Tax Form 1041a Fill in and Calculate Online

Form 1041a: U.S. Information Return Trust Accumulation of Charitable Amounts

Use Tax Form 1041a: U.S. Information Return Trust Accumulation of Charitable Amounts as a stand alone tax form calculator to quickly calculate specific amounts for your 2024 tax return. Alternatively you can use one of our Combined Federal and State Tax Estimator to quickly calculate your salary, tax and take home pay.

U.S. Information Return Trust Accumulation of Charitable Amounts
Part I Income and Deductions (See the instructions for Form 1041 or Form 5227.) If total income is $25000 or less, skip lines 1–8 and enter total income on line 9.
Income	1	Interest income				1
	2	Dividends				2
	3	Business income or (loss) (attach Schedule C or C-EZ (Form 1040))				3
	4	Capital gain or (loss) (attach Schedule D (Form 1041))				4
	5	Rents, royalties, partnerships, other estates and trusts, etc. (attach Schedule E (Form 1040))				5
	6	Farm income or (loss) (attach Schedule F (Form 1040))				6
	7	Ordinary gain or (loss) (attach Form 4797)				7
	8	Other income (state type of income)				8
	9	Total income (combine lines 1 through 8)				9
Deductions	10	Interest				10
	11	Taxes				11
	12	Charitable deduction (itemize by charitable purpose; include payee’s name and address)				12
	13	Trustee fees				13
	14	Attorney, accountant, and return preparer fees				14
	15	Other deductions (attach schedule)				15
Part II Distributions of Income Set Aside for Charitable Purposes (see instructions)
16	Accumulated income set aside in prior tax years for which a deduction was claimed under section 642(c)					16
17	Income set aside in prior tax years for which a deduction was claimed under section 642(c) and which was distributed during the current tax year (itemize by charitable purpose; include payee’s name and address):
a				17a
b				17b
c				17c
d				17d
e				17e
18	Total (add lines 17a through 17e)					18
19	Balance (subtract line 18 from line 16)					19
20	Income set aside during the current tax year for which a deduction was claimed under section 642(c) (included in Part I, line 12)					20
21	Carryover (add lines 19 and 20)					21
Part III Distributions of Principal for Charitable Purposes (see instructions)
22	Principal distributed in prior tax years for charitable purposes					22
23	Principal distributed during the current tax year for charitable purposes (itemize by charitable purpose; include payee’s name and address):
a				23a
b				23b
c				23c
d				23d
e				23e
24	Total (add lines 23a through 23e)					24
Part IV Balance Sheets (see instructions). If line 9, page 1, is $25000 or less, complete only lines 38, 42, and 45 (see instructions).
Assets					(a) Beginning-of- Year Book Value	(b) End-of-Year Book Value
25	Cash—non-interest bearing			25
26	Savings and temporary cash investments			26
27a	Accounts receivable		27a
b	Less: allowance for doubtful accounts		27b
28a	Notes and loans receivable		28a
b	Less: allowance for doubtful accounts		28b
29	Inventories for sale or use			29
30	Prepaid expenses and deferred charges			30
31	Investments—U.S. and state government obligations (attach schedule)			31
32	Investments—corporate stock (attach schedule)			32
33	Investments—corporate bonds (attach schedule)			33
34a	Investments—land, buildings, and equipment: basis		34a
b	Less: accumulated depreciation		34b
35	Investments—other (attach schedule)			35
36a	Land, buildings, and equipment: basis		36a
b	Less: accumulated depreciation		36b
37	Other assets (describe )			37
38	Total assets (add lines 25 through 37)			38
	Liabilities
39	Accounts payable and accrued expenses			39
40	Mortgages and other notes payable (attach schedule)			40
41	Other liabilities (describe )			41
	Net Assets
42	Total liabilities (add lines 39 through 41)			42
43	Trust principal or corpus			43
44	Undistributed income and profits			44
45	Total net assets (add lines 43 and 44)			45
46	Total liabilities and net assets (add lines 42 and 45)			46

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