Form 1041 U.S. Income Tax Return for Estates and Trusts 2005. Summary: This is an example of Form 1041 (2005) with items included as described in the text. Additionally, these line items
are
completed:
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“A. Type of entity: (see instructions)--Decedent's estate” checkbox checked
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“B. Number of Schedules K-1 attached (see instructions)” field contains 1
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“Name of estate or trust (if a grantor type trust, see page 10 of the instructions)” field contains Estate of John R. Smith
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“Name and title of fiduciary” field contains Charles R. Smith, Executor
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“Number, street, and room or suite number (if a P.O. box, see page 11 of the instructions)” field contains 6406 Mayflower
Street
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“City or town, state, and ZIP code” field contains Juneville, Maine 00000
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“C. Employer identification number” field contains 10-0123456
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“D. Date entity created” field contains 4-9-05
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“F. Check applicable boxes: Initial return” checkbox checked
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Under
“Deductions”:
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“16. Total. Add line 10 through 15b” field contains 2,575
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“17. Adjusted total income or (loss). Subtract line 16 from line 9. Enter here and on Schedule B, line 1” field contains
12,625
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“21. Total deductions. Add lines 18 through 20” field contains 2,600
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“22. Taxable income. Subtract line 21 from line 17. If a loss, see page 20 of the instructions” field contains 10,025
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“23. Total tax (from Schedule G, line 7)” field contains 2,486
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“27. Tax due. If line 25 is smaller than the total of lines 23 and 26, enter amount owed” field contains
2,486
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Under
“Sign Here”:
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“Signature of fiduciary or officer representing fiduciary” field contains Charles R. Smith, Executor
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“Date” field contains 3-24-06
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