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Table 2.

Fiduciary Income Tax Returns, Income Source, Deductions, and Tax Liability, by Type of Entity, Filing Year 2012 [Money amounts in thousands of dollars]
Scroll over selected items below for brief definitions. Additional data information, including expanded definitions. Income Type of entity Number of returns Total income (less loss) [2] Interest income Number (4) 1,493,321 793,641 425,105 29,174 229,306 10,078 41 3,738 1,957 24 257 Amount (5) 11,092,598 6,650,535 2,431,518 216,840 1,566,952 19,164 120 145,456 57,519 128 4,365 Ordinary dividends Number (6) 1,620,623 946,967 482,083 22,179 150,884 10,969 5 5,006 2,170 5 355 Amount (7) 29,759,669 17,600,242 8,978,777 295,316 2,074,646 45,107 9 681,114 78,834 48 5,578 Business income (less loss) Number (8) 16,738 7,857 3,878 343 4,600 38 d 11 0 7 d Amount (9) 738,980 486,585 109,798 4,528 135,894 29 d 1,872 0 285 d Capital gain (less loss) Number (10) 1,617,213 924,069 471,049 18,805 186,352 9,455 15 4,958 2,140 6 364

All returns Complex trust Simple trust Grantor trust [1] Decedent's estate Qualified disability trust Chapter 7 bankruptcy estate Split-interest trust Qualified funeral trust Chapter 11 bankruptcy estate Pooled income fund
d Data are suppressed to prevent disclosure of individual taxpayer data. However, the data are included in the appropriate totals. [1] The values of both taxable and nontaxable grantor trusts are included in this category. [2] Excludes 696,552 returns with zero total income. Returns with zero total income may have amounts (and corresponding numbers of returns) for any of the items shown in columns 4 through 57. See Table 1 for data on these returns. [3] Other deductions not subject to the 2 percent floor, including bond premiums, casualty and theft losses, clean-fuel vehicle deductions, and net operating losses. [4] Only values greater than zero were recorded for taxable income. [5] Total tax liability amounts noted in this table are settlement amounts, which include any changes made during processing or audit procedures. Therefore, these amounts may differ from the tax liability reported by the taxpayer on Form 1041. [6] Total tax liability may exceed taxable income because the latter category includes adding tax on lump-sum distributions (Schedule G Line 1b), alternative minimum tax (Line 1c), recapture taxes (line 5) and household employment taxes (line 6) to the base tax on taxable income (Line 1a). [7] Money amount less than $500 NOTES: "Number" shown in the heading for columns 1, 3, 5, etc. refer to the number of returns. Detail may not add to totals because of rounding.

(1) 3,014,952 1,352,388 683,862 568,084 376,212 16,648 7,642 6,033 2,916 727 440

Number (2) 2,318,400 1,267,868 648,138 43,564 334,054 15,815 60 5,575 2,856 36 434

Amount (3) 114,439,253 71,360,106 25,913,210 1,302,147 13,808,889 103,171 1,172 1,728,934 203,731 993 16,901

SOURCE: IRS, Statistics of Income Division, November 2013.

Table 2. Fiduciary Income Tax Returns, Income Source, Deductions, and Tax Liability, by Type of Entity, Filing Year 2012 [Money amounts in thousands of dollars]
Scroll over selected items below for brief definitions. Additional data information, including expanded definitions. Income Type of entity Capital gain (less loss) Amount (11) 47,567,782 33,977,554 7,438,103 364,004 4,864,347 12,929 108 842,403 60,760 -6 7,578 Rents, royalties, partnerships, other estates and trusts, etc. Number (12) 510,791 262,647 163,640 7,061 75,446 1,029 3 946 0 7 12 Amount (13) 17,157,608 9,260,397 5,715,571 201,875 1,928,776 9,039 111 41,973 0 21 -156 Farm income (less loss) Number (14) 26,669 9,473 9,745 602 6,813 26 d d 0 0 0 Amount (15) 264,332 54,942 162,011 18,799 28,400 66 d d 0 0 0 Ordinary gain (less loss) Number (16) 83,252 50,549 21,127 531 10,642 90 0 306 0 0 7 Amount (17) -879,859 -272,051 -233,351 -105 -371,867 -769 0 -1,097 0 0 -621 Other income (less loss) Number (18) 371,604 197,426 77,273 5,645 87,766 1,700 23 d 844 8 d Amount (19) 8,738,127 3,601,895 1,310,781 200,887 3,581,737 17,605 826 d 6,618 515 d Total deductions

All returns Complex trust Simple trust Grantor trust [1] Decedent's estate Qualified disability trust Chapter 7 bankruptcy estate Split-interest trust Qualified funeral trust Chapter 11 bankruptcy estate Pooled income fund
d Data are suppressed to prevent disclosure of individual taxpayer data. However, the data are included in the appropriate totals. [1] The values of both taxable and nontaxable grantor trusts are included in this category. [2] Excludes 696,552 returns with zero total income. Returns with zero total income may have amounts (and corresponding numbers of returns) for any of the items shown in columns 4 through 57. See Table 1 for data on these returns. [3] Other deductions not subject to the 2 percent floor, including bond premiums, casualty and theft losses, clean-fuel vehicle deductions, and net operating losses. [4] Only values greater than zero were recorded for taxable income. [5] Total tax liability amounts noted in this table are settlement amounts, which include any changes made during processing or audit procedures. Therefore, these amounts may differ from the tax liability reported by the taxpayer on Form 1041. [6] Total tax liability may exceed taxable income because the latter category includes adding tax on lump-sum distributions (Schedule G Line 1b), alternative minimum tax (Line 1c), recapture taxes (line 5) and household employment taxes (line 6) to the base tax on taxable income (Line 1a). [7] Money amount less than $500 NOTES: "Number" shown in the heading for columns 1, 3, 5, etc. refer to the number of returns. Detail may not add to totals because of rounding.

Number (20) 2,433,092 1,333,142 675,333 40,698 358,939 16,196 64 5,657 2,621 9 433

SOURCE: IRS, Statistics of Income Division, November 2013.

Table 2. Fiduciary Income Tax Returns, Income Source, Deductions, and Tax Liability, by Type of Entity, Filing Year 2012 [Money amounts in thousands of dollars]
Scroll over selected items below for brief definitions. Additional data information, including expanded definitions. Deductions Type of entity Total deductions Interest paid Number (22) 150,199 93,223 34,546 1,013 20,561 340 d 508 0 d 6 Amount (23) 2,269,418 1,781,206 227,050 10,913 235,660 898 d 12,995 0 d 673 Taxes paid Number (24) 696,135 421,971 140,807 7,427 120,326 3,223 d 1,335 1,007 d 32 Amount (25) 3,351,058 2,179,247 484,088 19,158 651,012 4,449 d 10,761 2,004 d 180 Fiduciary fees Number (26) 646,615 394,655 171,861 9,013 60,626 5,359 d 2,454 2,364 d 275 Amount (27) 4,775,166 2,540,168 1,309,084 54,227 789,770 18,217 d 31,027 31,453 d 1,193 Charitable distributions deduction Number (28) 97,902 75,399 0 686 17,352 213 0 4,023 0 0 229 Amount (29) 6,090,083 3,001,428 0 20,458 1,616,338 673 0 1,449,358 0 0 1,828 Attorney, accountant, and return preparer fees Number (30) 1,329,182 715,256 362,458 14,282 223,726 9,072 d 2,990 1,222 d 161 Amount (31) 3,993,345 1,530,048 501,454 37,209 1,897,979 12,384 d 10,632 3,219 d 261

All returns Complex trust Simple trust Grantor trust [1] Decedent's estate Qualified disability trust Chapter 7 bankruptcy estate Split-interest trust Qualified funeral trust Chapter 11 bankruptcy estate Pooled income fund
d Data are suppressed to prevent disclosure of individual taxpayer data. However, the data are included in the appropriate totals. [1] The values of both taxable and nontaxable grantor trusts are included in this category. [2] Excludes 696,552 returns with zero total income. Returns with zero total income may have amounts (and corresponding numbers of returns) for any of the items shown in columns 4 through 57. See Table 1 for data on these returns. [3] Other deductions not subject to the 2 percent floor, including bond premiums, casualty and theft losses, clean-fuel vehicle deductions, and net operating losses. [4] Only values greater than zero were recorded for taxable income. [5] Total tax liability amounts noted in this table are settlement amounts, which include any changes made during processing or audit procedures. Therefore, these amounts may differ from the tax liability reported by the taxpayer on Form 1041. [6] Total tax liability may exceed taxable income because the latter category includes adding tax on lump-sum distributions (Schedule G Line 1b), alternative minimum tax (Line 1c), recapture taxes (line 5) and household employment taxes (line 6) to the base tax on taxable income (Line 1a). [7] Money amount less than $500 NOTES: "Number" shown in the heading for columns 1, 3, 5, etc. refer to the number of returns. Detail may not add to totals because of rounding.

Amount (21) 76,353,246 37,517,734 22,057,732 1,257,396 13,599,997 138,277 1,610 1,691,238 74,877 88 14,298

SOURCE: IRS, Statistics of Income Division, November 2013.

Table 2. Fiduciary Income Tax Returns, Income Source, Deductions, and Tax Liability, by Type of Entity, Filing Year 2012 [Money amounts in thousands of dollars]
Scroll over selected items below for brief definitions. Additional data information, including expanded definitions. Deductions Type of entity Other deductions [3] Number (32) 376,528 179,230 77,879 3,747 111,300 2,292 d 1,439 582 d 34 Amount (33) 9,975,116 6,001,223 1,856,117 131,061 1,904,536 14,561 d 32,214 33,933 d 381 Allowable miscellaneous deductions Number (34) 530,656 325,633 146,702 3,097 50,330 2,551 d 1,784 481 d 72 Amount (35) 4,306,973 2,974,154 936,511 12,525 322,590 8,530 d 46,683 4,179 d 1,782 Income distribution deduction Number (36) 1,135,923 477,152 532,487 30,171 91,004 2,899 d 1,834 d 4 358 Amount (37) 40,948,261 17,347,037 16,539,100 967,480 5,970,199 19,716 d 96,618 d 21 7,887 Estate tax deduction Number (38) 2,713 1,184 330 189 984 22 0 4 0 0 0 Amount (39) 70,402 22,691 4,871 3,067 39,490 130 0 154 0 0 0 Exemption Number (40) 2,245,792 1,257,819 671,966 6,841 287,270 16,008 d 5,438 d 0 400 Amount (41) 573,416 140,532 199,450 1,297 172,421 58,719 d 796 d 0 113 Taxable income [4]

All returns Complex trust Simple trust Grantor trust [1] Decedent's estate Qualified disability trust Chapter 7 bankruptcy estate Split-interest trust Qualified funeral trust Chapter 11 bankruptcy estate Pooled income fund
d Data are suppressed to prevent disclosure of individual taxpayer data. However, the data are included in the appropriate totals. [1] The values of both taxable and nontaxable grantor trusts are included in this category. [2] Excludes 696,552 returns with zero total income. Returns with zero total income may have amounts (and corresponding numbers of returns) for any of the items shown in columns 4 through 57. See Table 1 for data on these returns. [3] Other deductions not subject to the 2 percent floor, including bond premiums, casualty and theft losses, clean-fuel vehicle deductions, and net operating losses. [4] Only values greater than zero were recorded for taxable income. [5] Total tax liability amounts noted in this table are settlement amounts, which include any changes made during processing or audit procedures. Therefore, these amounts may differ from the tax liability reported by the taxpayer on Form 1041. [6] Total tax liability may exceed taxable income because the latter category includes adding tax on lump-sum distributions (Schedule G Line 1b), alternative minimum tax (Line 1c), recapture taxes (line 5) and household employment taxes (line 6) to the base tax on taxable income (Line 1a). [7] Money amount less than $500 NOTES: "Number" shown in the heading for columns 1, 3, 5, etc. refer to the number of returns. Detail may not add to totals because of rounding.

Number (42) 777,627 550,088 128,490 11,582 80,956 3,053 93 957 2,311 28 69

SOURCE: IRS, Statistics of Income Division, November 2013.

Table 2. Fiduciary Income Tax Returns, Income Source, Deductions, and Tax Liability, by Type of Entity, Filing Year 2012 [Money amounts in thousands of dollars]
Scroll over selected items below for brief definitions. Additional data information, including expanded definitions.

Type of entity

Taxable income [4]

Total tax liability [5,6]

Estimated and applied payments

Estimated tax payments allocated to beneficiaries Number (48) 1,937 1,295 248 60 328 d 0 d 0 0 0 Amount (49) 69,890 51,816 7,029 1,078 9,900 d 0 d 0 0 0

Tax paid with extension

Federal income tax withheld

All returns Complex trust Simple trust Grantor trust [1] Decedent's estate Qualified disability trust Chapter 7 bankruptcy estate Split-interest trust Qualified funeral trust Chapter 11 bankruptcy estate Pooled income fund
d Data are suppressed to prevent disclosure of individual taxpayer data. However, the data are included in the appropriate totals. [1] The values of both taxable and nontaxable grantor trusts are included in this category. [2] Excludes 696,552 returns with zero total income. Returns with zero total income may have amounts (and corresponding numbers of returns) for any of the items shown in columns 4 through 57. See Table 1 for data on these returns. [3] Other deductions not subject to the 2 percent floor, including bond premiums, casualty and theft losses, clean-fuel vehicle deductions, and net operating losses. [4] Only values greater than zero were recorded for taxable income. [5] Total tax liability amounts noted in this table are settlement amounts, which include any changes made during processing or audit procedures. Therefore, these amounts may differ from the tax liability reported by the taxpayer on Form 1041. [6] Total tax liability may exceed taxable income because the latter category includes adding tax on lump-sum distributions (Schedule G Line 1b), alternative minimum tax (Line 1c), recapture taxes (line 5) and household employment taxes (line 6) to the base tax on taxable income (Line 1a). [7] Money amount less than $500 NOTES: "Number" shown in the heading for columns 1, 3, 5, etc. refer to the number of returns. Detail may not add to totals because of rounding.

Amount (43) 57,466,144 43,892,002 7,224,478 215,105 5,587,011 41,779 1,836 337,881 163,344 1,209 1,498

Number (44) 631,219 443,653 100,059 9,143 71,773 2,452 943 779 2,056 315 46

Amount (45) 14,471,726 11,728,579 1,392,763 46,836 1,201,018 9,161 12,638 56,727 11,709 11,021 1,276

Number (46) 371,267 286,665 65,563 4,056 12,761 1,261 82 774 0 87 18

Amount (47) 10,032,883 8,711,730 897,998 25,799 346,803 4,946 1,954 39,583 0 2,674 1,396

Number (50) 66,488 50,365 7,739 249 7,797 138 24 143 0 29 4

Amount (51) 6,136,783 5,127,532 466,127 5,256 503,435 1,446 842 29,555 0 2,347 243

Number (52) 55,845 20,183 8,560 1,206 25,206 353 74 61 0 198 4

SOURCE: IRS, Statistics of Income Division, November 2013.

Table 2. Fiduciary Income Tax Returns, Income Source, Deductions, and Tax Liability, by Type of Entity, Filing Year 2012 [Money amounts in thousands of dollars]
Scroll over selected items below for brief definitions. Additional data information, including expanded definitions.

Federal income tax withheld Type of entity Amount (53) 437,223 185,616 67,245 16,297 161,284 926 1,506 604 0 3,745 [7]

Other payments

Total prior payments

All returns Complex trust Simple trust Grantor trust [1] Decedent's estate Qualified disability trust Chapter 7 bankruptcy estate Split-interest trust Qualified funeral trust Chapter 11 bankruptcy estate Pooled income fund
d Data are suppressed to prevent disclosure of individual taxpayer data. However, the data are included in the appropriate totals. [1] The values of both taxable and nontaxable grantor trusts are included in this category. [2] Excludes 696,552 returns with zero total income. Returns with zero total income may have amounts (and corresponding numbers of returns) for any of the items shown in columns 4 through 57. See Table 1 for data on these returns. [3] Other deductions not subject to the 2 percent floor, including bond premiums, casualty and theft losses, clean-fuel vehicle deductions, and net operating losses. [4] Only values greater than zero were recorded for taxable income. [5] Total tax liability amounts noted in this table are settlement amounts, which include any changes made during processing or audit procedures. Therefore, these amounts may differ from the tax liability reported by the taxpayer on Form 1041. [6] Total tax liability may exceed taxable income because the latter category includes adding tax on lump-sum distributions (Schedule G Line 1b), alternative minimum tax (Line 1c), recapture taxes (line 5) and household employment taxes (line 6) to the base tax on taxable income (Line 1a). [7] Money amount less than $500 NOTES: "Number" shown in the heading for columns 1, 3, 5, etc. refer to the number of returns. Detail may not add to totals because of rounding.

Number (54) 4,439 2,201 785 87 487 d 16 d 832 14 0

Amount (55) 51,889 1,383 39,316 1,305 1,842 d 458 d 7,281 278 0

Number (56) 452,303 321,791 77,914 5,424 43,271 1,678 188 872 867 279 19

Amount (57) 16,588,880 13,974,436 1,463,657 47,578 1,003,464 7,341 4,759 69,679 7,281 9,045 1,639

SOURCE: IRS, Statistics of Income Division, November 2013.