D-407 NC K-1
2014 Beneficiary’s Share of North Carolina
Web
11-14
Income, Adjustments, and Credits
For calendar year 2014, or fiscal year beginning
and ending
1
4
(MM-DD-YY)
(MM-DD)
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
I n d i v i d u a l s F i l i n g F o r m
Estate’s or Trust’s Pro Rata Share Items
Amount
D-400 Enter Amount on:
(This amount should already
Beneficiary’s share of income (loss)
1.
(Beneficiary’s share of amount from Federal
be included in federal adjusted
Form 1041, Line 18)
gross income)
Beneficiary’s share of additions to income (loss)
2.
D-400, Schedule S, Line 4
(From Form D-407, Schedule B, Line 3)
Beneficiary’s share of deductions from income (loss)
3.
(From Form D-407, Schedule B, Line 4)
a. Deduction for bonus depreciation
D-400, Schedule S, Line 9f
b. Other deductions from income (loss)
D-400, Schedule S, Line 11
Form D-400TC
4.
Share of tax paid to another state or country
(See Form D-400 instructions)
(From Form D-407TC, Part 5, Line 4)
Form D-400TC
5. Share of other tax credits
(See Form D-400 instructions)
6.
Portion of Line 1 above that is from N.C. sources
(Do not include intangible income from any
source or business income from sources outside
North Carolina)
The sum of Lines 6 and
7, minus Line 8, must
7.
Portion of Line 2 above that is attributable to N.C.
be included on D-400,
source income
Schedule S, Line 20
8.
Portion of Lines 3a and 3b above that is
attributable to N.C.source income