Table 2.--Fiduciary Income Tax Returns, Income Source, Deductions, and Tax Liability, by Type of Entity, Filing Year 2006 [Money amounts in thousands of dollars]
Type of entity
Number of returns
Gross income
Interest income Number (4) 1,602,971 803,885 12,310 496,847 276,254 444 4,832 4,791 3,095 513 Amount (5) 12,783,625 6,715,068 163,428 3,451,071 2,177,132 974 13,475 154,558 95,844 12,074
Ordinary dividends Number (6) 1,689,024 935,297 10,473 555,694 175,353 29 4,372 5,704 1,438 664 Amount (7) 25,254,605 13,988,122 175,993 8,939,967 1,767,631 1,305 18,124 314,553 41,347 7,562
Business income (less loss) Number (8) 20,871 9,426 225 5,905 5,211 15 55 31 0 3 Amount (9) 720,534 313,470 5,464 224,700 176,423 -117 -77 658 0 13
All returns Complex trust Grantor trust [1] Simple trust Decedent's estate Bankruptcy estate Qualified disability trust Split-interest trust Qualified funeral trust Pooled income fund
d Data 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] Other deductions not subject to the 2 percent floor, including bond premiums, casualty and theft losses, clean-fuel vehicle deductions, and net operating losses. [3] Only values greater than zero were recorded for taxable income. [4] 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. [5] Includes 288,856 returns with negative gross income, but excludes 1,397,874 returns with zero gross income. Returns with zero gross income may have amounts for components of gross income shown in columns 4 through 19. NOTE: Detail may not add to totals because of rounding.
(1) 3,733,925 1,289,708 1,286,561 744,689 385,419 9,605 6,841 6,810 3,510 782
Number [5] (2) 2,336,051 1,232,573 18,017 714,941 352,953 596 6,458 6,315 3,430 768
Amount (3) 129,747,655 75,563,840 738,608 36,611,860 14,756,230 15,954 67,341 1,727,900 235,914 30,009
SOURCE: IRS, Statistics of Income Division, October 2007.
Table 2.--Fiduciary Income Tax Returns, Income Source, Deductions, and Tax Liability, by Type of Entity, Filing Year 2006 [Money amounts in thousands of dollars]
Income Type of entity Capital gain (less loss) Number (10) 1,646,793 904,955 9,149 522,622 198,684 61 3,787 5,526 1,454 555 Amount (11) 69,199,765 43,882,859 337,133 17,594,818 6,076,537 9,905 23,386 1,176,834 88,044 10,248 Rents, royalties, partnerships, other estates and trusts, etc. Number (12) 435,776 209,192 2,100 154,298 68,855 25 341 959 0 6 Amount (13) 15,434,421 8,026,001 25,950 5,428,670 1,899,106 2,101 5,862 46,777 0 -45 Farm income (less loss) Number (14) 18,883 6,388 137 6,517 5,805 4 18 d d d Amount (15) 69,287 10,979 42 62,466 -4,046 55 -20 d d d Ordinary gain (less loss) Number (16) 50,646 27,215 123 15,324 7,739 7 25 d d d Amount (17) -113,220 -15,127 275 -36,878 -77,232 157 56 d d d
All returns Complex trust Grantor trust [1] Simple trust Decedent's estate Bankruptcy estate Qualified disability trust Split-interest trust Qualified funeral trust Pooled income fund
d Data 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] Other deductions not subject to the 2 percent floor, including bond premiums, casualty and theft losses, clean-fuel vehicle deductions, and net operating losses. [3] Only values greater than zero were recorded for taxable income. [4] 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. [5] Includes 288,856 returns with negative gross income, but excludes 1,397,874 returns with zero gross income. Returns with zero gross income may have amounts for components of gross income shown in columns 4 through 19. NOTE: Detail may not add to totals because of rounding.
SOURCE: IRS, Statistics of Income Division, October 2007.
Table 2.--Fiduciary Income Tax Returns, Income Source, Deductions, and Tax Liability, by Type of Entity, Filing Year 2006 [Money amounts in thousands of dollars]
Type of entity
Other income (less loss) Number (18) 305,307 146,368 1,865 75,865 78,764 158 573 991 614 109 Amount (19) 6,398,638 2,642,468 30,323 947,046 2,740,678 1,574 6,534 19,180 10,678 157
Total deductions
Interest paid Number (22) 125,747 75,266 381 29,479 19,934 8 141 d d d Amount (23) 2,554,495 1,918,373 9,854 363,793 242,346 201 606 d d d
Taxes paid Number (24) 707,648 400,048 4,244 186,019 113,732 12 1,219 d d d Amount (25) 3,456,810 2,071,963 11,582 805,051 547,459 318 1,787 d d d
All returns Complex trust Grantor trust [1] Simple trust Decedent's estate Bankruptcy estate Qualified disability trust Split-interest trust Qualified funeral trust Pooled income fund
d Data 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] Other deductions not subject to the 2 percent floor, including bond premiums, casualty and theft losses, clean-fuel vehicle deductions, and net operating losses. [3] Only values greater than zero were recorded for taxable income. [4] 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. [5] Includes 288,856 returns with negative gross income, but excludes 1,397,874 returns with zero gross income. Returns with zero gross income may have amounts for components of gross income shown in columns 4 through 19. NOTE: Detail may not add to totals because of rounding.
Number (20) 2,415,418 1,276,429 16,732 734,674 370,550 163 6,510 6,399 3,185 776
Amount (21) 69,076,214 31,344,248 536,348 23,066,152 12,506,648 14,582 57,784 1,486,104 33,120 31,227
SOURCE: IRS, Statistics of Income Division, October 2007.
Table 2.--Fiduciary Income Tax Returns, Income Source, Deductions, and Tax Liability, by Type of Entity, Filing Year 2006 [Money amounts in thousands of dollars]
Deductions Type of entity Fiduciary fees Number (26) 726,738 413,646 5,641 230,588 69,749 29 2,066 2,903 1,786 330 Amount (27) 4,233,939 2,124,627 26,993 1,361,517 655,020 515 7,730 34,627 21,676 1,234 Charitable distributions deduction Number (28) 89,148 65,839 366 0 17,877 10 146 4,506 0 404 Amount (29) 5,401,607 2,652,409 6,448 0 1,546,357 1,330 662 1,187,996 0 6,405 Attorney, accountant, and return preparer fees Number (30) 1,274,011 653,552 7,253 380,482 224,164 43 3,219 3,271 1,840 187 Amount (31) 3,128,210 1,082,818 9,889 485,238 1,531,712 1,450 5,017 10,664 1,274 148 Other deductions [2] Number (32) 407,440 186,592 1,272 96,581 119,392 96 932 2,004 465 106 Amount (33) 5,672,479 3,500,580 23,682 986,026 1,097,339 8,348 6,630 42,837 6,708 329
All returns Complex trust Grantor trust [1] Simple trust Decedent's estate Bankruptcy estate Qualified disability trust Split-interest trust Qualified funeral trust Pooled income fund
d Data 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] Other deductions not subject to the 2 percent floor, including bond premiums, casualty and theft losses, clean-fuel vehicle deductions, and net operating losses. [3] Only values greater than zero were recorded for taxable income. [4] 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. [5] Includes 288,856 returns with negative gross income, but excludes 1,397,874 returns with zero gross income. Returns with zero gross income may have amounts for components of gross income shown in columns 4 through 19. NOTE: Detail may not add to totals because of rounding.
SOURCE: IRS, Statistics of Income Division, October 2007.
Table 2.--Fiduciary Income Tax Returns, Income Source, Deductions, and Tax Liability, by Type of Entity, Filing Year 2006 [Money amounts in thousands of dollars]
Deductions Type of entity Allowable miscellaneous deductions Number (34) 253,718 147,921 483 70,899 32,680 19 576 922 193 25 Amount (35) 1,608,051 1,030,509 2,998 400,126 149,732 383 2,625 19,816 1,826 36 Income distribution deduction Number (36) 1,203,994 472,644 9,955 605,229 111,444 15 1,396 2,567 31 713 Amount (37) 42,259,345 16,761,617 440,645 18,433,834 6,432,772 1,991 12,945 152,687 15 22,838 Estate tax deduction Number (38) 8,250 2,889 166 1,542 3,622 d 22 7 0 d Amount (39) 225,735 68,848 2,594 23,142 130,797 d 95 213 0 d Exemption Number (40) 2,185,519 1,179,018 9,357 695,379 288,501 d 6,374 6,161 43 d Amount (41) 535,535 132,504 1,662 207,420 173,112 d 19,687 947 4 d
All returns Complex trust Grantor trust [1] Simple trust Decedent's estate Bankruptcy estate Qualified disability trust Split-interest trust Qualified funeral trust Pooled income fund
d Data 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] Other deductions not subject to the 2 percent floor, including bond premiums, casualty and theft losses, clean-fuel vehicle deductions, and net operating losses. [3] Only values greater than zero were recorded for taxable income. [4] 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. [5] Includes 288,856 returns with negative gross income, but excludes 1,397,874 returns with zero gross income. Returns with zero gross income may have amounts for components of gross income shown in columns 4 through 19. NOTE: Detail may not add to totals because of rounding.
SOURCE: IRS, Statistics of Income Division, October 2007.
Table 2.--Fiduciary Income Tax Returns, Income Source, Deductions, and Tax Liability, by Type of Entity, Filing Year 2006 [Money amounts in thousands of dollars]
Type of entity
Taxable income [3]
Total tax liability [4]
Estimated and applied payments
Estimated tax payments allocated to beneficiaries Number (48) 3,143 2,193 42 487 410 d d 8 0 0 Amount (49) 67,269 49,456 2,101 7,958 7,495 d d 203 0 0
All returns Complex trust Grantor trust [1] Simple trust Decedent's estate Bankruptcy estate Qualified disability trust Split-interest trust Qualified funeral trust Pooled income fund
d Data 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] Other deductions not subject to the 2 percent floor, including bond premiums, casualty and theft losses, clean-fuel vehicle deductions, and net operating losses. [3] Only values greater than zero were recorded for taxable income. [4] 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. [5] Includes 288,856 returns with negative gross income, but excludes 1,397,874 returns with zero gross income. Returns with zero gross income may have amounts for components of gross income shown in columns 4 through 19. NOTE: Detail may not add to totals because of rounding.
Number (42) 989,235 645,042 10,711 231,213 95,044 393 1,944 1,600 3,176 112
Amount (43) 69,930,063 48,237,757 303,755 15,473,817 5,296,381 12,732 29,617 368,068 207,397 539
Number (44) 983,814 638,634 10,266 231,192 94,866 1,990 1,964 1,616 3,169 117
Amount (45) 14,751,202 10,573,419 90,691 2,770,059 1,190,829 27,315 7,183 75,497 16,110 99
Number (46) 474,417 326,527 5,239 127,199 13,477 d d 1,121 0 76
Amount (47) 8,293,809 6,373,411 65,186 1,479,976 313,558 d d 50,194 0 78
SOURCE: IRS, Statistics of Income Division, October 2007.
Table 2.--Fiduciary Income Tax Returns, Income Source, Deductions, and Tax Liability, by Type of Entity, Filing Year 2006 [Money amounts in thousands of dollars]
Type of entity
Tax paid with extension
Federal income tax withheld
Other payments
Total prior payments
All returns Complex trust Grantor trust [1] Simple trust Decedent's estate Bankruptcy estate Qualified disability trust Split-interest trust Qualified funeral trust Pooled income fund
d Data 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] Other deductions not subject to the 2 percent floor, including bond premiums, casualty and theft losses, clean-fuel vehicle deductions, and net operating losses. [3] Only values greater than zero were recorded for taxable income. [4] 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. [5] Includes 288,856 returns with negative gross income, but excludes 1,397,874 returns with zero gross income. Returns with zero gross income may have amounts for components of gross income shown in columns 4 through 19. NOTE: Detail may not add to totals because of rounding.
Number (50) 74,293 53,585 398 11,125 8,717 71 98 299 0 0
Amount (51) 5,158,854 4,100,704 19,725 576,756 426,215 5,399 409 29,646 0 0
Number (52) 43,655 16,473 482 7,165 19,235 d d 117 0 0
Amount (53) 202,424 86,740 3,172 24,256 86,914 d d 192 0 0
Number (54) 2,449 836 27 479 162 d d 3 938 0
Amount (55) 11,954 892 1,244 1,055 550 d d 4 8,199 0
Number (56) 543,196 356,414 5,913 138,789 38,670 254 823 1,294 963 76
Amount (57) 13,599,772 10,512,291 87,226 2,074,085 819,742 13,510 4,806 79,834 8,199 78
SOURCE: IRS, Statistics of Income Division, October 2007.