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  • 2024 Schedule I (form 1041). Alternative Minimum Taxestates And Trusts

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SCHEDULE I (Form 1041) Department of the Treasury Internal Revenue ServiceAlternative Minimum TaxEstates and Trusts1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27Employer identification.

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For tax year 2024, the 20% rate applies to amounts above $15,450. The 0% and 15% rates continue to apply to amounts below certain threshold amounts. The 0% rate applies to amounts up to $3,150. The 15% rate applies to amounts between the two thresholds.

Deadline to file 2023 US Trust form 1041 If you cannot submit a 2023 US Trust Form 1041 by April 15, 2024, you can request a five-and-a-half-month extension by filing Extension Form 7004.

The AMT is a separate tax calculation that ensures taxpayers with high deductions and certain types of income still pay a minimum amount of tax. By calculating the AMT, estates and trusts can determine if they owe any additional tax.

Purpose of Schedule Use Schedule I (Form 1041) to figure: The estate's or trust's alternative minimum taxable income, The income distribution deduction on a minimum tax basis, and. The estate's or trust's alternative minimum tax (AMT).

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
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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