Schedule I (Form 1041) Alternative Minimum Tax 2012, page 1
Summary: This is an example of Schedule I (Form 1041) 2009, page 1. The following line items are
completed.
Name of estate or trust
field contains Estate of John R. SmithEmployer identification number
field contains 10-0123456
Part I: Estate of Trust's Share of Alternative Minimum Taxable
Income
1. Adjusted total income or (loss) (from Form 1041, line 17
field contains 12,6253. Taxes
field contains 2,25025. Adjusted alternative minimum taxable income. Combine lines 1 through
24
field contains 14,87526. Income distribution deduction from Part II, line 44
field contains 2,00028. Add lines 26 and 27
field contains 2,00029. Estate's or trust's share of alternative minimum taxable income. Subtract line 28 from line
25
field contains 12,875
Part III: Income Distribution Deduction on a Minimum Tax Basis
30. Adjusted alternative minimum taxable income (see page 6 of the
instructions)
field contains 14,87535. Capital gains computed on a minimum tax basis included on line
25
field contains negative 20037. Distributable net alternative minimum taxable income (D.N.A.M.T.I.). Combine lines 30 through 36. If zero or less, enter
0
field contains 14,67539. Other amounts paid, credited, or otherwise required to be distributed (from Form 1041, Schedule B, line
10
field contains 2,00040. Total distributions. Add lines 38 and 39
field contains 2,00042. Tentative income distribution deduction on a minimum tax basis. Subtract line 41 from line
40
field contains 2,000
Close Window