California Fiduciary Income Tax Return Form 541

California Fiduciary Income Tax Return — Form 541 (2019)

For calendar year 2019 or fiscal year beginning and ending

Name of estate or trust FEIN

Name and title of all fiduciaries

Additional information PBA code

Street address Apt no./suite no. PMB/private mailbox

City State ZIP code

Foreign country name Foreign province/state/county Foreign postal code

Income

1 Interest income

2 Dividends

3 Business income or (loss)

4 Capital gain or (loss)

5 Rents, royalties, partnerships, other estates and trusts, etc.

6 Farm income or (loss)

7 Ordinary gain or (loss)

8 Other income

9 Total income

Deductions

10 Interest

11 Taxes

12 Fiduciary fees

13 Charitable deduction

14 Attorney, accountant, and tax return preparer fees

15a Other deductions not subject to 2% floor

15b Allowable misc. itemized deductions subject to 2% floor

15c Total

16 Total

17 Adjusted total income (or loss)

18 Income distribution deduction

20a Taxable income of fiduciary

20b ESBT taxable income (S-portion only)

21a Regular tax

21b Other taxes

21c QSF tax

21d Total

22 Exemption credit

23 Credits

24 Total

25 Subtract line 24 from line 21

26 Alternative minimum tax

27 Mental Health Services Tax

28 Total tax

29 California income tax withheld

30 California income tax previously paid

31 Withholding Form 592-B and/or 593

32 2019 CA estimated tax and payments

33 Total payments

34 Use tax

35 Payments balance

36 Use tax balance

37 Tax due

38 Overpaid tax

39 Amount on line 38 to be credited to 2020 estimated tax

40 Amount of overpaid tax available this year

41 Total voluntary contributions

42 Refund or no amount due

43 Amount due

44 Underpayment of estimated tax

FTB 5805 attached

FTB 5805F attached

Schedule A — Charitable Deduction

1a Amounts paid for charitable purposes from gross income

1b Amounts permanently set aside for charitable purposes from gross income

1c Total

2 Tax-exempt income allocable to charitable contributions

3 Subtract line 2 from line 1c

4 Capital gains for the tax year allocated to corpus and paid or permanently set aside for charitable purposes

5 Charitable deduction

Other Information

1a Date trust was created or, if an estate, date of decedent’s death

1b Name of Grantor(s) of Trust

2a If an estate, was decedent a California resident? Yes No

2b Was decedent married at date of death? Yes No

2c If yes, surviving spouse’s/RDP’s SSN or ITIN Name

3a Decedent’s assets at date of death

3b Assets located in California

3c Assets located outside California

4 Date of court order authorizing final distribution

5 Did the estate or trust receive tax-exempt income? Yes No

6 Is this tax return for a short taxable year? Yes No

7 Reportable Transaction or Listed Transaction included? Yes No

8 Beneficial interest in another trust or grantor of another trust? Yes No

9 Deferred income from disposition of assets? Yes No

Schedule B — Income Distribution Deduction

1 Adjusted total income

2 Adjusted tax-exempt interest and nontaxable gain from installment sale of small business stock

3 Net gain shown on Schedule D (541)

4 Enter amount from Schedule A, line 4

5 Enter capital gain included on Schedule A, line 1c

6 If amount on Side 1, line 4 is a gain/loss adjustment

7 Distributable net income

8 Income for the taxable year determined under governing instrument

9 Income required to be distributed currently

10 Other amounts paid/credited/distributed

11 Total distributions

12 Total amount of tax-exempt income included on line 11

13 Tentative income distribution deduction

14 Tentative income distribution deduction

15 Income distribution deduction

Schedule G — California Source Income and Deduction Apportionment

Part I Number of California resident trustees

Nonresident trustees

Total number of trustees

California resident beneficiaries

Nonresident beneficiaries

Total number of beneficiaries

Schedule G — Income Allocation

1 Interest

2 Dividends

3 Business income

4 Capital gain

5 Rents, royalties, etc.

6 Farm income

7 Ordinary gain

8 Other income

9 Total income

Schedule G — Deduction Allocation

10 Interest

11 Taxes

12 Fiduciary fees

13 Charitable deduction

14 Attorney, accountant, and tax return preparer fees

15a Other deduction not subject to 2% floor

15b Allowable misc. itemized deductions subject to 2% floor

16 Total deductions

Schedule G — Voluntary Contributions

Alzheimer’s Disease and Related Dementia Voluntary Tax Contribution Fund

Rare and Endangered Species Preservation Voluntary Tax Contribution Program

California Breast Cancer Research Voluntary Tax Contribution Fund

California Firefighters’ Memorial Fund

Emergency Food for Families Voluntary Tax Contribution Fund

California Peace Officer Memorial Foundation Fund

California Sea Otter Fund

California Cancer Research Voluntary Tax Contribution Fund

School Supplies for Homeless Children Fund

Protect Our Coast and Oceans Voluntary Tax Contribution Fund

Keep Arts in Schools Voluntary Tax Contribution Fund

Prevention of Animal Homelessness and Cruelty Voluntary Tax Contribution Fund

California Senior Citizen Advocacy Voluntary Tax Contribution Fund

Native California Wildlife Rehabilitation Voluntary Tax Contribution Fund

Rape Kit Backlog Voluntary Tax Contribution Fund

Organ and Tissue Donor Registry Voluntary Tax Contribution Fund

National Alliance on Mental Illness California Voluntary Tax Contribution Fund

Schools Not Prisons Voluntary Tax Contribution Fund

Suicide Prevention Voluntary Tax Contribution Fund

61 Total voluntary contributions