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Related content

About Form 5227, Split-Interest Trust Information...
Sep 20, 2020 — Information about Form 5227, Split-Interest Trust Information Return...
Learn more
2007 Instruction 5227 - Internal Revenue Service
Use Schedule A of Form 5227 to report: and, for charitable remainder trusts, Regulations...
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Quality of Water from Domestic Wells - USGS...
U.S. Geological Survey Scientific Investigations Report 2008–5227, 139 p., available...
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Related links form

TX TCFP-047 2014 TX Form 2022 2011 TX 96-1321 2017 TX Public Affairs Application_DSA

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A split-interest trust that under its terms is to continue to hold assets for charitable beneficiaries after the noncharitable interest expires rather than distributing them is allowed a reasonable period of time for settlement before being treated as a charitable trust.

Use Form 5227 to: Report the financial activities of a split-interest trust. Provide certain information regarding charitable deductions and distributions of or from a split-interest trust. Determine if the trust is treated as a private foundation and subject to certain excise taxes under Chapter 42.

Tax Filings for Charitable Remainder Trusts Charitable remainder trusts must annually file Form 5227, Split-Interest Trust Information Return. Form 5227: Reports financial activities, including the disposition of the trust's assets. Accounts for current-year and accumulated trust income.

A charitable remainder trust is a “split interest” giving vehicle that allows you to make contributions to the trust and be eligible for a partial tax deduction, based on the CRT's assets that will pass to charitable beneficiaries.

Unitrust payouts are taxable. With a CRT, the donor must pay tax on the income stream, which is categorized into four tiers: (1) Ordinary income and qualified dividends, (2) capital gains (short-term, personal property, depreciation, long-term gain), (3) other tax-exempt income; and (4) return of principal.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232