Form 1041 – Trust & Estate Questions

👤 Fiduciary Information

• Is there a new fiduciary?

• Has the trustee or executor changed?

• Has the trustee’s or executor’s address changed?

📬 IRS & State Correspondence

• Did you receive correspondence from the IRS or any state taxing authority?

🏦 Banking & Administration

• Do you maintain a bank account for the trust?

🌍 Foreign Activity

• Have you received any foreign income or paid any foreign taxes?

• Was the estate or trust the grantor or transferor to a foreign trust that existed during the year?

• At any time during the tax year, did the estate or trust have an interest in or authority over a financial account in a foreign country?

  • If yes, please identify the account(s).

• Did you receive any distributions from foreign trusts?

  • Amount

📆 Filing Status

• Is this the initial year for the trust or estate?

• Is this the final year for the trust or estate?

🧾 Pass-Through & Other Income

• Does the estate or trust have an interest in a partnership, S corporation, or another estate or trust?

• If yes, please provide a copy of the Federal and State Form(s) K-1.

  • Pass-through entities reported on last year’s return are listed on an attached Form 9 for your convenience.

• Did the estate or trust receive any income or contributions not reported on this organizer?

  • If yes, please attach details.

💰 Refunds

• Did you receive any tax refunds from any state taxing authority?

  • If yes, please attach details.

🏠 Real Estate & Investments

• Has there been a sale, purchase, or exchange of real estate?

  • If yes, please provide a copy of the settlement sheet.

• Did you purchase any bonds directly outside of a brokerage account this year?

  • If yes, please provide a copy of the purchase confirmation slip and bond details.

🧮 Taxes & Interest Paid

• Did the estate or trust pay any taxes (other than income taxes)?

  • If yes, please provide the amount and details.

• Did the estate or trust pay any mortgage or investment interest?

  • If yes, please describe the nature and amount.

💼 Fees & Expenses

• Were any fiduciary fees paid?

• Were any accounting fees paid?

• Were any attorney fees paid?

❤️ Charitable Contributions

• Have there been any contributions made to a charitable organization?

📝 Other Disbursements

• Have there been any other disbursements not previously provided?