Instructions For The Pa-41 Schedule Dd - Distribution Deductions

duce any person’s legal obliga-

whether from income or corpus or not,

LINE 14a

tions; and

which are specifically required under

the governing instrument to be distrib-

Line 6a x Line 13a

•

Derived from the ownership or dis-

uted during the taxable year, whether

position of an obligation issued by

Column A - Line 14a

actually distributed or not.

the federal government, Pennsyl-

Enter in Column A, Line 14a the product

vania or their instrumentalities or

of multiplying Line 13a, the amount dis-

LINE 9

life insurance, annuity and endow-

tributed/distributable, by the percentage

ment contracts.

on Line 6a.

Column A - Line 9a

For a trust, enter the amount of income

This is the amount of the total amount

LINE 5

specifically required under the govern-

distributed/distributable that is allocable

ing instrument to be distributed during

to taxable income.

All Income Available

the taxable year that has been actually

for Distributions

distributed, and/or the amounts that

LINE 14b

Column A – Line 5a

have or have not been actually distrib-

Add the amounts on Lines 3a and 4a.

Line 7b x Line 13a

uted, but, under the governing instru-

This amount represents the total in-

ment, are to be paid exclusively out of

Column B – Line 14b

come available for distribution from both

corpus.

Enter in Column B, Line 14b the prod-

taxable and nontaxable sources.

uct of multiplying Line 13a, the amount

LINE 10

distributed/distributable, by the percent-

LINE 6

age on Line 7b.

Total Distributable Currently

Line 3a ÷ Line 5a

This is the amount of the total amount

Column A – Line 10a

distributed/distributable that is allocable

Column A – Line 6a

Subtract the amount on Line 9a from

to Pennsylvania-source taxable in-

Divide the amount on Line 3a by the

the amount on Line 8a to determine the

come.

amount on Line 5a to determine the

total amount of undistributed income

percentage. Calculated to four decimal

that the trust must distribute currently.

LINE 15

places, __ __ . __ __ __ __ percent of

the total taxable income (Line 3a) avail-

LINE 11

Deduction for Distribution

able for distribution compared to the

Resident estates or trusts should enter

total income available for distribution

Total Cash Distributed

the lesser of Line 3a, the total taxable

(Line 5a).

income to be distributed, or Line 14a,

Column A – Line 11a

the amount of allocated total income ac-

If Lines 3a and 5a are the same, this

Estates or trusts should enter the total

tually distributed/distributable.

line will be 100 percent.

dollar amount of cash distributions

made to beneficiaries during the tax-

Example.

This amount should equal the total

Percentage

conversion.

able year.

amount shown on PA-41 Schedule RK-

0.755555 = 75.5555 percent

1, Line 6.

Do not include amounts properly paid

LINE 7

out of corpus as gifts or bequests of

Nonresident estates or trusts should

specific sums of money or amounts that

enter the lesser of Line 3b, the total in-

Line 3b ÷ Line 5a

were required to be distributed in any

come

allocable

Pennsylvania

prior taxable year, but were not.

Column B – Line 7b

sources to be distributed, or Line 14b,

the amount of allocated Pennsylvania-

Divide the amount on Line 3b by the

source income actually distributed/dis-

amount on Line 5a to determine the

LINE 12

tributable.

percentage. Calculated to four decimal

Total Property Distributed

places, __ __ . __ __ __ __ percent of

This amount should equal the total

the total Pennsylvania-source taxable

Column A – Line 12a

amount shown on PA-41 Schedule

income (Line 3b) available for distribu-

Estates or trusts should enter the total

NRK-1, Line 4.

tion compared to the total income avail-

market value of property distributions

able for distribution (Line 5a).

made to beneficiaries during the tax-

LINE 16

able year.

If Line 3b is zero, the percentage will

Charitable Distribution Deduction

also be 0 percent.

Do not include property distributed in-

Resident estates or trusts should enter

kind as a gift or bequest of specific

TIP: If you are filing for an estate,

the amount of taxable income included

property.

enter zero on Lines 8a, 9a, and

in PA-41 Schedule DD, Line a, for which

10a, and proceed to Line 11a.

a charitable distribution deduction is al-

LINE 13

lowed.

LINE 8

Nonresident estates or trusts should

Total Distributable/Distributed

enter the amount of Pennsylvania-

Total Required to be Distributed

Column A – Line 13a

source taxable income included in PA-

Column A – Line 8a

Add Lines 10a, 11a and 12a to arrive at

41 Schedule DD, Line 2b for which a

For a trust, enter the total of all

the total amount distributed/distrib-

charitable distribution deduction is al-

amounts, whether taxable or not and

utable by the estate or trust.

lowed.

PA-41 Schedule DD

Instructions For The Pa-41 Schedule Dd - Distribution Deductions - 2013 Page 2

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