) and line 7, columns (b) through (d).
(a)
(b)
(c)
(d)
Net long-term capital
Net long-term capital
gain or (loss) included
gain or (loss) included
in column (b) from
in column (b) from
Amount reported on
assets acquired before
assets acquired after
Item
federal Schedule K-1
January 1, 2012
December 31, 2011
4 Total net short-term capital gain or (loss) from
Form 141AZ, page 1, line 15b distributed to the beneficiary ...... 4
5 Total net long-term capital gain or (loss) from
Form 141AZ, page 1, line 15c distributed to the beneficiary ...... 5
6 Short-term capital loss carryover(s) distributed to the beneficiary
upon termination of the estate or trust ........................................ 6
7 Long-term capital loss carryover(s) distributed to the beneficiary
upon termination of the estate or trust ........................................ 7
INSTRuCTIONS FOR ThE INDIvIDuAL BENEFICIARY:
The beneficiary should complete the worksheet, Worksheet for Net Long-Term Capital Gain Subtraction for Assets Acquired After
December 31, 2011, to determine the allowable subtraction. The worksheet is included in the instructions for the resident and part-year
resident income tax returns (Arizona Forms 140 and 140PY).
Full-year residents use the amount on line 5, column (d) to figure the allowable subtraction on the worksheet included with
Arizona Form 140.
Part-year residents use only that portion of the amount on line 5, column (d) that is included in your Arizona gross income to figure the
allowable subtraction on the worksheet that is included with Arizona Form 140PY.
INSTRuCTIONS FOR ThE FIDuCIARY BENEFICIARY:
If the net long-term capital gain (loss) on line 5, above, is taxed at the estate or trust level, use the information above to complete the
Worksheet for Net Long-Term Capital Gain Subtraction for Assets Acquired After December 31, 2011, included in the instructions of
Arizona Form 141AZ for the estate or trust.
If the net long-term capital gain (loss) on Part II, line 5, above, is distributed to the beneficiary, use the information above to complete
the Worksheet for Net Long-Term Capital Gain Subtraction for Assets Acquired After December 31, 2011, included in the instructions
of Arizona Form 141AZ. The worksheet will assist the estate or trust in completing the Net Long-Term Capital Gain Subtraction –
Information Schedule on Arizona Form 141AZ, Schedule K-1 or Schedule K-1(NR), for each beneficiary.
Print Form
ADOR 10585 (13)
AZ Form 141AZ Schedule K-1 (2013)
Page 2 of 2

ADVERTISEMENT

00 votes

Related Articles

Top 20 Happy Easter Cards And Gift Tags To Download For Free
Top Ten Easter Arts And Crafts Activities For Your Kids
Free Easter Coloring Pages And Easter Printables For Your Kids

Related forms

Arizona Form 165 - Schedule K-1 - Resident Partner's Share Of Adjustment To Partnership Income - 2013 Arizona Form 165 - Schedule K-1 - Resident Partner's Share Of Adjustment To Partnership Income - 2013 Financial
Arizona Form 165 Schedule K-1 - Resident Partner's Share Of Adjustment To Partnership Income - 2012 Arizona Form 165 Schedule K-1 - Resident Partner's Share Of Adjustment To Partnership Income - 2012 Financial
Form 165 - Schedule K-1 - Resident Partner's Share Of Adjustment To Partnership Income - 2004 Form 165 - Schedule K-1 - Resident Partner's Share Of Adjustment To Partnership Income - 2004 Financial
Form 165 - Schedule K-1 -resident Partner's Share Of Adjustment To Partnership Income - 2002 Form 165 - Schedule K-1 -resident Partner's Share Of Adjustment To Partnership Income - 2002 Financial
Arizona Schedule 141az K-1 - Resident Or Part-year Resident Beneficiary's Share Of Fiduciary Adjustment - 2011 Arizona Schedule 141az K-1 - Resident Or Part-year Resident Beneficiary's Share Of Fiduciary Adjustment - 2011 Financial
Arizona Form 141az Schedule K-1 - Resident Or Part-year Resident Beneficiary's Share Of Fiduciary Adjustment - 2012 Arizona Form 141az Schedule K-1 - Resident Or Part-year Resident Beneficiary's Share Of Fiduciary Adjustment - 2012 Financial
Arizona Form 141az - Schedule K1 - Resident Or Part-year Resident Beneficiary's Share Of Fiduciary Adjustment - 2011 Arizona Form 141az - Schedule K1 - Resident Or Part-year Resident Beneficiary's Share Of Fiduciary Adjustment - 2011 Financial
Arizona Form 141az (schedule K1) - Resident Or Part-year Resident Beneficiary's Share Of Fiduciary Adjustment - 2015 Arizona Form 141az (schedule K1) - Resident Or Part-year Resident Beneficiary's Share Of Fiduciary Adjustment - 2015 Financial
Instructions For Arizona Schedule K-1 (form 141az) - Resident Or Part-year Resident Beneficiary's Share Of Fiduciary Adjustment - 2014 Instructions For Arizona Schedule K-1 (form 141az) - Resident Or Part-year Resident Beneficiary's Share Of Fiduciary Adjustment - 2014 Financial
Arizona Form 141az - Schedule K-1(nr) - Nonresident Beneficiary's Share Of Income And Share Of Fiduciary Adjustment - 2013 Arizona Form 141az - Schedule K-1(nr) - Nonresident Beneficiary's Share Of Income And Share Of Fiduciary Adjustment - 2013 Financial

Related Categories

Parent category: Financial
Download
Go
Page of 2