California Income Tax Return for
TAXABLE YEAR
FORM
2008
541-QFT
Qualified Funeral Trusts
For calendar year 2008 or short year beginning month ______day______year______, and ending month______day______year______.
Name of estate or trust
FEIN
P
-
AC
Name and title of trustee
A
Address of trustee (including number and street, PO Box, or PMB no.)
Apt. no./Ste. no.
R
City
State
ZIP Code
-
RP
Check Applicable Boxes:
Initial tax return
Amended tax return
Final tax return
New Trustee
Updated information for trustee
1 Interest income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1
00
2 Dividends . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2
00
3 Capital gain or (loss) . Attach Schedule D (541) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3
00
4 Other income . State nature of income ___________________________________________________ . . . . . . . . . . . . . . .
4
00
5 Total income. Combine line 1 through line 4 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5
00
6 Taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
6
00
7 Trustee fees . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
7
00
8 Attorney, accountant, and preparer fees . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8
00
9 Other deductions NOT subject to the 2% floor _______________________________________________ . . . . . . . . . . . . .
9
00
10 Allowable miscellaneous itemized deductions subject to the 2% floor . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10
00
11 Total deductions. Add line 6 through line 10 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11
00
12 Taxable income . Subtract line 11 from line 5 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12
00
13 Tax from: Tax Rate Schedule (see instructions) Composite return
Number of QFTs included on this tax return __________ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
00
14 Credits . Attach worksheet . If one credit, enter code . ________ If more than one credit, attach a detailed list . . . . . . . . . . . 14
00
•
28 Tax liability . Subtract line 14 from line 13 . See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
28
00
•
29 California income tax withheld . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
29
00
•
30 California income tax previously paid, see instructions _______________________________________________ . . . .
30
00
•
32 2008 CA estimated tax, amount applied from 2007 tax return, and payment with form FTB 3563 . . . . . . . . . . . . . . . . . . .
32
00
33 Total Payments . Add line 29, line 30, and line 32 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33
00
34 Tax due. If line 28 is larger than line 33, subtract line 33 from line 28 and enter the amount owed .
Mail Form 541-QFT and the check or money order to:
•
.
,
,
FRANCHISE TAX BOARD, PO BOX 942867, SACRAMENTO CA 94267-0001 . . . . . . . . . . . . . . . . . . . .
34
00
•
35 Overpaid tax. If line 28 is less than line 33, subtract line 28 from line 33 and enter the amount overpaid . . . . . . . . . . . . .
35
00
•
36 Amount of line 35 to be credited to 2009 estimated tax . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
36
00
37 Amount of line 35 to be refunded . Mail Form 541-QFT to:
•
.
,
,
00
FRANCHISE TAX BOARD, PO BOX 942840, SACRAMENTO CA 94240-0002 . . . . . . . . . . . . . . . . . . . .
37
•
42 Underpayment of estimated tax . Fill in circle: FTB 5805
FTB 5805F
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
42
00
Under penalties of perjury, I declare that I have examined this tax return, including accompanying schedules and statements, and to the best of my knowledge and belief, it
Please
is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
Sign
Date
Here
Signature of trustee or officer representing fiduciary
Paid preparer’s SSN/PTIN
Preparer’s signature
Date
Check if self-
•
employed
Paid
FEIN
Preparer’s
-
•
Firm’s name (or yours,
Use Only
if self-employed) and
Telephone
address.
(
)
•
May the FTB discuss this return with the preparer shown above (see instructions)?. . . . . . . . . . . . . . . . . . . . . . . . . . . .
Yes
No
Form 541-QFT
2008
3171083
For Privacy Notice, get form FTB 1131.
C1