Form PA-41 Schedule DD "Distribution Deductions" - Pennsylvania

What Is Form PA-41 Schedule DD?

This is a legal form that was released by the Pennsylvania Department of Revenue - a government authority operating within Pennsylvania. As of today, no separate filing guidelines for the form are provided by the issuing department.

Form Details:

  • Released on May 1, 2020;
  • The latest edition provided by the Pennsylvania Department of Revenue;
  • Easy to use and ready to print;
  • Quick to customize;
  • Compatible with most PDF-viewing applications;
  • Fill out the form in our online filing application.

Download a fillable version of Form PA-41 Schedule DD by clicking the link below or browse more documents and templates provided by the Pennsylvania Department of Revenue.

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PA-41 SCHEDULE DD
2004410052
Distribution Deductions
PA-41 DD 05-20
(FI)
2020
PA Department of Revenue
OFFICIAL USE ONLY
START
HERE
Name as shown on PA-41
Federal EIN or Decedent’s SSN
Column A
Column B
1.
Total income from Line 7, PA-41. (See PA-41 Schedule DD instructions for nonresident
estates or trusts)
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
.
1a
1b
Income included in Line 1 above, but not distributable/distributed under state law
2.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
or the governing instrument.
2a
2b
. . . . . . . . . . . . . . . . . . . . . .
Taxable income available for distribution. Subtract Line 2 from Line 1
3.
.
3a
3b
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Total distributable/distributed nontaxable income.
4.
4a
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
All income available for distribution. Add Lines 3a and 4a.
5.
5a
Line 3a ÷ Line 5a
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
6.
.
6a
%
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
7.
Line 3b ÷ Line 5a.
7b
%
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Total required to be distributed.
8.
8a
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9.
See Instructions
.
9a
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Total distributable currently. Subtract Line 9a from Line 8a.
10.
10a
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
11.
Total cash distributed.
11a
Total property distributed
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
12.
.
12a
Total distributable/distributed. Add Lines 10a, 11a and 12a
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
13.
.
13a
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Line 6a X Line 13a
14a.
.
14a
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Line 7b X Line 13a
14b.
.
14b
Deduction for distribution. See PA-41 Schedule DD instructions
. . . . . . . . . . . . . . . . . . . . . . . . . .
15.
.
15
Charitable distribution deduction. See PA-41 Schedule DD instructions
. . . . . . . . . . . . . . . . . . . . .
16.
.
16
Nonresident estate or trust with resident beneficiary adjustment. See PA-41 Schedule DD instructions
17.
.
1 7
Total deduction from PA Schedule DD. Add Lines 15, 16 and 17. Enter here and on Line 8 of PA-41
.
18.
.
1 8
2004410052
2004410052
Reset Entire Form
TOP OF PAGE
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PA-41 SCHEDULE DD
2004410052
Distribution Deductions
PA-41 DD 05-20
(FI)
2020
PA Department of Revenue
OFFICIAL USE ONLY
START
HERE
Name as shown on PA-41
Federal EIN or Decedent’s SSN
Column A
Column B
1.
Total income from Line 7, PA-41. (See PA-41 Schedule DD instructions for nonresident
estates or trusts)
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
.
1a
1b
Income included in Line 1 above, but not distributable/distributed under state law
2.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
or the governing instrument.
2a
2b
. . . . . . . . . . . . . . . . . . . . . .
Taxable income available for distribution. Subtract Line 2 from Line 1
3.
.
3a
3b
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Total distributable/distributed nontaxable income.
4.
4a
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
All income available for distribution. Add Lines 3a and 4a.
5.
5a
Line 3a ÷ Line 5a
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
6.
.
6a
%
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
7.
Line 3b ÷ Line 5a.
7b
%
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Total required to be distributed.
8.
8a
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9.
See Instructions
.
9a
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Total distributable currently. Subtract Line 9a from Line 8a.
10.
10a
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
11.
Total cash distributed.
11a
Total property distributed
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
12.
.
12a
Total distributable/distributed. Add Lines 10a, 11a and 12a
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
13.
.
13a
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Line 6a X Line 13a
14a.
.
14a
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Line 7b X Line 13a
14b.
.
14b
Deduction for distribution. See PA-41 Schedule DD instructions
. . . . . . . . . . . . . . . . . . . . . . . . . .
15.
.
15
Charitable distribution deduction. See PA-41 Schedule DD instructions
. . . . . . . . . . . . . . . . . . . . .
16.
.
16
Nonresident estate or trust with resident beneficiary adjustment. See PA-41 Schedule DD instructions
17.
.
1 7
Total deduction from PA Schedule DD. Add Lines 15, 16 and 17. Enter here and on Line 8 of PA-41
.
18.
.
1 8
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2020
Instructions for PA-41 Schedule DD
Distribution Deductions
PA-41 DD IN 05-20
LINE INSTRUCTIONS
GENERAL INFORMATION
PURPOSE OF SCHEDULE
LINE 1
PA-41 Schedule DD is used to provide information regarding
WHEN TO COMPLETE COLUMNS A AND B
the distributed/distributable income to beneficiaries. If the
estate or trust has no distributions or is not distributing its
Column A is used to provide information regarding
income, the estate or trust is not required to complete PA-
distributions to the estate or trust beneficiaries and must be
41 Schedule DD.
completed in all circumstances except whenever the estate
or trust:
An estate or trust must report its income in certain
• Is a nonresident estate or trust with no income from
circumstances as if it were a both a resident estate or trust
Pennsylvania sources and all beneficiaries are
and a nonresident estate or trust.
nonresident individuals; or
Column A is used for the calculation as a resident estate or
• The estate is a bankruptcy estate.
trust including all income from all sources.
Column B is used to provide information to certain types of
Column A is also used to calculate the income for a
beneficiaries and may not be required to be completed in all
nonresident estate or trust as if it were a resident estate or
circumstances. However, Column B must be completed
trust when the estate or trust has resident beneficiaries.
whenever the estate or trust:
Column B is for the calculation as a nonresident estate or
• Is a nonresident estate or trust with income from
trust including income only from Pennsylvania sources.
Pennsylvania sources;
Column B is also used to calculate the income for a resident
• Is a nonresident estate or trust with one or more
estate or trust when an estate or trust has other estate or
Pennsylvania resident beneficiaries;
trust or partnership, limited liability company or PA S
• Is a resident estate or trust with one or more nonresident
corporation beneficiaries.
beneficiaries; or
This is necessary in order to provide information concerning
• Is a resident estate or trust with one or more estate or
income that may be taxable to Pennsylvania and forshowing
trust, partnership, limited liability company, and/or PA S
income allocable to both resident and nonresident
corporation beneficiaries.
beneficiaries.
If the estate or trust is a resident estate or trust and all
CAUTION: A taxable bankruptcy estate cannot distribute
the beneficiaries are individuals who are residents of
any of its income to beneficiaries. Do not complete PA-
Pennsylvania, only Column A must be completed.
41 Schedule DD for a taxable bankruptcy estate.
TOTAL INCOME FROM LINE 7 OF THE PA-41
FIDUCIARY INCOME TAX RETURN
FORM INSTRUCTIONS
COLUMN A – LINE 1A
NAME
Enter in Column A, Line 1a the income reported as if this
Enter the complete name of the estate or trust as shown on
were a resident estate or trust.
the PA-41, Fiduciary Income Tax Return.
RESIDENT ESTATES AND TRUSTS
FEIN OR DECEDENT’S SSN
If this is a resident estate or trust, enter the amount from the
PA-41, Fiduciary Income Tax Return, Line 7.
Enter the nine-digit federal employer identification number
(FEIN) of the estate or trust or the decedent’s Social
NONRESIDENT ESTATES AND TRUSTS WITH
Security number as shown on the PA-41, Fiduciary Income
RESIDENT BENEFICIARIES
Tax Return.
If this is a nonresident estate or trust, a separate calculation
An estate with a FEIN should not use the decedent’s
of the income must be made to report all the income from
Social Security number.
all sources as if this were a resident estate or trust.
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PA-41 DD
1
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COLUMN B – LINE 1B
organization. This would include the Pennsylvania-source
portion of those amounts shown on Line 16 of this schedule.
Enter in Column B, Line 1b the amount of Pennsylvania
taxable income reported as if this were a nonresident estate
LINE 3
or trust.
If this is a nonresident estate or trust with no resident
TAXABLE INCOME AVAILABLE FORDISTRIBUTION
beneficiary, enter the amount from the PA-41, Fiduciary
COLUMN A – LINE 3A
Income Tax Return, Line 7.
Enter in Column A, Line 3a the amount obtained by
If this is a resident estate or trust without a resident
subtracting Line 2a from Line 1a to arrive at the taxable
beneficiary, a nonresidentestate or trust with a resident
income to be distributed.
beneficiary, a nonresident estate or trust with PA-source
income distributed to a nonresident beneficiary or a resident
COLUMN B – LINE 3B
or nonresident estate or trust with another estate or trust,
Enter in Column B, Line 3b the amount obtained by
partnership, limited liability company and/or PA S
subtracting Line 2b from Line 1b to arrive at the
corporation (entity) as a beneficiary, a separate calculation
Pennsylvania taxable income to be distributed.
of income must be made to include only the taxable income
from Pennsylvania sources.
LINE 4
Use PA-41 Schedule N, Part 1 to calculate the total taxable
TOTAL DISTRIBUTABLE/DISTRIBUTED
income fromPennsylvania sources. Enter the amount from
NONTAXABLE INCOME
PA-41 Schedule N, Part 1, Line 6 as the total Pennsylvania-
source income.
COLUMN A – LINE 4A
Enter the amount of nontaxable gross receipts for the
If this income is derived solely from interest, dividends,
taxable year that are both:
and/or the sale, exchange or disposition of intangible
property (stocks, bonds, business interests, etc.), this figure
• Not required under laws applicable to the administration
will be zero.
of estates or trusts or the governing instrument to be
retained for future distribution or disbursement or to be
LINE 2
currently applied to discharge, satisfy or reduce any
person’s legal obligations; and
INCOME INCLUDED IN LINE 1ABOVE BUT NOT
DISTRIBUTABLE/DISTRIBUTED UNDER STATE LAW
• Derived from the ownership or disposition of an
OR THE GOVERNING INSTRUMENT
obligation
issued
by
the
federal
government,
COLUMN A – LINE 2A
Pennsylvania or their instrumentalities or life insurance,
Enter in Column A, Line 2a the dollar amount of gross
annuity and endowment contracts.
income which, pursuant to the terms of the governing
instrument or under applicable law, is unconditionally
LINE 5
required to be either (1) retained, accumulated or set
aside for future distribution or disbursement, or (2)
ALL INCOME AVAILABLE FOR DISTRIBUTIONS
currently applied to discharge, satisfy or reduce any
COLUMN A – LINE 5A
person’s legal obligations.
Add the amounts on Lines 3a and 4a. This amount
Also included in this line are any amounts that are
represents the total income available for distribution from
permanently set aside for future distribution to a purely
both taxable and nontaxable sources.
religious, charitable, scientific, literary, or educational
organization. This would include those amounts shown on
LINE 6
Line 16 of this schedule.
LINE 3A ÷ LINE 5A
COLUMN B – LINE 2B
COLUMN A – LINE 6A
Enter in Column B, Line 2b the dollar amounts of gross
Divide the amount on Line 3a by the amount on Line 5a to
income allocable to Pennsylvania, which, pursuant to the
terms of the governing instrument or under applicable law
determine the percentage. Calculated to four decimal
is unconditionally required to be either (1) retained,
places, __ __ . __ __ __ __ percent of the total taxable
accumulated or set aside for future distribution or
income (Line 3a) available for distribution compared to the
disbursement, or (2) currently applied to discharge, satisfy
total income available for distribution (Line 5a).
or reduce any person’s legal obligations.
If Lines 3a and 5a are the same, this line will be 100 percent.
Also included in this line are any amounts that are
Example. Percentage conversion. 0.755555 = 75.5555
permanently set aside for future distribution to a purely
religious, charitable, scientific, literary or educational
percent
2
PA-41 DD
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LINE 7
LINE 11
TOTAL CASH DISTRIBUTED
LINE 3B ÷ LINE 5A
COLUMN A – LINE 11A
COLUMN B – LINE 7B
Estates or trusts should enter the total dollar amount of cash
Divide the amount on Line 3b by the amount on Line 5a to
distributions made to beneficiaries during the taxable year.
determine the percentage. Calculated to four decimal
places, __ __ . __ __ __ __ percent of the total
Do not include amounts properly paid out of corpus as gifts
Pennsylvania-source taxable income (Line 3b) available for
or bequests of specific sums of money or amounts that
distribution compared to the total income available for
were required to be distributed in any prior taxable year,
distribution (Line 5a).
but were not.
If Line 3b is zero, the percentage will also be 0 percent.
LINE 12
If you are filing for an estate, enter zero on Lines 8a,
TOTAL PROPERTY DISTRIBUTED
9a, and 10a, and proceed to Line 11a.
COLUMN A – LINE 12A
Estates or trusts should enter the total market value of
LINE 8
property distributions made to beneficiaries during the
TOTAL REQUIRED TO BE DISTRIBUTED
taxable year.
COLUMN A – LINE 8A
Do not include property distributed in-kind as a gift or
For a trust, enter the total of all amounts, whether taxable
bequest of specific property.
or not and whether from income or corpus or not, which are
specifically required under the governing instrument to be
LINE 13
distributed during the taxable year, whether actually
TOTAL DISTRIBUTABLE/DISTRIBUTED
distributed or not.
COLUMN A – LINE 13A
For resident trusts with no resident beneficiaries or nonresident
Add Lines 10a, 11a and 12a to arrive at the total amount
trusts with resident beneficiaries, enter the amounts as if any
distributed/distributable by the estate or trust.
nonresident beneficiaries are resident beneficiaries.
LINE 14a
LINE 9
LINE 6A X LINE 13A
COLUMN A - LINE 9A
COLUMN A - LINE 14A
For a trust, enter the amount of income specifically required
Enter in Column A, Line 14a the product of multiplying Line
under the governing instrument to be distributed during the
13a, the amount distributed/distributable, by the percentage
taxable year that has been actually distributed, and/or the
on Line 6a.
amounts that have or have not been actually distributed, but,
This
is
the
amount
of
the
total
amount
under the governing instrument, are to be paid exclusively
distributed/distributable that is allocable to taxable income.
out of corpus.
In most cases, the difference in amounts reported on
LINE 14b
Lines 8a and 9a will be the difference between the
LINE 7B X LINE 13A
amount of total income required to be distributed and the
amount of income actually distributed (as included in both
COLUMN B – LINE 14B
lines is the amount of corpus required to be distributed). As
Enter in Column B, Line 14b the product of multiplying Line
Line 9a also includes the amount of corpus actually
13a, the amount distributed/distributable, by the percentage
distributed, the difference on Line 10a may result in a
on Line 7b.
negative number (in some cases) when the amount of
This
is
the
amount
of
the
total
amount
corpus actually distributed is more than the amount of
distributed/distributable that is allocable to Pennsylvania-
corpus required to be distributed.
source taxable income.
LINE 10
LINE 15
TOTAL DISTRIBUTABLE CURRENTLY
RESIDENT ESTATES AND TRUSTS AND
COLUMN A – LINE 10A
NONRESIDENT ESTATES AND TRUSTS WITH
RESIDENT BENEFICIARIES
Subtract the amount on Line 9a from the amount on Line 8a
to determine the total amount of undistributed income that
Resident estates and trusts and nonresident estates and
the trust must distribute currently.
trusts with resident beneficiaries should enter the lesser of
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PA-41 DD
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