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m. Wisconsin GROSS Estate add lines 10a through 10L. 0m 11. Fiduciary fees paid or payable to the personal representative or trustee. M. Wisconsin GROSS Estate add lines 10a through 10L. 0m 11. Fiduciary fees paid or payable to the personal representative or trustee. 1 I-030i R. 9-12 Go to Page 2 2012 Schedule CC Page 2 1. Enclose a copy of the trust instrument with amendments will /codicils and copies of annual court accountings for past three years. I. TRUSTS ONLY Legal name Estate s/ Trust ...

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Where do I send my Wisconsin tax forms?

If you are filing Wisconsin Form 1, send your return to the Wisconsin Department of Revenue at: If refund or no tax due. PO Box 59. Madison, WI 53785-0001. ... If refund or no tax due. PO Box 59. Madison, WI 53785-0001. ... If tax is due or submitting Schedule CC to request a closing certificate: PO Box 8918. Madison, WI 53708-8918.

What deductions can you take on Form 1041?

What expenses are deductible? State and local taxes paid. Executor and trustee fees. Fees paid to attorneys, accountants, and tax preparers. Charitable contributions. Prepaid mortgage interest and qualified mortgage insurance premiums. Qualified business income. Trust income distributed to beneficiaries (attach Schedule K-1)

What is a fiduciary tax filing?

The fiduciary of a domestic decedent's estate, trust, or bankruptcy estate files Form 1041 to report: The income, deductions, gains, losses, etc. of the estate or trust. The income that is either accumulated or held for future distribution or distributed currently to the beneficiaries.

Are distributions of principal reported on 1041?

The link stated that "If the income distribution is discretionary, meaning the trustee or estate administrator has authority to decide whether beneficiaries will receive distributions, the payments aren't deductible on 1041 and are not reported on Schedule K-1.

Does Form 1041 have to be filed every year?

If you're wondering when to file 1041 Forms, you should file it each year the estate is open. As long as the estate exists, a Form 1041 should be filed. The due date for filing a 1041 falls on tax day.

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