Form K-41 - Kansas Fiduciary Income Tax - 2014 (Page 2 of 4) in pdf

140114

PART I - MODIFICATIONS TO FEDERAL TAXABLE INCOME

24. Additions to federal taxable income:

24a

a. State and local bond interest (reduced by related expenses, enclose schedule) . . . . . . . . . . . . . . . . . . . . . . .

24b

b. State or local taxes measured by income deducted on the federal return. . . . . . . . . . . . . . . . . . . . . . . . . . . . .

24c

c. Administrative expenses claimed as deductions on Kansas estate tax return. . . . . . . . . . . . . . . . . . . . . . . . . .

24d

d. Other additions (see instructions, enclose schedule) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

24e

e. Total additions to federal income (add lines 24a through 24d) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

25. Subtractions from federal taxable income:

25a

a. Interest on U.S. Government obligations (reduced by related expenses, enclose schedule). . . . . . . . . . . . . .

25b

b. State income tax refunds reported as income on federal return. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

25c

c. Exempt retirement benefits . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

25d

d. Other subtractions from federal taxable income (see instructions, enclose schedule) . . . . . . . . . . . . . . . . . . .

e. Total subtractions from federal taxable income (add lines 25a through 25d). . . . . . . . . . . . . . . . . . . . . . . . . . .

25e

26. Net modification to federal taxable income (subtract line 25e from line 24e). . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

PART II - COMPUTATION OF SHARES OF THE MODIFICATION TO FEDERAL TAXABLE INCOME

NOTE: The Kansas fiduciary modification is to be allocated among the beneficiaries and the fiduciary in proportion to their share of the sum

of the federal distributable net income and the amount distributed or required to be distributed from current income.

(A)

(B)

(C)

(D)

Percent of

Share of fiduciary adjustment (line 26,

Name and Address

Social Security No.

Distribution

Part I, multiplied by column C)

RESIDENT BENEFICIARIES

(a)

(b)

(c)

(d)

NONRESIDENT BENEFICIARIES

(e)

(f)

(g)

(h)

( i ) Charitable beneficiaries' portion . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ( i )

Subtotal. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

( j ) Fiduciary's portion. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ( j )

Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

100%

I authorize the Director of Taxation or the Director's designee to discuss my K-41 and enclosures with my preparer.

I declare under the penalties of perjury that to the best of my knowledge and belief this is a true, correct, and complete return.

sign

Signature of fiduciary

Date

Title

here

Signature of preparer other than fiduciary

Address/Telephone Number

Date

MAIL TO: Fiduciary Tax, Kansas Department of Revenue, 915 SW Harrison St., Topeka, KS 66612-1588