Form 1041-T (2019)
Page 2
General Instructions
Section references are to the Internal Revenue Code.
Future Developments
For the latest information about developments related to Form 1041-T
and its instructions, such as legislation enacted after they were
published, go to www.irs.gov/Form1041T.
Purpose of Form
A trust or, for its final tax year, a decedent’s estate may elect under
section 643(g) to have any part of its estimated tax payments (but not
income tax withheld) treated as made by a beneficiary or beneficiaries.
The fiduciary files Form 1041-T to make the election. Once made, the
election is irrevocable.
How To File
Attach Form 1041-T to Form 1041, U.S. Income Tax Return for Estates
and Trusts, only if you are making the election with Form 1041.
Otherwise, file Form 1041-T separately.
▲
!
CAUTION
Filing Form 1041-T with Form 1041 doesn’t change the due
date for filing Form 1041-T. See When To File below for the
due date for filing Form 1041-T.
When To File
For the election to be valid, a trust or decedent’s estate must file Form
1041-T by the 65th day after the close of the tax year as shown at the
top of the form. If the due date falls on a Saturday, Sunday, or legal
holiday, file on the next business day. For a 2019 calendar year
decedent’s estate or trust, that date is March 5, 2020.
Period Covered
File the 2019 form for calendar year 2019 and fiscal years beginning in
2019 and ending in 2020. If the form is for a fiscal year or a short tax
year, fill in the tax year space at the top of the form.
Where To File
If you are located in
▼
Please mail to the
▼
Connecticut, Delaware,
District of Columbia, Georgia,
Illinois, Indiana, Kentucky, Maine,
Maryland, Massachusetts,
Michigan, New Hampshire,
New Jersey, New York,
North Carolina, Ohio, Pennsylvania,
Rhode Island, South Carolina,
Tennessee, Vermont, Virginia,
West Virginia, Wisconsin
Department of the Treasury
Internal Revenue Service
Kansas City, MO 64999
Alabama, Alaska, Arizona, Arkansas,
California, Colorado, Florida, Hawaii,
Idaho, Iowa, Kansas, Louisiana,
Minnesota, Mississippi, Missouri,
Montana, Nebraska, Nevada, New
Mexico, North Dakota, Oklahoma,
Oregon, South Dakota, Texas, Utah,
Washington, Wyoming
A foreign country or a U.S.
possession
Department of the Treasury
Internal Revenue Service
Ogden, UT 84201
Specific Instructions
Address
Include the suite, room, or other unit number after the street address. If
the post office doesn’t deliver mail to the street address and the
fiduciary has a P.O. box, show the box number instead of the street
address.
Line 1
Enter the amount of estimated tax payments made by the trust or
decedent’s estate that the fiduciary elects to treat as a payment made
by the beneficiaries. This amount is treated as if paid or credited to the
beneficiaries on the last day of the tax year of the trust or decedent’s
estate. Be sure to include it on Form 1041, Schedule B, line 10.
▲
!
CAUTION
You can’t allocate to a beneficiary tax withheld from income,
such as withholding from lottery or other gambling winnings,
or from salary or pension payments reported on Form 1041.
You must report this withholding on Form 1041, Schedule G,
Part II, line 14.
Line 2
Column (b)—Beneficiary’s name and address. Group the
beneficiaries to whom you are allocating estimated tax payments into
two categories. First, list all the individual beneficiaries. Then, list all the
other beneficiaries.
Column (c)—Beneficiary’s identifying number. For each beneficiary,
enter the appropriate taxpayer identification number (TIN). This is
generally the social security number (SSN) for individuals or employer
identification number (EIN) for all other entities. Failure to enter a valid
SSN or EIN may cause a delay in processing and could result in
penalties being imposed on the beneficiary. For those beneficiaries who
file a joint return, you can assist the IRS in crediting the proper account
by also providing the SSN, if known, of the beneficiary’s spouse.
However, this is an optional entry.
Column (d)—Amount of estimated tax payment allocated to
beneficiary. For each beneficiary, also report this amount in box 13 of
Schedule K-1 (Form 1041), using code A.
Column (e)—Proration percentage. For each listed beneficiary, divide
the amount shown in column (d) by the amount shown on line 1 and
enter the result as a percentage.
Line 3
If you are allocating a payment of estimated taxes to more than 10
beneficiaries, list the additional beneficiaries on an attached sheet that
follows the format of line 2. Enter on line 3 the total from the attached
sheet(s).
Paperwork Reduction Act Notice. We ask for the information on this
form to carry out the Internal Revenue laws of the United States. You
are required to give us the information. We need it to ensure that you are
complying with these laws and to allow us to figure the correct amount
of allocated tax payments.
You aren’t required to provide the information requested on a form
that is subject to the Paperwork Reduction Act unless the form displays
a valid OMB control number. Books or records relating to a form or its
instructions must be retained as long as their contents may become
material in the administration of any Internal Revenue law. Generally, tax
returns and return information are confidential, as required by section
6103.
The time needed to complete and file this form will vary depending on
individual circumstances. The estimated average time is:
Recordkeeping . . . . . . . . . . . . . . 19 min.
Learning about the
law or the form . . . . . . . . . . . . . . 4 min.
Preparing the form . . . . . . . . . . . . . 18 min.
Copying, assembling, and
sending the form to the IRS . . . . . . . . . . 16 min.
If you have comments concerning the accuracy of these time
estimates or suggestions for making Form 1041-T simpler, we would be
happy to hear from you. You can send us comments from www.irs.gov/
FormComments. Or you can send your comments to Internal Revenue
Service, Tax Forms and Publications Division, 1111 Constitution Ave.
NW, IR-6526, Washington, DC 20224. Don’t send the form to this
address. Instead, see Where To File on this page.
