ࡱ> FE  \pLisa Schreiber Ba==hxRents, royalties, partnerships, other estates and trusts, etc.Farm income (less loss)Ordinary gain (less loss)Other income (less loss) Interest paid Taxes paidFiduciary fees"Charitable distributions deduction.Attorney, accountant, and return preparer fees"Allowable miscellaneous deductionsIncome distribution deductionEstate tax deduction ExemptionNumberAmountTotal Complex trustGrantor trust [1] Simple trustDecedents estateBankruptcy estateSplit-interest trustQualified funeral trustPooled income fund7NOTE: Detail may not add to totals because of rounding.dNumber of returns'[Money amounts in thousands of dollars]>Brief definitions are included as comments for column headers.<Additional data information, including expanded definitions.Total income (less loss)Taxable income [3]Total tax liability [4]Other deductions [2] Number [5]yTable 2. Fiduciary Income Tax Returns, Income Source, Deductions, and Tax Liability, by Type of Entity, Filing Year 2001d Data are suppressed to prevent disclosure of individual taxpayer data. However, the data are included in the appropriate totals.[[1] The values of both taxable and nontaxable grantor trusts are included in this category.[2] Other deductions not subject to the 2 percent floor, including bond premiums, casualty and theft losses, clean-fuel vehicle deductions, and net operating losses.E[3] Only values greater than zero were recorded for taxable income. [4] Tax liability amounts noted in this table are  settlement amounts, which include any changes made during processing or audit procedures. Therefore, these amounts may differ from the tax liability reported by the taxpayer on Form 1041.[5] Excludes returns with zero gross income. Returns with zero gross income may have amounts (and corresponding numbers of returns) for any of the items shown in columns 4 through 59. See Table 1 for data on these returns.8SOURCE: IRS, Statistics of Income Division, April 2010.B n cc   7  dMbP?_*+%&?'?M\\SOI-FOUR\Bopper? odLetter.HP LaserJet 4100 PCL 62gxe/DQ绳ok#6gpFPD!(ԻWfnIA @@ qMl$7w|yYEȬD,d~tA.(z  G,qx9 x]tx &)v . }%; [~/+GJ_$ds J'\.LNCJ~NOtdJQQExaoI36ATCjlz`lZlX"d??U} I} $ } 8$ } 9$ ::::%:%: :8:8:8: :  :% :% :% :%:%:%:%:%::::J:::J:J ,1 -) 2* 3+ 4 5( 5,5 6$666666666666666 55 6,6666666666666666666) *5-+5 ,5.-5 .5/5 0515 2535 4555 6575 85 979::: : : : : :  :  :  :  : : :: :: : ::: :: :: :: :: ::  :/!: ":#: $:%: &:': (:()::::::::::::::::;9 9: <0 < < < < < <  <  <  <  <  < < < < < < < < < < < < < < < < < < <  < !< "< #< $< %< &< '< (< )< *< +< ,< -< .< /< 0< 1< 2< 3< 4< 5< 6< 7< 8< 9=1\ "$&(*,.0123456789:;<=>?@@AABBCCDDEEFFGGHHIIJJKKLL9 \ &JI^ߠ&\f:d=@@D8A;A:>d A~@@@@P4AΞQ@BAF3.H0fk@HZWD<GAq&A,H2Aެ @@-Aߒv .X Xb@*6[L@i@3@@@QA@\@F-Jc29 !\ "Z"5A"V"~(A"t"$*A"R"@"l A"VB"VEz "xA"si"ȸ@"@"@F@#"pA"Z"nY"j"~"G@"u8A"A"̰:A"QA"H=A"@"{EA", A"(A" gA" "`@"8A"A"j"@"o@"HV"pA">" "|T/A":"|1A"̅YA"@"@9@"t@"oCA"@"`@"@"@"ȷA$J&49 !\ "2A"@"2"T@"L?"@"@&t@"z@"p@"/"@" A&0r@&l@&r@"ԗ@"T@"?@"@"'}&(@"PA"F@"G@"Z@"@&h@"@"@"@"(@"JA&@"@"-@"6A& @"@@"@"b@"@"A"@" A"@"hA&h@"@&y@"B@&~@"`@&A@&A@"@$p!A9 ! \ ","4+" "A"zV""":"h@" j@"A"gn"hA""@"@"@#"@"BP"\,"2"@3@"A"9A"F5"A".Kk"@"@"+A"A"p@"q9"@@"A"o$"qA"@"@"Ƃ)"hfA"A".M"hA"V\"1 A"V&"@"@"<@"!"{@"T@& @"@"@d A$R9 !!\ "HA"A"A"A""`A"Jx"d@"@@"'A"n"P>@"֡e"(@#"@#" @"O"?A"m"@@"A"/@"|+A"@"v| "J@"zi"J A"w3A"A":+A">@"@"NA""@" A"DA"H{A"u@"p"@"H"'@"<A&@"@"@"A"@";@&`u@&@"@$.y(9 !"T"@&p@"@&f@&@&5@&\@&.@&@X@&I@"8@&8@&`v@ &' &' &' &'&@\@'&b@" @&@&@&5@&O@&C@&t@&@&;@&R@"@&F@"s@& @&`c@&D@&X@&"@&f@&&&Z@"ԙ@"H@"@&`@"-@&&&R@"D@&Q@&Њ@&$@&A@&p@$@9 !#T"ѵ@"۴@"AI"±@"xA"@"( A&4@'U" @"`v'A&px@" @ &' &' &' &'&@@"@"@"vS9& k@"3@"@"+@"P@"p@"@"v})"@"@"@"@&0z@"@"@"pA&"@&U@"[@"@"@@"t%A"<@"`7@- .&' /&' 0&' 1&'2&b@"@3 4&' 5&' 6&' 7&'8"`@$4@9 !$T"l@"@"pl@"Ę@"@?@&`@"&@&&&0@.`C@&& &' &' &' &'r&`z@"@"@"@&&&@"@@"@"@&&&@"Џ@&g@"ȑ@&S@&u@# $&' %&' &&' '&'*(&&"@"@"@"@- .&' /&' 0&' 1&'2&&3 4&' 5&' 6&' 7&'8&@$@9 (%T)@)`@*@)@*@@)h@*p@)@)D@)@/`@)$@)`h@ )' )' )' )'r)Y@)@s@)p@*@)@)=@)^@)_@)t@)@)y@* @) o@) f@)Q@*@)C@)"@# $)' %)' &)' ')'*()@)g@)@\@*@)[@*L@- .)' /)' 0)' 1)'2)@)@3 4)' 5)' 6)' 7)'8)^@+p@9 2 3 4 5 >6 >7 & 088<jnnnnn*******(  ~  <|XPP?` ]4@|+s fEjp߭ ] q<rTotal income (less loss) (also known as total income) is the aggregate sum of all income from an estate or trust.<q  B| XPP?` D]4@|.s tTvD9tЮ B<CTotal deductions are the aggregate sum of all reported deductions.<@B~~  <`|XPP?,`- ]4@`|2s 9lrjJ8 "q b<cTaxable income is the amount that remains after total deductions are subtracted from gross income.<b~~  <|XPP?.`/ ]4@|4s  8[BLAdAVB ]<^Total tax liability is the amount of tax that an estate or trust is legally obligated to pay.<]&  BH| XPP?0`1]4@H|7s - wPN#8S)va <Estimated payments are estimated tax payment made with Form 1041-ES, Estimated Income Tax for Estates and Trusts. Applied payments are overpayment made on previous Forms 1041 that is applied to this year s tax.<-  B,| XPP?2`3 D]4@,|x:s ~! 6?Jִ&v@ <Estimated tax payments allocated to beneficiaries are any portion of the estimated tax treated as a payment of estimated tax made by beneficiaries.<  B| XPP?4`5 ]4@|H=s !a}Cg%m <Tax paid with extension is the amount of tax paid at the time of filing Form 7004, Application for Automatic Extension of Time to ob.<uL"  Bt| XPP?6`7 w]4@t|@s l=yEa.tQ <Federal income tax withheld is a credit that can be claimed for federal income tax withheld on income received by an estate or trust.<{   B| XPP?8`9 ]4 @|Bs  Mf>Bv Cd <Other payments are equal to the sum of the credit for tax paid on undistributed capital gains and the credit for federal tax on fuels.<r   B| XPP?:`<3]4 @|Es +b`:L*HL <Total prior payments are the amount of any prior payments made with Form 1041-ES, Estimated Income Tax for Estates and Trusts, plus the amount of any overpayment from the previous year.<   B| XPP?` ]4 @|Hs o{J44 }<Interest income is equal to the estate or trust s share of all taxable interest income that was received during the tax year.<J}!   B| XPP?`  ]4 @|T]s #)VNmQG  <+Ordinary dividends are a result of the trust or estates investment in a corporation and are paid out of the earnings and profits of the corporation.<   B| XPP? `  ]4 @|^s t3E* <Business income (less loss) is the sum of all income and expenses which are the result of a business operated by the trust or estate.<~~  <<|XPP? `  3]4@<|s 9Gͤ( q<rCapital gain (less loss) is the gain or loss that results from the sale of capital assets by the trust or estate.<q    B| XPP?` "]4@|`s O=/z <Rents, royalties, partnerships, other estates and trusts, etc. is the trust s or estate s share of income or losses from rents, royalties, partnerships, S corporations, other estates and trusts and REMICs.< ~~  <|XPP?` 3]4@|,bs cOTZ҃ h<Farm income (less loss) is any income and expenses related to the estate or trust s operation of a farm.<h   B$| XPP?` ]4@$|cs pTN=sR@ <Ordinary gain is equal to the ordinary gain or loss from the sale of property other than capital assets and also from involuntary conversions.<  B | XPP?`]4@ |ds yӼͩ*IXj) N<OOther income (less loss) is equal to income not listed elsewhere on Form 1041.<|N  BD'| XPP?` ]4@D'|dfs kw@6)Ô <Interest paid is the amount of interest (subject to limitations) paid by the estate or trust on amounts borrowed by the estate or trust.<u  B| XPP?` ]4@|gs a N@ <Fiduciary fees are the deductible fees paid or incurred to the fiduciary for administering the estate or trust during the tax year.<^~~  <|XPP?` 3]4@|4is sCC}ʅf n<oCharitable distributions deductions are any part of the estate or trust that is paid for a charitable purpose.<n  B| XPP? `! ]4@|js i~D45S <Fees paid to attorneys, accountants and return preparers in exchange for their services performed on behalf of the trust are a deductible expense.<~~  <|XPP?"`# 3]4@|ls PXН~/@)[ Q<ROther deductions are equal to deductible items not listed elsewhere on Form 1041.<Q  B<| XPP?$`% U]4@<|lms %pro=NE^D| <Allowable miscellaneous deductions are expenses for the production or collection of income, including investment advisory fees and subscriptions to investment advisory publications.<r  B| XPP?&`' ]4@|ns LH0g@V <An income distribution deduction is allowed for distributions to beneficiaries. The beneficiary pays income tax on his or her distributive share of income.<  B| XPP?(`) ]4@|h s R1+x>E'  <The estate tax deduction is equal to the value of tax paid for estate or trust income that was previously included in a decedent s income.<&%~~  <|XPP?*`+ 3]4@|ps 'G`F +r q<rFiduciaries of trusts and estate may be entitled to a standard exemption whereby a portion of taxes are forgiven.< qLisa SchreiberdLisa Schreiberd*Lisa Schreiberd,Lisa Schreiberd.Lisa Schreiberd0Lisa Schreiberd2Lisa Schreiberd4Lisa Schreiberd6 Lisa Schreiberd8 Lisa Schreiberd Lisa Schreiberd Lisa Schreiberd Lisa Schreiberd Lisa Schreiberd Lisa SchreiberdLisa SchreiberdLisa SchreiberdLisa SchreiberdLisa SchreiberdLisa SchreiberdLisa SchreiberdLisa Schreiberd Lisa Schreiberd"Lisa Schreiberd$Lisa Schreiberd&Lisa Schreiberd(Lisa Schreiberd>@A  "#$%&'()6789   ./012345)*+,- !7TyK =Additional data information, including expanded definitions.yK http://www.irs.gov/taxstats/indtaxstats/article/0,,id=214819,00.htmlyX;H,]ą'c Oh+'0HPdp  SAS OutputLisa Schreiber@@zvL@ޤ՜.+,D՜.+,\ PXd lt| ' 2001FY_Table2_Web_New%'2001FY_Table2_Web_New'!Print_Titles  Worksheets Named Ranges  8@ _PID_HLINKSAXEhttp://www.irs.gov/taxstats/indtaxstats/article/0,,id=214819,00.html  !"#$%&'()*+,-./012346789:;<>?@ABCDRoot Entry FWorkbookiSummaryInformation(5DocumentSummaryInformation8=