Instructions for Form 1041 and Schedules A, B, D, G, I, J, and K-1 (2006)

A

Accounting income, Income Taxation of Trusts and Decedents' Estates
AGI, How to figure AGI for estates and trusts.
Alaska Native Settlement Trusts, Alaska Native Settlement Trusts
Allowable miscellaneous itemized deductions (AMID), Line 15b—Allowable Miscellaneous Itemized Deductions Subject to the 2% Floor, How to figure AGI for estates and trusts.
Alternative minimum tax, Schedule I—Alternative Minimum Tax
Amended return, Amended Return
Amounts paid or permanently set aside, Line 1—Amounts Paid or Permanently Set Aside for Charitable Purposes From Gross Income
Assembly, Assembly and Attachments
Attachments, Attachments

B

Bankruptcy estate, Bankruptcy Estate, Bankruptcy Estate

Bankruptcy information, Of Special Interest to Bankruptcy Trustees and Debtors-in-Possession

Basis, Column (e)—Cost or Other Basis

Beneficiary, Beneficiary

Allocation of estimated tax payment, Section 643(g) Election, Line 24b—Estimated Tax Payments Allocated to Beneficiaries
Complex trust, Estates and complex trusts.
Estate, Estates and complex trusts.
Simple trust, Simple trust.
Tax year for inclusion, Beneficiary's Tax Year
Withholding on foreign person, Withholding of tax on foreign persons.

Blind trust, Special Rule for Blind Trust

C

Capital asset, Capital Asset
Capital loss limitation, Part IV—Capital Loss Limitation
Cemetery perpetual care fund, Cemetery perpetual care fund.
Charitable deduction, Schedule A—Charitable Deduction
Collectibles, Line 14c—28% Rate Gain
Common trust fund, Common Trust Funds

D

Definitions:

Accumulation distribution, General Instructions
Beneficiary, Beneficiary
Complex trust, Complex Trust
Decedent's estate, Decedent's Estate
DNI, Distributable Net Income (DNI)
Fiduciary, Fiduciary
Grantor trusts, Grantor Type Trust
Income in respect of a decedent, Income.
Outside income, Line 13—Throwback Years
Pooled income fund, Pooled Income Fund
Simple trust, Simple Trust
Trust, Trust

Distributable net income (see DNI)

DNI, Distributable Net Income (DNI), General Instructions

E

Electing small business trusts, Electing Small Business Trusts, Tax on electing small business trusts (ESBTs).

ESBT (S portion only), ESBT (S Portion Only)
S portion, Electing Small Business Trusts

Elections:

Out of installment method, Installment sales.
Rollover of gain from qualified small business stock, Rollover of gain from qualified small business stock.
Section 643(e)(3), Line 10—Other Amounts Paid, Credited, or Otherwise Required To Be Distributed, Section 643(e)(3) Election
Section 643(g), Section 643(g) Election, Line 24b—Estimated Tax Payments Allocated to Beneficiaries
Section 645, Special Rule for Certain Revocable Trusts
Special rule for qualified revocable trusts, Special Rule for Certain Revocable Trusts
Treating contributions as paid in prior tax year, Election to treat contributions as paid in the prior tax year.

Electronic deposits, Electronic Deposits

ESBTs (see Electing small business trusts)

Estate, Decedent's Estate, Estates and complex trusts.

Bankruptcy, Bankruptcy Estate, Bankruptcy Estate
Exemption for, Decedents' estates.
Foreign, Decedent's Estate
Who must file, Decedent's Estate

Estate tax deduction, Line 19—Estate Tax Deduction (Including Certain Generation- Skipping Transfer Taxes)

Estimated tax, Estimated Tax, Line 24a—2006 Estimated Tax Payments and Amount Applied From 2005 Return, Line 29a—Credited to 2007 Estimated Tax

Allocation of payments to beneficiaries, Estimated Tax, Line 24b—Estimated Tax Payments Allocated to Beneficiaries
Penalty, Line 26—Estimated Tax Penalty

Excess deductions, Excess deductions on termination.

Exemption, Line 20—Exemption

Extraterritorial income exclusion, Extraterritorial Income Exclusion

Income in respect of a decedent (see IRD)

Installment sales, Installment sales.

Elect out of, Installment sales.

Inter vivos, Income Taxation of Trusts and Decedents' Estates, Trust

Interest income, Line 1—Interest Income

IRD, Income, Deductions, and Credits in Respect of a Decedent

Deduction, Line 19—Estate Tax Deduction (Including Certain Generation- Skipping Transfer Taxes)

L

Like-kind exchange, Exchange of like-kind property.

M

Minimum taxable income, Minimum taxable income.

Mortgage pools, Mortgage pools., G. Pooled Mortgage Account

Employer Identification number, C. Employer Identification Number

N

Net operating loss, Net operating loss.
Nonexempt charitable deduction, Not a Private Foundation
Nonexempt charitable trust, Section 4947(a)(1) Trust, General Instructions
Nonqualified deferred compensation plans, Nonqualified deferred compensation plans.

P

Paid preparer, Paid Preparer

Paid preparer authorization, Paid Preparer Authorization

Penalties

Estimated tax, Line 26—Estimated Tax Penalty

Penalties:

Failure to provide a required TIN, Penalty.
Failure to provide information timely, Failure To Provide Information Timely
Late filing of return, Late Filing of Return
Late payment of tax, Late Payment of Tax
Other, Other Penalties
Trust fund recovery, Trust Fund Recovery Penalty
Underpaid estimated tax, Underpaid Estimated Tax

Pooled income funds, Pooled Income Funds, Pooled Income Fund, General Instructions, Pooled income funds.

Pre-need funeral trusts, Pre-need funeral trusts.

Q

Qualified disability trust, Qualified disability trusts.
Qualified Dividends, Line 2b—Qualified Dividends
Qualified revocable trust, Special Rule for Certain Revocable Trusts, Qualified revocable trusts.
Qualified settlement funds, Qualified Settlement Funds
Qualified small business stock, Line 3, Exclusion of Gain on Qualified Small Business Stock (Section 1202)

R

Returns:

Amended, Amended Return
Common trust fund, Common Trust Funds
Electronic and magnetic media, Electronic Filing
Final, Final Return
Nonexempt charitable trust, Nonexempt charitable trust treated as a private foundation., Other returns that must be filed.
Qualified settlement funds, Qualified Settlement Funds
Split-interest trust, Other returns that must be filed.
When to file, When To File
Who must file, Who Must File

S

Second tier distributions, Complex trusts.

Separate share rule, Separate share rule.

Special filing instructions:

Bankruptcy estates, Special Filing Instructions for Bankruptcy Estates
Electing small business trusts, Electing Small Business Trusts
Grantor trusts, Grantor Type Trusts
Pooled income funds, Pooled Income Funds

Split-interest trust, Section 4947(a)(2) Trust

Substitute forms, Substitute Forms

T

Taxable income, Line 22—Taxable Income

Throwback years, Line 13—Throwback Years

Trusts:, Trust

Alaska Native Settlement, Alaska Native Settlement Trusts
Blind, Special Rule for Blind Trust
Common trust fund, Common Trust Funds
Complex, Estates and complex trusts.
Domestic, Trust
Exemption for, Trusts required to distribute all income currently.
Foreign, Question 4
Grantor, Income Taxation of Trusts and Decedents' Estates
Inter vivos, Income Taxation of Trusts and Decedents' Estates, Trust
Nonexempt charitable, Section 4947(a)(1) Trust, Not a Private Foundation, General Instructions
Pre-need funeral, Pre-need funeral trusts.
Qualified disability, Qualified disability trusts.
Qualified revocable, Qualified revocable trusts.
Simple, Simple trust.
Split-interest, Section 4947(a)(2) Trust
Testamentary, Income Taxation of Trusts and Decedents' Estates, Trust
Who must file, Trust, Who Must File

U

Undistributed capital gains, Undistributed capital gains.
Unrecaptured section 1250 gain, Line 14b—Unrecaptured Section 1250 Gain

W

Who must file

Bankruptcy estate, Who Must File
Decedent's estate, Decedent's Estate
Trust, Trust

Withholding on foreign person, Withholding of tax on foreign persons.

Index

A

B

C

D

E

F

G

I

L

M

N

P

Q

R

S

T

U

W