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4970 - Tax on Accumulation Distribution of Trusts

What is the form used for? :

  • A beneficiary of certain domestic trusts uses this form to figure the partial tax on accusation distributions under section 667.

Is the form Supported in our program? Yes

How to access the form: To access the form, you will need to open a 1040 return on the online/desktop and then go to Add Form/Display and type 4970.

Limits to the form: This form can be copied.

Solution Articles: 
1041 - U.S. Fiduciary Income Tax Return

IRS Publication: https://www.irs.gov/forms-pubs/about-form-4970

 

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