NC K-1
2011 Beneficiary’s Share of North Carolina Income,
D-407
Adjustments, and Credits
Web
North Carolina Department of Revenue
11-11
1 1
For calendar year 2011, or fiscal year beginning
and ending
(MM-DD)
(MM-DD-YY)
Beneficiary’s Identifying Number
Federal Employer ID Number
Beneficiary’s Name, Address, and Zip Code
Estate’s or Trust’s Name, Address, and Zip Code
Individuals Filing Form
Estate’s or Trust’s Pro Rata Share Items
Amount
D-400 Enter Amount on:
All Beneficiaries
1.
Beneficiary’s share of income (loss)
(This amount should already be
(Beneficiary’s share of amount from Federal
included in federal taxable income)
Form 1041, Line 18)
2.
Beneficiary’s share of additions to income (loss)
(From Form D-407, Schedule B, Line 3)
a. Addition for bonus depreciation
Page 3, Line 38
b. Other additions to income (loss)
Page 3, Line 40
3.
Beneficiary’s share of deductions from income (loss)
(From Form D-407, Schedule B, Line 4)
a. Deduction for bonus depreciation
Page 3, Line 48
b. Other deductions from income (loss)
Page 4, Line 52
Form D-400TC
4.
Share of tax paid to another state or country
(See Form D-400 instructions)
(From Form D-407TC, Part 6, Line 4)
Form D-400TC
5. a. Share of Tax Credit for Small Businesses
That Pay N.C. Unemployment Insurance
(See Form D-400 instructions)
Form D-400TC
b. Share of other tax credits
(See Form D-400 instructions)
Nonresidents Only
6.
Portion of Line 1 above that is from N.C.
(Do not include intangible income from any
source or business income from sources out-
The sum of Lines 6
side North Carolina)
and 7, minus Line 8,
7.
Portion of Line 2 above that is attributable to N.C.
must be included on
source income
Page 4, Line 54
8.
Portion of Line 3 above that is attributable to N.C.
source income