Fillable Form It-205 - Fiduciary Income Tax Return

IT-205 (2013) (back)

Submit a copy of federal Schedule K-1 (Form 1041) for each beneficiary.

Schedule A – Details of federal taxable income of a fiduciary of a resident estate or trust

Enter items as reported for federal tax purposes or submit federal Form 1041.

43 Interest income .............................................................................................. 43

44 Dividends ....................................................................................................... 44

45 Business income (or loss)

(submit copy of federal Schedule C or C-EZ, Form 1040)

................. 46

46 Capital gain (or loss)

(submit copy of federal Schedule D, Form 1041)

47 Rents, royalties, partnerships, other estates and trusts (

submit copy of

....................................................................... 47

federal Schedule E, Form 1040)

................ 48

48 Farm income (or loss)

(submit copy of federal Schedule F, Form 1040)

................................. 49

49 Ordinary gain (or loss)

(submit copy of federal Form 4797)

............................................................... 50

50 Other income

(state nature of income)

51 Total income

........... 51

(add lines 43 through 50; enter here and on front page, line A)

52 Interest .......................................................................................................... 52

53 Taxes ............................................................................................................. 53

54 Fiduciary fees ................................................................................................ 54

55 Charitable deduction ..................................................................................... 55

56 Attorney, accountant, and return preparer fees ............................................. 56

57 Other deductions

............................................. 57

(itemize on an additional sheet)

58 Income distribution deduction

(submit copy of federal

for each beneficiary)

............................................... 58

Schedules K-1, Form 1041

59 Estate tax deduction

........................................................ 59

(submit computation)

60 Exemption (federal) ....................................................................................... 60

61 Total

........................................................................... 61

(add lines 52 through 60)

62 Federal taxable income of fiduciary

(subtract line 61 from line 51; enter here and on front page, line 1)

Schedule B – New York fiduciary adjustment of a resident or a nonresident estate or trust or a part-year resident trust

63 Interest income on state and local bonds other than New York

(gross amount not included in federal income) ..

64 Income taxes deducted on federal fiduciary return

........................................... 64

(see instructions)

(see instructions) Identify:

65 Other

...... 65

66 Total additions

....................................................................................... 66

(add lines 63, 64, and 65)

67 Interest income on US obligations included in federal income

(see inst.) Identify:

68 Other

... 68

........................................................................................ 69

69 Total subtractions

(add lines 67 and 68)

70 New York fiduciary adjustment

.. 70

(difference between lines 66 and 69 to be entered as total of column 5 below)

Schedule C – Shares of New York fiduciary adjustment of a resident or a nonresident estate or trust or a part-year resident trust

Submit additional sheets if necessary.

2 Identifying number

Shares of federal distributable

Shares of

of each beneficiary

net income (see instructions)

New York

Name and address of each beneficiary.

New York

Yonkers

fiduciary

Check box if beneficiary is a nonresident of:

3 Amount

4 Percent

State

adjustment

(a)

(b)

The total of Schedule C, column 5, should be the same as Schedule B, line 70 above.

Fiduciary

(see instructions)

Totals

100%

A If inter vivos trust, enter name and address of grantor:

B If revocable trust which changed state or city residence during the year, enter the date of the change of residence (see instr., page 2):

C Resident status – mark an X in all boxes that apply:

(3)

NYS full-year nonresident estate or trust

(6)

Yonkers full-year resident estate or trust

(1)

NYS full-year resident estate or trust

(4)

NYC full-year resident estate or trust

(7)

Yonkers part-year resident trust

(2)

NYS part-year resident trust

(5)

NYC part-year resident trust

(8)

Yonkers full-year nonresident estate or trust

D If an estate, indicate last known address of decedent

E Nonresident estate - indicate state of residency

F Submit a list of executors or trustees with their addresses and identification numbers (SSN or EIN).

G If a grantor trust, enter the identification number (SSN or EIN) of the individual reporting the income/loss ..................

Print designee’s name

Designee’s phone number

Personal identification

Third-party

number (PIN)

designee?

(see instr.)

(

)

Yes

E-mail:

Sign return here

Paid

Preparer’s signature

Preparer’s NYTPRIN



preparer

must

Signature of fiduciary or officer representing fiduciary

Firm’s name (or yours, if self-employed)

Preparer’s PTIN or SSN

complete

(see instr.)

Employer identification number

Daytime phone number

Address

Date

(

)

E-mail:

Date:

Self-employed?

Form It-205 - Fiduciary Income Tax Return - 2013 Page 2

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