16201
Form M2, Income Tax Return for Estates and Trusts 2016
Tax year beginning
, 2016, ending
Federal ID number
Minnesota ID number
Name of estate or trust
Check if name
has changed:
Name and title of fiduciary
Decedent’s Social Security number Date of death
Check if address
Current address of fiduciary
City
State
Zip code
has changed:
Decedent’s last address or grantor’s address when trust became irrevocable
City
State
Zip code
Number of Schedules KF Number of beneficiaries
Initial
Final
Irrevocable Trust. Date
Grantor
Return
Return
trust became irrevocable:
Trust
Bankruptcy debtor SSN
If filing jointly, second debtor SSN
Composite
Section 645
Bankruptcy
QSST
Income tax
ESBT
Election
Nonresident
Estate
FEIN
Decedent’s
Trust/Estate Owns
Estate. Gross value of estate:
Form M706 Filed
or Operates a Business
1 Federal taxable income (from line 22 of federal Form 1041) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1
2 Fiduciary’s deductions and losses not allowed by Minnesota (see instructions, page 4) . . . . . . . . . . . . 2
3 Capital gain amount of lump-sum distribution (enclose federal Form 4972) . . . . . . . . . . . . . . . . . . . . . . 3
4 Additions (from line 44, column E, on page 3 of this form) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
5 Add lines 1 through 4 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5
6 Subtractions (from line 44, column E, on page 3 of this form) . . . . . . 6
7 Fiduciary’s income from non-Minnesota sources
(see instructions, page 4) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7
8 Add lines 6 and 7 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8
9 Minnesota taxable net income. Subtract line 8 from line 5 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9
10 Tax from table on pages 10 through 13 using the income amount shown on line 9 . . . . . . . . . . . . . . . 10
1 1 Tax from S portion of an Electing Small Business Trust (enclose Schedule M2SB) . . . . . . . . . . . . . . . . 1 1
1 2 Total of tax from (enclose appropriate schedules):
Schedule M1LS
Schedule M2MT . . . . 1 2
1 3 Composite income tax for nonresident beneficiaries (enclose Schedules KF) . . . . . . . . . . . . . . . . . . . . 1 3
1 4 Total 2016 income tax. Add lines 10 through 13 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 4
1 5 a. Total estimated tax payments and any extension payment . . . . 1 5a
b. 2016 Minnesota tax withheld (enclose documentation) . . . . . . 1 5 b
c. Other refundable credits . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1 5 c
d. Other nonrefundable credits . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 5 d
Total payments, tax withheld and credits (add lines 15a through 15d) . . . . . . . . . . . . . . . . . . . . . . . . . 1 5
9995