Form D-407 Draft - Estates And Trusts Income Tax Return - 2016 Page 5
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5D-407 NC K-1
2016 Beneficiary’s Share of North Carolina
Income, Adjustments, and Credits
8-16
1 6
For calendar year 2016, or fiscal year beginning
and ending
(MM-DD-YY)
(MM-DD)
Beneficiary’s Identifying Number
Estate’s or Trust’s Federal Employer ID Number
Beneficiary’s Name, Address, and Zip Code
Estate’s or Trust’s Name, Address, and Zip Code
I n d i v i d u a l s F i l i n g F o r m
Beneficiary’s Pro Rata Share Items
Amount
D-400 Enter Amount on:
All Beneficiaries
(This amount should already
1.
Beneficiary’s share of income (loss)
be included in federal adjusted
(Beneficiary’s share of amount from Federal Form 1041, Line 18)
gross income)
2.
Beneficiary’s share of additions to income (loss)
(From Form D-407, Schedule B, Line 4)
D-400, Schedule S, Line 3
a. Addition for bonus depreciation
D-400, Schedule S, Line 4
b. Addition for section 179
c. Other additions to income (loss)
D-400, Schedule S, Line 5
3.
Beneficiary’s share of deductions from income (loss)
(From Form D-407, Schedule B, Line 5)
a. Deduction for bonus depreciation
D-400, Schedule S, Line 11f
b. Deduction for section 179
D-400, Schedule S, Line 12f
c. Other deductions from income (loss)
D-400, Schedule S, Line 13
Form D-400TC
4.
Share of tax paid to another state or country
(See Form D-400 instructions)
(From Form D-407TC, Part 5, Section A, Line 4)
Form D-400TC
5. Share of other tax credits
(See Form D-400 instructions)
Nonresidents Only
6.
Portion of Line 1 above that is from N.C. sources
(Do not include intangible income from any source or
The sum of Lines 6 and
business income from sources outside North Carolina)
7, minus Line 8, must
be included on D-400,
7.
Portion of Lines 2a, 2b, and 2c above that is attributable
Schedule S, Line 24
to N.C. source income
8.
Portion of Lines 3a, 3b, and 3c above that is attributable
to N.C.source income
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