Form 1041ME Schedule NR "Income Schedule for Nonresident Estates and Trusts or Resident Estates and Trusts With Nonresident or '"safe Harbor'" Resident Beneficiaries" - Maine

What Is Form 1041ME Schedule NR?

This is a legal form that was released by the Maine Department of Administrative and Financial Services - a government authority operating within Maine.The document is a supplement to Form 1041ME, Income Tax Return for Resident and Nonresident Estates and Trusts. As of today, no separate filing guidelines for the form are provided by the issuing department.

Form Details:

  • The latest edition provided by the Maine Department of Administrative and Financial Services;
  • Easy to use and ready to print;
  • Quick to customize;
  • Compatible with most PDF-viewing applications;

Download a printable version of Form 1041ME Schedule NR by clicking the link below or browse more documents and templates provided by the Maine Department of Administrative and Financial Services.

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Download Form 1041ME Schedule NR "Income Schedule for Nonresident Estates and Trusts or Resident Estates and Trusts With Nonresident or '"safe Harbor'" Resident Beneficiaries" - Maine

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INCOME SCHEDULE
FOR
2018
NONRESIDENT ESTATES
TRUSTS
RESIDENT
AND
OR
SCHEDULE NR
ESTATES
TRUSTS
NONRESIDENT
“SAFE
AND
WITH
OR
FORM 1041ME
HARBOR” RESIDENT BENEFICIARIES
A copy of federal Form 1041 must be attached to this Schedule
Name as shown on Form 1041ME
Estate/Trust EIN
-
A
B
FEDERAL
MAINE-SOURCE
1.
DISTRIBUTABLE NET INCOME (DNI):
Column A: Federal Form 1041, Schedule B, line 7. ............................................ 1
Column B: Enter the net amount of the Maine-source portion of income and
deductions included in Column A.
2.
ESTATE/TRUST PORTION OF DNI:
Column A and Column B: Form 1041ME, Schedule 2, Column 3, line f.
__ . __ __ __ __
__ . __ __ __ __
(Note: If less than zero, enter 0.0000. If greater than 100, enter 1.0000) ........... 2
3.
Multiply line 1 by line 2. ...................................................................................... 3
4.
BENEFICIARY PORTION OF DNI:
Subtract line 3 from line 1 (enter the result from Column B on Schedule
2, Column 6, line g). ............................................................................................ 4
5.
NON-DISTRIBUTABLE NET INCOME:
Column A: Subtract federal Form 1041, line 19 and federal Form 1041,
Schedule B, line 7 from federal Form 1041, line 17. Also enter the sum of the
taxable income of the S corporation portion of Electing Small Business Trusts
(ESBT) and the amount of unrelated business taxable income from federal
Form 990-T, if applicable.
Column B: Enter the net amount of the Maine-source portion of income and
deductions included in Column A. (NOTE: Column B may be larger than the
amount shown in column A). ............................................................................... 5
6.
Add line 3 and line 5. ........................................................................................... 6
7.
FIDUCIARY ADJUSTMENT:
Column A: Enter fi duciary portion of Form 1041ME, Schedule 1, line 3.
Column B: Maine-source portion of amount in Column A.. ................................. 7
8.
EXEMPTION:
Column B: Federal Form 1041, line 20. ............................................................. 8
9.
MAINE TAXABLE INCOME:
Line 6 plus or minus line 7 minus line 8.
Also enter this amount on Form 1041ME, line 3. ................................................. 9
SPECIFIC INSTRUCTIONS for Form 1041ME, Schedule NR
(see back for more information)
Schedule NR is used to determine the Maine taxable income of a nonresident estate or trust and the taxable income of nonresident and
“safe harbor” resident benefi ciaries of a resident estate or trust. Generally, Maine taxable income of a nonresident estate or trust is the
Maine-source portion of its federal taxable income. The nonresident or “safe harbor” resident benefi ciaries are taxed on their share of the
Maine-source distributable net income. Resident benefi ciaries are taxed on their entire share of the estate or trust income as though the
estate or trust was a resident estate or trust.
Step 1. Complete Schedules 1 and 2 on Form 1041ME, pages 2 and 3.
Step 2. Complete Schedule NR, lines 1-6. For lines 1 and 5, Column B, attach a schedule showing the calculation of Maine-source
income.
Step 3. Complete Schedule NR, lines 7 through 9. Include on line 7, Column B, the net amount of Maine-source additions included
on Schedule 1, line 1h and subtractions included on Schedule 1, line 2i that are related to the income shown on Schedule
NR, line 6, Column B.
Step 4. Complete Form 1041ME, page 1.
INCOME SCHEDULE
FOR
2018
NONRESIDENT ESTATES
TRUSTS
RESIDENT
AND
OR
SCHEDULE NR
ESTATES
TRUSTS
NONRESIDENT
“SAFE
AND
WITH
OR
FORM 1041ME
HARBOR” RESIDENT BENEFICIARIES
A copy of federal Form 1041 must be attached to this Schedule
Name as shown on Form 1041ME
Estate/Trust EIN
-
A
B
FEDERAL
MAINE-SOURCE
1.
DISTRIBUTABLE NET INCOME (DNI):
Column A: Federal Form 1041, Schedule B, line 7. ............................................ 1
Column B: Enter the net amount of the Maine-source portion of income and
deductions included in Column A.
2.
ESTATE/TRUST PORTION OF DNI:
Column A and Column B: Form 1041ME, Schedule 2, Column 3, line f.
__ . __ __ __ __
__ . __ __ __ __
(Note: If less than zero, enter 0.0000. If greater than 100, enter 1.0000) ........... 2
3.
Multiply line 1 by line 2. ...................................................................................... 3
4.
BENEFICIARY PORTION OF DNI:
Subtract line 3 from line 1 (enter the result from Column B on Schedule
2, Column 6, line g). ............................................................................................ 4
5.
NON-DISTRIBUTABLE NET INCOME:
Column A: Subtract federal Form 1041, line 19 and federal Form 1041,
Schedule B, line 7 from federal Form 1041, line 17. Also enter the sum of the
taxable income of the S corporation portion of Electing Small Business Trusts
(ESBT) and the amount of unrelated business taxable income from federal
Form 990-T, if applicable.
Column B: Enter the net amount of the Maine-source portion of income and
deductions included in Column A. (NOTE: Column B may be larger than the
amount shown in column A). ............................................................................... 5
6.
Add line 3 and line 5. ........................................................................................... 6
7.
FIDUCIARY ADJUSTMENT:
Column A: Enter fi duciary portion of Form 1041ME, Schedule 1, line 3.
Column B: Maine-source portion of amount in Column A.. ................................. 7
8.
EXEMPTION:
Column B: Federal Form 1041, line 20. ............................................................. 8
9.
MAINE TAXABLE INCOME:
Line 6 plus or minus line 7 minus line 8.
Also enter this amount on Form 1041ME, line 3. ................................................. 9
SPECIFIC INSTRUCTIONS for Form 1041ME, Schedule NR
(see back for more information)
Schedule NR is used to determine the Maine taxable income of a nonresident estate or trust and the taxable income of nonresident and
“safe harbor” resident benefi ciaries of a resident estate or trust. Generally, Maine taxable income of a nonresident estate or trust is the
Maine-source portion of its federal taxable income. The nonresident or “safe harbor” resident benefi ciaries are taxed on their share of the
Maine-source distributable net income. Resident benefi ciaries are taxed on their entire share of the estate or trust income as though the
estate or trust was a resident estate or trust.
Step 1. Complete Schedules 1 and 2 on Form 1041ME, pages 2 and 3.
Step 2. Complete Schedule NR, lines 1-6. For lines 1 and 5, Column B, attach a schedule showing the calculation of Maine-source
income.
Step 3. Complete Schedule NR, lines 7 through 9. Include on line 7, Column B, the net amount of Maine-source additions included
on Schedule 1, line 1h and subtractions included on Schedule 1, line 2i that are related to the income shown on Schedule
NR, line 6, Column B.
Step 4. Complete Form 1041ME, page 1.
SCHEDULE NR INSTRUCTIONS
A nonresident estate/trust is subject to Maine income tax only on
of the partnership preceding the year of sale by the total sales
income derived from sources within Maine. See 36 M.R.S. § 5142
for that same year. Multiply the result by the gain or loss on the
(nonresident taxable income) and MRS Rule No. 806 (nonresident
sale of the partnership interest reported on the federal return.
individual income tax). This includes the following:
“Sales” for purposes of computing the sales factor are defi ned
in Rule No. 801.06; and
1. Salaries and wages earned working in Maine, including
all taxable benefi ts such as annual and sick leave except
6. Maine State Lottery or Tri-State Lottery winnings from tickets
for certain salaries and wages earned by the spouse of a
purchased within Maine on or after July 13, 1993, including
nonresident military servicemember;
payments received from third parties for the transfer of rights
to future proceeds related to Maine State Lottery or Tri-state
2. Distributive share of income (loss) from partnerships and S
Lotto tickets purchased in Maine plus all other income from
Corporations operating in Maine;
gambling activity conducted in Maine on or after June 29, 2005.
3. Shares of estate and trust income derived from Maine sources;
Except for #5 above, income from intangible sources, such as
interest, dividends, pensions, annuities, gains or losses attributable
4. Income (loss) attributed to the ownership or disposition of real
to intangible personal property, is not Maine-source income unless it
or tangible personal property in Maine;
is attributable to a business, trade, profession or occupation carried
on in Maine.
5. Maine-source gain (or loss) from sale of a partnership interest.
NOTE: To determine the gain or loss from the sale of a
NOTE: Resident estates or trusts with nonresident or “Safe Harbor”
partnership interest attributable to Maine, divide the original
resident benefi ciaries must complete a pro forma Schedule NR (as
cost of all tangible property of the partnership located in Maine
if the estate or trust were a nonresident estate or trust) in order to
by tangible property everywhere. Tangible property includes
complete Column 6 of Schedule 2. Enter on Schedule 2, line g,
real estate, inventory and equipment. If you don’t know
Column 6 the amount from Schedule NR, line 4, Column B. Attach
these amounts, contact the partnership. If more than 50% of
a copy of the pro forma Schedule NR to the Maine income tax return
the partnership’s assets consist of intangibles, the gain (or
for the estate or trust.
loss) is allocated to Maine based on the sales factor of the
partnership. Divide the sales in Maine for the last full tax year
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