Tax Preparation Help  
Publication 559 2008 Tax Year

SCHEDULE K-1 (Form 1041) Beneficiary's Share of Income, Deductions, Credits, etcetera 2007. Summary: This is an example of Schedule K-1 (Form 1041) 2006 with items included as described in the text. Additionally, these line items are completed:

A. Estate's or trust's employer identification number” field contains 10-0123456
B. Estate's or trust's name” field contains Estate of John R. Smith
C. Fiduciary's name, address, city, state and ZIP code” field contains Charles R. Smith, Executor 6406 Mayflower Street Juneville, ME 00000
H. Beneficiary's identifying number” field contains 123-00-6789
I. Beneficiary's name, address, city, state, and ZIP code” field contains James Smith 6407 Mayflower Street Juneville, ME 00000
J. Checkbox Domestic beneficiary” checkbox checked
1. Interest income” field contains 300
2a. Ordinary dividends” field contains 100
2b. Qualified dividends” field contains 100
5. Other portfolio and nonbusiness income” field contains 1,600

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