It 141 2013 form-2025

See details

4 out of 5

58 votes

The document is the West Virginia Fiduciary Income Tax Return (Form IT-141) for estates and trusts, detailing filing requirements, tax calculations, and modifications for both resident and non-resident entities. It includes sections for beneficiary information, income allocation, tax credits, and instructions for completing the return. The form outlines the necessary steps for reporting taxable income, claiming deductions, and making payments or extensions related to fiduciary taxes in West Virginia.

Here's how it works

01. Edit your form online

Type text, add images, blackout confidential details, add comments, highlights and more.

02. Sign it in a few clicks

Draw your signature, type it, upload its image, or use your mobile device as a signature pad.

03. Share your form with others

Send it via email, link, or fax. You can also download it, export it or print it out.

How to use or fill out it 141 2013 form with our platform

Ease of Setup

DocHub User Ratings on G2

Ease of Use

DocHub User Ratings on G2

Click ‘Get Form’ to open the IT-141 2013 form in the editor.
Begin by entering the Estate or Trust Name and FEIN at the top of the form. Ensure accuracy as this information is crucial for identification.
Fill in the address details, including City, State, and Zip Code. This section helps establish jurisdiction for tax purposes.
Indicate the type of entity by checking the appropriate box (e.g., Decedent’s Estate, Simple Trust). This classification affects tax calculations.
Complete the filing period and check if applicable boxes such as 'Amended' or 'Final'. This informs the tax department about your filing status.
Proceed to enter income details on lines related to West Virginia taxable income and deductions. Use our platform's calculation features for accuracy.
Review all entries for completeness before submitting. Utilize our platform's review tools to ensure no fields are left blank.

Start filling out your IT-141 form today using our platform for a seamless experience!

See more it 141 2013 form versions

We've got more versions of the it 141 2013 form form. Select the right it 141 2013 form version from the list and start editing it straight away!

Versions	Form popularity	Fillable & printable
2022	4.8 Satisfied (37 Votes)
2021	4.8 Satisfied (67 Votes)
2020	4.4 Satisfied (224 Votes)
2019	4.1 Satisfied (39 Votes)
2018	4.3 Satisfied (90 Votes)
2017	4.3 Satisfied (100 Votes)
2016	4.4 Satisfied (542 Votes)
2015	4.3 Satisfied (50 Votes)
2014	4 Satisfied (29 Votes)
2013	4 Satisfied (58 Votes)
2012	4.3 Satisfied (73 Votes)
2009	4.3 Satisfied (183 Votes)
2008	4 Satisfied (57 Votes)

be ready to get more

Complete this form in 5 minutes or less

Get form

Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

How do I know if I need to file a 1041?

More In File If the estate generates more than $600 in annual gross income, you are required to file Form 1041, U.S. Income Tax Return for Estates and Trusts. An estate may also need to pay quarterly estimated taxes. See Form 1041 instructions for information on when to file quarterly estimated taxes.

What is the filing threshold for Form 1041?

The fiduciary (or one of the joint fiduciaries) must file Form 1041 for a domestic estate that has: Gross income for the tax year of $600 or more, or. A beneficiary who is a nonresident alien.

Does everyone need to file an estate tax return?

An estate tax return (Form 706) must be filed if the gross estate of the decedent (who is a U.S. citizen or resident), increased by the decedents adjusted taxable gifts and specific gift tax exemption, is valued at more than the filing threshold for the year of the decedents death, as shown in the table below.

Who needs to file a West Virginia tax return?

If you are domiciled in West Virginia and spent more than 30 days in the state, you must file a resident return and report all of your income to West Virginia.

Who needs to file form 1041?

If the estate generates more than $600 in annual gross income, you are required to file Form 1041, U.S. Income Tax Return for Estates and Trusts. An estate may also need to pay quarterly estimated taxes. See Form 1041 instructions for information on when to file quarterly estimated taxes.

Do beneficiaries pay taxes on estate distributions?

In general, beneficiaries do not pay income tax on inherited cash or property, but they may owe taxes on certain types of distributions, such as traditional IRAs or retirement accounts. Estate taxes, if due, are typically paid by the estate before distributions are made.

Who files a 1041 form?

The fiduciary of a domestic decedents estate, trust, or bankruptcy estate files Form 1041 to report: The income, deductions, gains, losses, etc. of the estate or trust.

How do you report estate distributions to beneficiaries?

Reporting Distributions on Form 1041 Firstly, the total amount of distributions made during the tax year must be stated on Line 4a of the form. Additionally, any distributions that are considered taxable income to the beneficiaries must be reported on Line 4b.

It 141 2013 form-2025

Here's how it works