• Includes Form 513 2015 Oklahoma Resident Fiduciary Income Tax Forms and Instructions This packet contains: • Instructions for completing the Form 513 • 513 fiduciary income tax form • 2015 fiduciary income tax table Filing date: • Generally, your return must be postmarked by April 15, 2016 for calendar year returns. • For estates electing a fiscal year rather than calendar year, your return must be postmarked by the 15th day of the fourth month following the close of the taxable year. Need assistance or a tax form? • Check out page 15 for methods of contacting us. This packet is to be used for a tax year with a beginning date in 2015.
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2015 Oklahoma Resident Fiduciary Income Tax Forms · PDF file• Includes Form 513 2015 Oklahoma Resident Fiduciary Income Tax Forms and Instructions This packet contains: • Instructions
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• Includes Form 513
2015 Oklahoma Resident FiduciaryIncome Tax Forms and Instructions
This packet contains: • Instructions for completing the Form 513 •513fiduciaryincometaxform •2015fiduciaryincometaxtable Filing date: •Generally,yourreturnmustbepostmarkedby
Need assistance or a tax form? •Checkoutpage15formethodsofcontactingus.
This packet is to be used for a tax year with a beginning date in 2015.
What’s New in the 2015 Oklahoma Tax Packet?
General Filing InformationOnly resident trusts and estates shall use Form 513. Non-resident trusts and estates shall use Form 513NR.
Requirements for Filing...EveryresidentestateortrustshallmakeareturnforeachtaxableyearstatingthetaxableincomeandtheadjustmentsprovidedinthisacttoarriveatOklahomataxableincome.EverynonresidentestateortrusthavingOklahomataxableincomeasprovidedin68OklahomaStatutes(OS)Sec.2362(RentsandRoyalties,Business,PartnershipandSub-ChapterSCorporationIncomeandSalesofOklahomaRealProperty)shallmakeareturnforeachtaxableyearstatingthetaxableincomeandtheadjustmentsprovidedinthisacttoarriveatOklahomataxableincome.SeeForm513NRandinstructions.
Due Date...WhenthelastdateforfilinganydocumentorperforminganyactrequiredbytheOklahomaTaxCommission(OTC)fallsonadaywhentheofficesarenotopenforbusiness,thefilingofthedocumentorperformanceoftheactshallbeconsideredtimelyifitisperformedbytheendofthenextbusinessday.
About the Tax...Thetaxmustbepaidinfullatthetimeoffilingthereturn.Incaseanextensionforfilingthereturnisrequested,anesti-mateofthetaxduemustbefiledandtheestimatedtaxpaidinfullbeforeanextensioncanbegranted.TheFiduciaryshallberesponsibleformakingthereturn,andthereturnshallbesignedbythefiduciary,orbyonefiduciaryifthereismorethanone.
“Resident Estate”meanstheestateofadecedentwhoatdeathwasdomiciledinthisstate.“Nonresident Estate” is anestateotherthanaresidentestate,andshalluseForm513NR.
Important...If you do not have a Federal Employer Identification Number, you may obtain one online at www.irs.gov or by calling (800) 829-4933. If you would prefer to file a paper application, contact the IRS and request Form SS-4.
2015 Oklahoma Fiduciary Income Tax
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Note: Failure to complete Part 2 of your return may delay the processing of your return.
Amended Returns...UsetheFiduciaryForm513andmarktheAmendedReturnbox.Enteronline31anyamountpaidwiththeoriginalreturnplusanyamountpaidafteritwasfiled.Enteronline32anyrefundpreviouslyreceivedoroverpaymentapplied.Enclose acopyofthefederalamendedreturnandproofofInternalRevenueServicerefundorpayment,ifavailablepriortoexpirationofthestatuteoflimitations. Any refunds cannot be applied to next year’s estimated tax. Line 35 cannot be amended or changed once the original return has been processed.
Net Operating Loss...Fortaxyears2001–2007andtaxyears2009andsubse-quent,theyearstowhichanNOLmaybecarriedshallbedeterminedsolelybyreferencetoSection172oftheInternalRevenueCode(IRC).Fortaxyear2008,yearstowhichanNOLmaybecarriedbackshallbelimitedtotwoyears.Thenetoperatinglosswhichisnotactuallyutilizedshallnotre-ducethecarryover.68OSSec.2358(A)(3).Anelectionmaybemadetoforegothecarrybackperiod.AwrittenstatementoftheelectionmustbepartoftheoriginaltimelyfiledOklahomalossyearreturn.However,ifyoufiledyourreturnontimewithoutmakingtheelection,youmaystillmaketheelectiononanamendedreturnfiledwithin6monthsoftheduedateoftheoriginalreturn(excludingextensions).Attachtheelectiontotheamendedreturn.Oncemade,theelectionisirrevocable.Oklahomanetoperatinglossesshallbeseparatelydeter-minedbyreferencetoIRCSection172asmodifiedbytheOklahomaTaxAct.
Withholding on Nonresident Members...Pass-throughentities(partnerships,s-corporations,limitedli-abilitycompaniesortrusts)arerequiredtowithholdOklahomaincometaxatarateof5%oftheOklahomashareofincomedistributedtoeachnonresidentmember(partner,member,shareholderorbeneficiary).Apass-throughentityisnotre-quiredtowithholdincometaxwithregardtoanynonresidentmemberwhosubmitsa“NonresidentMemberWithholdingExemptionAffidavit”(FormOW-15).68OSSec.2385.29,2385.30and2385.31.Withholdingisnotrequiredondistributionsmadetopersons,otherthanindividuals,whoareexemptfromfederalincometax,organizationsgrantedanexemptionunderIRCSection501(c)(3),insurancecompaniessubjecttotheOklahomaGrossPremiumsTaxandthereforeexemptfromOklahomaincometaxunder68OSSec.2359(c),andnonresidentmem-berswhohavefiledtheFormOW-15“NonresidentMemberWithholdingExemptionAffidavit”.Withholdingisnotrequiredonanydistributionofroyaltyincomeonwhichthenonresidentroyaltyinterestincometaxhasalreadybeenwithheld,onanydistributionmadetoanotherpass-throughentity,oronanydistributionofincomenotsubjecttoOklahomaincometax.Thefollowingpass-throughentitiesarenotrequiredtowithhold: ·Anentityelectingtobetreatedasadisregardedentity
Real Estate Investment Trusts…Arealestateinvestmenttrustthatdoesnotbecomeregularlytradedonanestablishedsecuritiesmarketwithinoneyearofthedateonwhichitfirstbecomesarealestateinvestmenttrustshallbedeemednottohavebeenregularlytradedonanestablishedsecuritiesmarket,retroactivetothedateitfirstbecamearealestateinvestmenttrust.Anamendedreturnshallbefiledreflectingsuchretroactivedesignationforanytaxyearorpartyearoccurringduringitsinitialyearofstatusasarealestateinvestmenttrust.Forpurposesofthispara-graph,arealestateinvestmenttrustbecomesarealestateinvestmenttrustonthefirstdayithasmettherequirementsofIRCSection856andhaselectedtobetreatedasarealestateinvestmenttrustpursuanttoIRCSection856(c)(1).68OSSec.2358.
Simple Trust...Asimpletrustrequiresallincometobedistributedcurrently,exceptamountsallocatedtothecorpusofthetrust(capitalgain).TheOklahomataxableincomeforsimpletrustswouldbeanycapitalgain/lossminustheproratashareofthefederalexemption,asallotherincomeanddeductionsarepassedontothebeneficiaries.Enclose a complete copy of Federal Return Form 1041.
(continued on page 5)
Line by Line Instructions
Important Notice...Enclose schedules for differences in Column A and Column B.
Pages One and Two, Part OneLines 1-22 Column AListexactfiguresasreportedonyourFederalForm1041.Lines 1-22 Column BListincomeanddeductionsapplicabletoOklahomaasex-plainedinthefollowinginstructions:
Instructions for Column BTotal applicable to Oklahoma
Line 1 - Interest: Allinterestnotincludedonlines2and3.Line 2 - Interest on U.S. Government Obligations: Ifyoureportinterestonbonds,notesandotherobligationsoftheU.S.onyourfederalreturn,itmaybeexcludedfromyourOklahomaAdjustedGrossIncomeifadetailedscheduleisfurnishedaccompaniedwith1099sshowingtheamountofinterestincomeandthenameoftheobligationfromwhichtheinterestisearned.IftheinterestisfromamutualfundwhichinvestsinU.S.governmentobligations,enclosedocumenta-tionfromthemutualfundtosubstantiatethepercentageofincomederivedfromobligationsexemptfromOklahomatax.Interestreceivedinrepurchaseagreementsdoesnotqualify.InterestfromentitiessuchasFNMA&GNMAdoesnotqualify.
Don’t forget to sign and make a copy of your return before mailing!
Did you know that beginning with Tax Year 2015, Forms 513 and 513NR can now be
electronically filed? E-filing is the fastest and easiest way to file your taxes.
e file
Remember, e-filing is simple, safe, speedy and secure.
Visit www.tax.ok.gov to see which software companies are approved for use.
Instructions for Column B (continued)...Line 3 - State and Municipal Interest: Ifyoureceivedincomeonbondsissuedbyanystateorpoliticalsubdivisionthereof,exemptfromfederaltaxationbutnotexemptfromtaxationbythelawsoftheStateofOklahoma,addthetotalofsuchincometoarriveatOklahomaincome. 1) Incomefromallbonds,notesorotherobligations
Encloseascheduleofallmunicipalinterestreceivedbysourceandamount.Iftheinterestisfromamutualfundwhichinvestsinstateandlocalgovernmentobligations,enclosedocumentationfromthemutualfundtosubstantiatethepercentageofincomederivedfromobligationsexemptfromOklahomatax.Note:Iftheinterestisexempt,thecapitalgain/lossfromthesaleofthebondmayalsobeexempt.Thegain/lossfromsaleofastateormunicipalbond,otherthanthoseprovidedforin1,isexemptonlyifsoprovidedbythestatuteauthorizingitsissuance.Line 4 - Dividends: Enteramountforresidenttrustsandestates.Followinstruc-tionsforline2ifdividendsincludeinterestfromU.S.Govern-mentobligations.Line 5 - Business Income or (loss): IncludeamountsfromatradeorbusinessconductedinOkla-homa.IfincomeisfromOklahomaoilandgas,anyadditionalOklahomadepletionwillbeshownonLine17,ColumnB.(Encloseschedule)
Line 6 - Capital Gain or (loss): ResidenttrustsandestatesshouldincludeallgainsorlossesexceptthosefromrealpropertylocatedoutsideofOklahoma.
Line 7 - Rents, Royalties, Partnerships, other estates and trusts, etc.: AmountsincludedshouldbenetamountsfromrealandtangiblepersonalpropertylocatedinOklahoma.Thead-ditionalOklahomadepletionmaybetakenonline17-otherdeductions.IncludeOklahomapartnershipincomeandestateandtrustincomeapplicabletoOklahoma.PassivelossesareallowedinOklahomaduringthesametaxyearutilizedonthefederalreturn.
Line 8 - Farm Income or (loss): IncludeincomefromfarmingcarriedoninOklahoma.
Line 9 - Ordinary Gain or (loss): ResidenttrustsandestatesshouldincludeallgainsorlossesexceptthosefromrealpropertylocatedoutsideofOklahoma.
Line 10 - Other Income: IncludeallotherincomeunlessspecificallyexemptbyOkla-homaStatutes.
Line 12 - Interest:InterestpaidtotheInternalRevenueServiceonestatetaxliabilities(fromFederalForm706)isnotdeductibleagainstincomeonOklahomafiduciarytaxreturnsunlessclaimedonfederalfiduciarytaxreturn.Generally,theallowablefederalinterestdeductionwillbeproratedbasedonOklahomatofederalincome(limitedto100%).
Line 13 - Taxes: Fiduciariesarenotallowedadeductionforanyfederalincometaxpaid.Thetaxdeductionclaimedonthefederalreturnwillbeappliedonadirectallocationbasisonly.ThetaxespaidtoOklahoma(income,property,etc.)willbeshowninColumnB.
Line by Line Instructions
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Line 14 - Fiduciary Fees: Entertheproratashare(limitedto100%).Also,seeline16.Line 15 - Charitable Deduction: Thisdeductionshouldbeprorated(limitedto100%)asindicatedaboveunlessthedeductionisspecifiedinthewillortrustinstrumentasincomefromasetsourceofrealandtangibleproperty.Thedeductionshouldthenbeallocateddirectlytothestateinwhichthatpropertywaslocated.Line 16 - Attorney, accountant, and return preparer fees: EstatesarenolongerrequiredtofurnishastatementofwaiverthatfeesweredeductedonForm454asthatformisnolongerrequiredtobefiled.Iffeesweredeductedonthefederalestatetax,youmustalsodeductthesefeesontheOklahomaestatetaxform.Line 17 - Other Deductions: Entertheproratashareofotherfederaldeductionsnotsubjecttothe2%floor(federallaw)andotherallowablemis-cellaneousitemizeddeductions.Encloseschedule.IncludetheadditionalOklahomadepletionallowabletothecorpus.(Beneficiaries’shareofallowableadditionalOklahomadeple-tionshouldbeenteredonPart2,Line8.)EnclosedepletionscheduleforOklahoma.Oklahoma Capital Gain Deduction -Taxpayerscandeductqualifyinggainsreceivingcapitaltreatmentwhichareincludedinfederaltaxableincome.“Qualifyinggainsreceivingcapitaltreatment”meanstheamountofthenetcapitalgains,asdefinedundertheIRCSection1222(11).Thequalifyinggainmust: 1) beearnedonrealortangiblepersonalpropertylocated
Form561-FisusedtodeterminetheOklahomaCapitalGainDeduction.EncloseForm561-FandacopyoftheFederalScheduleDandForm8949.Other Years Net Operating Loss - EncloseadetailedscheduleshowingoriginandNOLcompu-tation.AlsoencloseacopyofanyFederalNOLcomputation.Discharge of indebtedness under IRC Section 108(i)(1) –IncomefromdischargeofindebtednessdeferredunderIRCSection108(i)(1),whichwasaddedbacktocomputeOklahomataxableincomeintaxyear2010,maybepartiallydeducted.Deductanamountequaltotheportionofsuchdeferredincomeincludedinyourfederaltaxableincomefortaxyear2015.
(continued on page 7)
Line 18 - Income Distribution Deduction:EnterthenetamountofOklahomaincomedistributed.
Line 19 - Estate Tax Deduction: ThefederalestatetaxdeductionshallbeproratedbasedonOkla-homatofederalincomeasdescribedabove(limitedto100%).
Line 20 - Exemption: ThefederalexemptionshallbeproratedbytheratiotheOkla-homaincomebearstotheFederal.WhenthetrustorestatehasinterestonU.S.Governmentobligations,theOklahomaprorationwillbecalculatedasfollows:Oklahomatotalincomedividedby(federaltotalincomeminusinterestfromU.S.Gov-ernmentobligations).OnlytheOklahomaproratashareshallbeincludedinColumnB.
Line 21 - Total Deductions:Totaloflines12through20-ThisisthetotalofallOklahomaexpensesanddeductionsallowedtothetrustorestate.
Line 22 - Taxable Income:Taxableincomeoffiduciary-Subtractline21fromline11.
Line 24 - Tax: Usingline23,ColumnB,findyourtaxintheFiduciaryTaxTablefoundonpages8-14.
Line 25 - Credits:OtherCreditsForm:PleasereviewForm511CRforavailablecredits.Enterintheboxthenumberthatcorrespondswiththecredittowhichyouareentitled.Ifyouqualifyformorethanonetypeofcredit,en-ter“99”inthebox.EncloseForm511CRandanysupportingdocumentationrequired.TheForm511CRcanbeobtainedfromourwebsiteatwww.tax.ok.gov.
Line 28 - Payments with Extension: Seegeneralinstructionsforinformationastofilingwithextension.
Line by Line Instructions
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Line 29 - Oklahoma Withholding: Toclaimwithholdingatthefiduciarylevel,enterthewithhold-ingonthisline.Totransferpartofthewithholdingtothebeneficiaries,subtracttheamounttransferredandenterthedifferenceonthisline.Entertheamounttransferredtoeachbeneficiary’sOklahomaScheduleK-1,line12.Totransferallofthewithholdingtothebeneficiaries,entereachbeneficiary’sshareofthewithholdingonanOklahomaScheduleK-1,line12.Do not enter any amount on line 29.Line 30 – Refundable Credits:Placean“X”inthebox(es)online30toreportanycreditfromForm577orForm578.IfclaimingtheRefundable Coal Credit,encloseForm577.Creditsearned,butnotused,baseduponactivityoccur-ringduringthetaxyearwillberefundedat85%ofthefaceamountofthecredits.Apass-throughentitythatdoesnotfileaclaimforadirectrefundwillallocatethecredittooneormoreofitsshareholders,partnersormembers.IfclaimingtheRefundable Credit for Electricity Generated by Zero-Emission Facilities,encloseForm578.Creditsearned,butnotused,basedonelectricitygeneratedduringthetaxyearwillberefundedtothetaxpayerat85%ofthefaceamountofthecredits.Apass-throughentitythatdoesnotfileaclaimforadirectrefundwillallocatethecredittooneormoreofitsshareholders,partnersormembers.Line 31 – Amounts Previously Paid:Whenfilinganamendedreturn,enteranyamountpaidwiththeoriginalreturnand/oranyamountpaidafteritwasfiled.Line 32 – Refunds or Overpayment Applied:Whenfilinganamendedreturn,enteranyrefundpreviouslyreceivedand/oranyoverpaymentpreviouslyapplied.Line 35 - Credit on Estimated Tax: Enteramountofrefundyouwishtoapplytonextyear’staxes.This line is not valid on Amended returns. This line can-not be amended or changed once the original return has been processed.Line 38 - Underpayment of Estimated Tax Interest: Ifthetrust’staxliabilityis$500ormore,estimatedtaxpay-mentsarerequired.Toavoidthe20%UnderpaymentofEs-timatedTaxInterest,timelyfiledestimatedtaxpaymentsarerequiredtobeequaltothesmallerof70%ofthecurrentyeartaxliabilityor100%ofyourprioryeartax.Thetaxliabilityisthetaxduelessallcreditsexceptamountspaidonestimatedtaxandextensionpayments.EncloseFormOW-8-P.Placean“X”intheboxiftheunderpaymentofestimatedtaxwascomputedusingtheannualizedincomeinstallmentmethod.Note: NoUnderpaymentofEstimatedTaxInterestshallbeim-posedifthetaxliabilityshownonthereturnislessthan$1,000.Ifanamended returnisfiledbeforetheduedateforfilingtheoriginalreturn,includinganyextension,thetaxshownontheamendedreturnisusedtodeterminetheamountofunderpay-ment.Iftheamendedreturnisfiledaftertheduedate,includingextension,thetaxshownontheamendedreturnwillnotbeusedtocomputetheamountofunderpayment.
Line 39 - Delinquent Penalty & Interest: Interestattherateof1.25%permonthshallbepaidonthetaxduefromtheoriginalduedateuntilpaid.90%ofthetaxliabilitymustbepaidbytheoriginalduedateofthereturntoavoidadelin-quentpenaltychargeof5%forlatepayment.
Page Three, Part TwoComplete an Oklahoma Schedule K-1 for each beneficiary.Beneficiaries’ Share of Income and Deductions:Ifthetrustorestatehasmorethanonebeneficiary,enclosewiththereturnadditionalschedulesthatfollowthesameformatasPart2.YoumayphotocopyPart2fortheadditionalbeneficiariesandencloseitwiththerestofthereturn.ProvideacopyoftheOklahomaScheduleK-1tothebeneficiary.Providethename,address,andsocialsecuritynumberofthebeneficiariesasrequested.The“FederalColumn”shouldin-cludetheexactfiguresasshownontheFederalScheduleK-1.Stateandmunicipalinterestshouldbeshowninthe“Okla-homaColumn”onlyandU.S.interestshouldbeshowninthe“FederalColumn”only.Enteranywithholdingbeingtransferredtoyourbeneficiary.Seeline29instructionsformoreinformation.Title68,OklahomaStatutes,providesthatanytermusedinthisActshallhavethesamemeaningaswhenusedinacomparablecontextintheIRC,exceptwhenspecificallyprovidedforintheOklahomaStatutesorRules.
www.tax.ok.govGive Us a Call!TaxpayerServiceCenter
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Oklahoma Resident Fiduciary Return of IncomeThis form must be filed on or before the 15th day of the fourth month after the close of the taxable year.
Place an ‘X’ in this box if this is an amended 513:
AMENDED RETURN!
Name of estate or trust:
Name and title of fiduciary:
Address of fiduciary: (number and street)
City, State or Province, Country and ZIP or Foreign Postal Code:
Federal Employer Identification Number: Date Entity Created:
Important!
Was a 2014 Fiduciary Income Tax Return filed?
Yes No
Place an ‘X’ in all applicable boxes:
Decedent’s Estate Grantor Type Trust Pooled Income Fund Simple Trust Complex Trust Bankruptcy EstateESBT Charitable Trust Other: (describe) ____________________________________________________________
Number of Beneficiaries:
This form is for residents only. Nonresidents use Form 513NR.
Interest income (except government obligations) ..................................... 1
Interest on obligations of the United States ............................................. 2
State and municipal interest ..................................................................... 3
Total Deductions (add lines 12 through 20) ............................................ 21
Taxable Income of Fiduciary (subtract line 21 from line 11) .................. 22
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For the year January 1 - December 31, 2015, or other taxable yearbeginning:
2015ending:
, ,
Form 5132015
Oklahoma Resident Fiduciary Return of Income
If you have asked for an extension from the IRS, place an ‘X’ here and enclose a copy with this return
If the Tax Commission may discuss this return with your tax preparer, place an ‘X’ here
Signature of Fiduciary Date
Title
Signature of Preparer Date
Preparer’s Address
Phone Number Preparer’s PTIN
Under penalties of perjury, I declare I have examined this return, including accompanying statements, and to the best of my knowledge and belief it is true, correct and complete.If prepared by person other than the taxpayer, this declaration is based on all information of which preparer has any knowledge.
The Oklahoma Tax Commission is not required to give actual notice to taxpayers of changes in any state tax law.Remit to Oklahoma Tax Commission, PO Box 26800, Oklahoma City, Oklahoma 73126-0800
If line 26 is larger than line 33 enter tax due ................................................................ Tax Due 37
Underpayment of estimated tax interest ................................................................... Annualized 38For delinquent payment, add penalty of 5% ...................................$ ____________________ plus interest at 1.25% per month ...........................................................$ ____________________ ..........39
Total tax, penalty and interest (add lines 37, 38 and 39) .......................................Balance Due 40
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FEIN of Fiduciary Phone Number
Yes Nochecking account savings account Deposit my refund in my:
Is this refund going to or through an account that is located outside of the United States?
Routing Number:
Account Number:
Want a Faster Refund?Elect to have your refund directly deposited into your checking or savings account.
For Direct Deposit information, see page 15 of the 513 Packet.
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Make check payable to the Oklahoma Tax Commission
Taxable income of fiduciary (Amount shown on line 22, Column B).....................................................23Tax on amount on line 23 column B (from tax table - see 513 Packet) If an ESBT or Charitable Trust, see the instructions and place an ‘X’ in this box .. ..................24
Credits: Enter number in box for type of credit. Enclose Form 511CR. (See instructions) ...... ..25
Balance of tax due (subtract line 25 from line 24, but not less than zero) ............................................262015 Oklahoma estimated tax payments(i.e. Form(s) OW-8-ESC) .......................................................................27Amount paid with extension request.......................................................28Oklahoma withholding (enclose Form 1099, 500-B or other withholding statement) ...29
Refundable Credits from Form .......a) 577 .......... b) 578 ......... 30Amount paid with original return and amount paid after it was filed (amended return only) ............................................................................31
Any refunds or overpayment applied (amended return only) .................32
Total of lines 27 through 32 ..................................................................................................................33
If line 33 is larger than line 26, enter amount overpaid ................................................................34 Amount of line 34 to be credited to 2016 estimated tax (original return only) ....................................................................35
Amount of line 34 to be refunded to you .............................................................Refunded 36
Column BTotal applicable to Oklahoma
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Name of estate or trust: Federal Employer Identification Number:
Form 513 - page 2
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Part 2: Beneficiary’s Share of Income and Deductions
Form 513 - page 3Oklahoma
Schedule K-1 2015
Interest ...................................................................................................................... 1Dividends .................................................................................................................... 2Short-term capital gain (or loss) ................................................................................. 3Long-term capital gain (or loss) .................................................................................. 4Other taxable income: a. Annuities, royalties and other nonpassive income .......................................5a b. Trade or business, rental real estate and other passive income ..................5bState and municipal interest ....................................................................................... 6U.S. interest ................................................................................................................ 7
Federal Oklahoma
a. Depreciation, depletion, amortization attributable to line 5a ...............................8ab. Depreciation, depletion, amortization attributable to line 5b ...............................8bExpenses allocable to Federally-exempt income ....................................................... 9Expenses allocable to Oklahoma-exempt income.....................................................10
Deductions in the final year of trust or decedent’s estate: a. Excess deductions on termination .............................................................. 11a b. Net operating loss carryover ...................................................................... 11b
Withholding ................................................................................................................12Other: a. __________________________________________________________ 13a b. __________________________________________________________ 13b c. __________________________________________________________ 13c d. __________________________________________________________ 13d e. __________________________________________________________ 13e f. __________________________________________________________ 13 f g. __________________________________________________________ 13g
Name of estate or trust
Beneficiary’s name, address and ZIP
Amended K-1Final K-1Nonresident
Estate’s or trust’s Federal Employer Identification Number
Fiduciary’s name, address and ZIP
12345
67
Income
8
91011
1213
Beneficiary’s FEIN/SSN
Deductions
For calendar year 2015 or fiscal year beginning ________________________________, 2015
and ending ________________________________________________________ , _________.