Form 1041 Schedule K-1 - 2005 Page 2

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2
Schedule K-1 (Form 1041) 2005
Page
12. Alternative minimum tax items
This list identifies the codes used on Schedule K-1 for
beneficiaries and provides summarized reporting information for
Code
Enter on
beneficiaries who file Form 1040. For detailed reporting and filing
A Adjustment for minimum tax purposes Form 6251, line 14
information, see the Instructions for Beneficiary Filing Form 1040
B AMT adjustment attributable to
and the instructions for your income tax return.
qualified dividends
C AMT adjustment attributable to
Enter on
net short-term capital gain
1.
Interest income
Form 1040, line 8a
D AMT adjustment attributable to
2a. Ordinary dividends
Form 1040, line 9a
net long-term capital gain
See the beneficiary’s
instructions and the
2b. Qualified dividends
Form 1040, line 9b
E AMT adjustment attributable to
Instructions for Form 6251
unrecaptured section 1250 gain
3. Net short-term capital gain
Schedule D, line 5, column (f)
F AMT adjustment attributable to
4a. Net long-term capital gain
Schedule D, line 12, column (f)
28% rate gain
G Accelerated depreciation
4b. 28% rate gain
Line 4 of the worksheet for
Schedule D, line 18
H Depletion
I Amortization
4c.
Unrecaptured section 1250 gain
Line 11 of the worksheet for
J Exclusion items
2006 Form 8801
Schedule D, line 19
13. Credits and credit recapture
5. Other portfolio and nonbusiness
Schedule E, line 33, column (f)
A Credit for estimated taxes
Form 1040, line 65
income
B Credit for backup withholding
Form 1040, line 64
6. Ordinary business Income
Schedule E, line 33, column (d)
C Low-income housing credit
Form 8586, line 4
or (f)
D Qualified rehabilitation expenditures
Form 3468, line 1
7. Net rental real estate income
Schedule E, line 33, column (d)
E Basis of energy property
Form 3468, line 2
or (f)
F Work opportunity credit
Form 5884, line 3
8. Other rental income
Schedule E, line 33, column (d)
G Welfare-to-work credit
Form 8861, line 3
or (f)
H Alcohol fuel credit
Form 6478, line 4
9. Directly apportioned deductions
I Credit for increasing research
Form 6765, line 42
Code
activities
A Depreciation
Form 8582 or Schedule E, line
J Renewable electricity, refined coal,
See the instructions for
33, column (c) or (e)
and Indian coal production credit
Form 8835
K Empowerment zone and renewal
Form 8844, line 3
B Depletion
Form 8582 or Schedule E, line
community employment credit
33, column (c) or (e)
L Indian employment credit
Form 8845, line 5
C Amortization
Form 8582 or Schedule E, line
33, column (c) or (e)
M Orphan drug credit
Form 8820, line 3
N Credit for employer provided child
Form 8882, line 5
10.
Estate tax deduction
Schedule A, line 27
care and facilities
11.
Final year deductions
O Biodiesel and renewable diesel
Form 8864, line 9
A Excess deductions
Schedule A, line 22
fuels credit
B Short-term capital loss carryover
Schedule D, line 5, column (f)
P Nonconventional source fuel credit
Form 8907, line 13
C Long-term capital loss carryover
Schedule D, line 12, column (f);
Q Clean renewable energy bond
See the instructions for
line 5 of the wksht. for Sch. D,
and Gulf bond tax credit
Form 8912
line 18; and line 16 of the wksht.
R Credits for employers affected
See the instructions for
for Sch. D, line 19
by Hurricane Katrina, Rita, or
Form 5884-A
D Net operating loss carryover —
Wilma
regular tax
Form 1040, line 21
S Recapture of credits
See the beneficiary’s instructions
E Net operating loss carryover —
14. Other information
minimum tax
Form 6251, line 27
A Tax-exempt interest
Form 1040, line 8b
B Foreign Taxes
Form 1040, line 47 or
Sch. A, line 8
C Qualified production activities
Form 8903, line 7
income
D Employer’s W-2 wages
Form 8903, line 13
E Net investment income
Form 4952, line 4a
F Gross farm and fishing income
Schedule E, line 42
G Foreign Trading Gross Receipts
See the instructions for
(IRC 942(a))
Form 8873
H Other information
See the beneficiary’s instructions
Note. If you are a beneficiary who does not file a Form 1040,
see instructions for the type of income tax return you are filing.

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