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Borrow From Yourself Example - Compressed

This document pertains to the fiduciary relationship concerning the estate of Kristina Meredith Wilson, detailing the authority, nature of liability, and tax notices associated with the estate. It includes sections for revocation or termination of prior notices and the appointment of substitute fiduciaries. The document is intended for submission to the Internal Revenue Service for compliance with tax obligations related to the estate.

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Tom Harkins
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100% found this document useful (2 votes)
371 views22 pages

Borrow From Yourself Example - Compressed

This document pertains to the fiduciary relationship concerning the estate of Kristina Meredith Wilson, detailing the authority, nature of liability, and tax notices associated with the estate. It includes sections for revocation or termination of prior notices and the appointment of substitute fiduciaries. The document is intended for submission to the Internal Revenue Service for compliance with tax obligations related to the estate.

Uploaded by

Tom Harkins
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Notice Concerning Fiduciary Relationship (tomal Revenue Code Sections G06 ana 505) ona No. 16078 20 t mw gor/Foms for instructions andthe letest information. identification Tan pean ermon yu we ins ia ORT ST a {GRISTINA MEREDITH WILSON ESTATE as aa aga og FSS IO RE TTR OAT asst Po Ta aTSGh Ae, 6 FATED ravers name Krttina-Merodath Wilson ‘Ries of lucy frumbr see ard Ta oF aa in care of Kristina. Merah Wl Goro wala, na Poole “Tarane rare K ‘Section A. Authority 1 Authorty for ficuclany relationship. Check applicable Box: Z Court appointment of testate estate (valid wil exits) 1D Court appointment of intestate estate (no valid wil exists} 1D Court appointment as guardian or conservator Gi Fiduciary of intestate estate Gi Val trust instrument and amendments: G1 Bankruptcy or assignment for the benefit of creditors (Other, Describe: By assignment at Birth and SS-4 If box 1a, 1b, tds checked, enter the date of death: box to, 1, 1,0 1g is checked, enter the date of appolnimant, taking ofce, or assignment or transfor of assets: 04/20/20 eBareacce Nature of Libilty and Tax Notices “Type of taxes (check all that apply: LC] income [] Gift CleseiseC) Other describe _ a Federal tax form number (check all that apply: @ [1 706series b (J709¢ [1940 e (1) 1040 0r1040-SR_ ft 1041 =g11120 th Other (list: 1099s) _ ss . your authority as a fiduciary does not cover all years or tax periods, check here te aes ee oP and ot te specie yrs or periods within your autho: ‘Estate C) Generation skipping wansfer CJ Employment For Paperwork Reduction Act and Privacy Act Notice, see seperate instructions. (aL No. 16575) ar 6 11-2022) Page Hevocation or Termination of Notigs ‘Section A~Total Revocalion or Termination 3 Grek is box you ae evoking or erinating al pre nofcesconceing ue elaionshps on lo with the lea ea east sar tar rater and years pera covered by te tice concen Rau reaonship Reason for triton of cir relationship. Oneck appilcable box Cl Court order revoking fiduciary authority: Cortoats of ison or tormination of business entity Wson Sle Srl Fu ‘action 8—Partial Revocation Ja Gheok this box il you are revoking eater notices concerning fiduciary retationships on fle withthe Internal Revenue Servi ‘or the seme tax matters and years or periods covered by this natioe concerning iduciery relationship, hat 1b Spooify to whom granted, dete, and address, including ZIP code, Section C—Substitute Fiduciary ‘8 Check ths box if new fiduciary or fiducterles have been or wil be substituted forthe revoking or terminating fiduciary and specty the name(s) and address(ec), including ZIP code(s), ofthe new fiduciayas) ow ee ee ee es Court and Administrative Proceedings Be can bare con posi Ho a eo oe anG aS TOT Taare at aaa TTT ae aR a Fe an | Don. ‘Under penatis of pry, [declare hat have eccmined tis document, ncuding any accompanying statements, and to thebestof my fe and belle is tue, corect, and complete. “Tae, Fecrable Fo 66 few 200 om 56 Notice Concerning Fiduciary Relationship anor a (mtralRevanue Cade Sacto 608 and 6) cs. 15208 eT ee Go to wwnire.gov/Forms for instructions andthe latest information. Identification : a eet pan a oyu ar GA He TE ae ‘kRISTINA M WILSON 9% = [ze fei whan yao FID, HH, STO O BORO) ee ee Tanya esti rath son Sea Ray hone a TO TEL ——— Bayar tia aoa SETA Killeen, Texas 76542 if ) Section A. Authority Ratha for feucaryTkainshp, Check aplcable bor court appointment of estate estate (vals wl ext) Gl Court appointment of intestate estate (no valid wll exists) 1 Court appointment as guardian or conservator 1 Peuciryofitstate eta 1 Vale uct nctument and amendments 15 Bareuptay or asignent othe bene of reiors Other Deseo: By assignment sm and SS-4 2a. box ta, 10,01 checked, ener the date of doi “ thax tof o gfe cock enter the dt of porting ice or assent orantr of ace: 92012 Section B. Nature of Lisbilty and TaxNotices ‘3 Type of taxes (check all that apply: CJ income C] Gift Ch Bcise Other (describe): : _. 4 Federal tax orm umber (check allhat appli: © C1708 saies BCI 705 Other (is): 10998) Estate C) Generation-skipping Wansfer [] Employment od Cail, 94, aaa e Ctosoortoso-sr ft wt08 og LIt120 bh ‘5 fyourauthorty as a fiduclary does not cover all years or tax periods, check here and list the specific years or periods within your authority: ‘For Paperwork Reduction Act and Privacy Act Notice, eee separate Insiuctions. (Oat Ne 6573 erm 88 fey. 11-2022) Fem 11-2000 a0 Revocation or Termination of Notice ‘Section A—Total Revocation or Termination @ Check his box Ifyou are revoking or terminating al prior notices corcering fiduciary relationships on fle wih the Items Fovenue Serves forthe samo tox raters and yeers or periods covered by this raticeconcering fiduciary relationship Reason for ormination of féuciary relationship. Cneck applicable box: Gl Court order revoking fiduciary authority Cortificate of dissolution or termination of a business entity Other, Deserber Kaistne serach Wison I Solo Snir Fiduca. - Section 8—Pariial Revocation - “Check tis box if you are revoking earlier notices concerning fiduciary relalonships on file withthe Internal Revenue Service ‘or the same tax matters and years or periods covered by this notice conoerning fiduciary relationship ao bSpooify to whom granted, date, and address, including ZIP code, Section C—Substitute Fiduciary 'B Gheok ths box Ifa new fiduciary o fiduciaries have been or wil be substituted forthe revoking or terminating fiduciary and specty the name(s) and adresse) Including ZIP code(s), of the new fiduciaryes) «ss sO Court and Administrative Proceedings Cee ear cna ban acout prod nh yl pearg ao TROT Sa AT rane TTT Say aia i Ae ta LS oo Oem ‘Signature ‘Dede penalties of perry, 'dedare that Ihave examined this document, including ny accompanying statements, ond t the best of my and belt, is true, correc, and complete bn cecil Iibifen —etaacive Yaya Ferm 58 hw. 12020) oonetewe bI64 f= 1086 Annual Summary and Transmittal of [ous et c18] owas ese U.S. Information Retums | 2022 ona ann | [pers rams “iste -Meradfa LolSar ‘Seat adcress flung ram or aut number) Era edens| For Official Use Only falvineunjan) —_ usb or Paes Sn a ‘ me frye femme ya ome [ara] ee ae fet eee) eye olololololololjolojolojo|o\o|o|o|6 ololo}@|ofolojojojojojojojojol}ojo} Return this entire page to the intemal Revenue Service. Photocopies are not acceptable. Send this form, with the copies of the form checked in box 6, to ‘the IRS in a flat mailer (not folded). ‘rd pelos of pay, dolar rat Tave canned ia um and aecorparsig docurenis ard tothe best ofmy knowl and bel ey rerun caret, sracompite Signature > Leaatdinaase theese sth, libdbloce Two Zyeccrtre— Instructions Future developments, Fr the latest information about developments Fags oem 1008, uch ag ell enacted ar was Reminder. The only acceptable mthod of electronical fll Information rears listed on tis form In box 6 with the IS i through the FIRE System See Pub. 1220. ‘Purpose of form. Use this frm to vansmit paper Forms 1097, 108, $098, 3921, 3922, 5498, and W-2G tothe IAS, ‘Caution: It you ae required to fe 250 or mare information returns of fry one type fexcuding Form 1036-F, you must le electronical. f Jerse raged eco it ial oo, you et an approved wale, you may be subject to penalty. The Taxpayer Prat Act of 2010, enacted July 1, 2019, authorized the Department ofthe Treasury andthe IRS to issue reguation that ‘educe the 260-rtum requrement for 2021 tx tums, I those Feoultions are saued and effective for 2022 tax retums requred to be fled in 2023, we wl post an artic at ww. gouFon' 096 tspianing the change, Unb reculations are sued, however, the umber remains et 250, a riected in those Instructions. For more Information, see part Fin the 2022 General nsructions for Certan Information tur. Forms 1990-O and 5486-QA can be fled on paper only, regardless cof the number frets, Who must flo. Ary person or ently who les any ofthe forms shown intine 8 above mut fe Form 1098 t transmit thoes forms tothe IRS. Caution: Your name and TIN must match the name and TIN usec on Your 94x eerie tax return) o: you may be subject to information ole penales. Do not use the name andlor TIN of your paying agent ‘or service bureau omer 3/24 rote lar ane, aes renga, sts, ahr nt ur so tp toto rune (TN nth epoca Sete ie Ee nae sarc, arg Tot eer is Rensrsipe here fers engage et eet ‘When to file File Form 1098 as follows. ‘an re 157,108, 09, 52%, 9822, 0°26, fl by Feb 028 Sh ors 156-NEC, by Jar 3, 2028. 5 wan Fore 468, by May 31, 202, Where To File ‘Send all inermationretums fled on paper with Form 1096 t the following your principal business, office ‘of agency, oF legal residence in Use the folowing ‘he cage ofan Individual, Is adress Tocated in = = or more information and the Privaoy Ast and Paperwork Reduotion Act Notice, ntormation | 500 ine 2022 General Ineuuctions for Certain Returns. Gat. Ne. 144000 Foon 1088 2022) bab Divo __[) correcTED SAREE Nave on ssacas GH Sa cron nan, ] Ogle coset [OWS No 1ST Bemarpaan dane Erere rh ron 1099-O1D| Original Issue * Discount "2 Other pariocic interest Leper mr s aaa SET Say ian oy [Fogel ne a vit =i s Is 35,137.00 ad 38-659 0512. treme ne Internal Reverso s i$ Service Center Steams Oncing a m8 Abe West Crime CENTER DR ALLY Bank Peek Feist. aie ee Ue. DEPT OF ReSnncl, For Privacy Act bolt 85987 3. ED ON ACCT | eae with Form 1008. ayn Sab Fa, ca a rain psoas esos ease oa oo = Notice, ee the Sapo UT 8407 ans f asaas — |p acer el Instructions for o Certain Is 6 Information Tea ao oe no) —_— 158 31348474¢e Form 1099-OID fev. 10-2019) ‘Gat. No, 14421F ‘yroncire.gou/Form'098010 Department of the Treasury - intemal Revenue Service Do Not Cut or Separate Forms on This Page — Do Not Cut or Separate Forms on This Page Sb46 ‘VOID, CORRECTED PAVERS nama, ect dress, oy of or ros, onaky,—] 1 Oigialieaus Gaunt Tor 2 or foreign postal code, dl ‘ha year OHS No. A607 is \rom 1088-O1D| Original Issue jr. ct 201 Discount ‘ine penedeneeest |" Foreaendar year 8. eo PAYERS REGENTS TH ‘2 Ear witicrawal poraly | 4 Federal income tx wield ae s \s ‘6 Marat Gacourt ‘CAcauialion rari ag aS cae is . Internal Fevenue ‘T Besotetion Solel Soe Fite with Form 1086. ‘Bet eseronefcivang ape m0) For Privacy Act ‘and Paperwork eTown sae curvy, na 2 ot code | OOrighal sue deoointon [8 westnant ‘Gay town sia or provinoe, cour, end 2P cr foreign posal ow rexperaes Reduction Act ‘ecount roar os ransatone) Form 1098-O1D fev 162019) Geena TR Wane grow ‘Decarimert of ha Teas ral Revenue Sanice §1041 TS"income Tay Retum for Estates and Trusts | 2022 | oem veo Retui BS een ator frineruetors wd 1 Gckaltat eer” Fr calendar year 2022 or flaca yar beginning Boe, and ending 20, A owcadents tte ‘ae ei rt retry YU, se tv rwusons) ‘Esler eign number site tut |KRISTINA MEREIDTH WILSON ESTATE Tlosnpiec tot | ame aie of iny Basa creates Clowaites ieaty net KRISTINA-MEREIDTH WILSON EX smo Sess oon comm = ae = Deariruptcy estte—On.7 leciency cnte—on 1 [Saaz sac San rd ZP PO ee [Ddescrted in ec. 4087). Cech hare ‘trotaprieofoundaten {CPeoesivonn tnd oes insc. 02 5 Homer ofsereducsRT|F Oba Ctl etn Tiveaiean Claridon TInt pwatng xs anne Meese 3 seo {eit compe rutenare []Charpein tay []Orngen ucin/srane_()Chngeinicr/s ose ‘check vai fing st mde a acon 65 lon. i tase JA toestiome. i 3 | aa Total ordinary dvdends «<< Sere ean Ere 2a 0 ‘b Quaid evidence alocabe to: (1) Benatar © hese or tust_ | 3 Buares mame od) tun Sse Corr ans Ls| 0 Capt gainor ose) Attach Schedule DfForm 7047). 2s ss wwe oe ws PAL ° 8) 5 Schelhics srr dere mats at tan Sends Eom 1o®) - - S 3 = 6g Farmincome or floss). Attach Schedule F Form 1040). + + = vee) POL ° | 2 Oxdinary gain or ose). Attach Form 4787... se ee 7 0 8 Other income. List type and amount - ° [9 Total ncome. Combine nes 1, 2a, and trough 8 ie 3 170 rts. Check Form as atiached CI. ss 3 41 Tews. mas aise no o | 12 Fi es. toy a portions deduce undr section 071,868 suction ° | 49. Chr deduction rom Seneca 20 —e | 19 tomy, secourtant. and rtum preparer fos. ir only a portion is deductible under section 67(@), a) ssoinstuctens ss paamieeerer erry t ° 18a oer deauatons tech schecu) See nseuctons for deductions alowabe under secon 67) [48aj £["% Ceetceeansn tuteiwinw scstc et tse oth x] 3/16 Addines 1Otirough 15D. a ae ee Pelee @ 8/47. Adjusted total income or oss). Subtract fine 16 from tine - [a7 | 18 Ineame disibution deduction (rom Schedule B, ne 15) Attach Schedules 1 Form 7041) . | 18. ° TO Estat tax deduction including certain generetion-skipping taxes attach computation) = - a 22 Guainad buriness mcome deduction. Atacn Form 6e00 or 8885-A «ss = + ° 21 Exemption seaparacemerari way Neier pole ° 22 Addtnes 1Siwough21 22 ° $2 Taxable come, Subtractiine 22 om Ine 17. Faloss, seeinstuctons « [es 0 2[e WaretgerocceGPatied vv ese ss fat B25 Curent year net 95 tax aby paid rom Form 965-A, Par I, ok 200 Instructions) [25 o 3125 Tota paymont fom Sched, Parti ne) ss st (28 | ° | Sea in had se (21 | o BL, Tex ae: ine 20 slr tanto toil of ies 26,25, and27,erteramountowed «=» [28 0 £|29 Overpayment ne 2s lrger han he otal ines 24,25, and 27, eter amount overpaid» = | 29 ° 30 Amount of tne 29 to be: a Credited to 2023 bRefunded 30 ° ?__ Amour of 2 Oe errs sarc ta om, pour capana ceases ea ape wa fee Jenne Sign| pr fey soec en Sta conor o ee ton A Here Lethe. _\E a23,_| tN re reerg ary Cae eng Tae ah Paid | Mie peeee/ rane ood Dae Preparer |— Fan nama [roman Use Only | rie aites [renee For Paperwork Reduction Act Notice, see the separate instructions. (at Ne FS7OH Ferm 104 02) fone ‘Charitable Deduction: Dorit compte fora simple ust ora pooled come fund. Page 2 Sarre pad or pernarerty sot wide Tr chertable purposes rom goss ome. Se cucSone [4 = 2 Tavoxonptneamealcable to chrtalconrbutons.Seehanuetrs =. = «TB ° 3° Subtract ine 2 from ine +. 2 @ 4 Capital gen for he tx yoar soca to orp sod pido permanent set aide for chartiabio purposes... DER EaE : 4 ° 5 Addlines sand 4 et 3 3 8 Section 1202 eclision aoceble 10 capital oars pad o pamaneiy set aside for chartabio purposes. See instructions... + + - © 7 Carat deduction Subtarine tem ne. Entorhoreandonpagetuine13 TF @ Tneome Distribution Deduction = Adustediotalincome, Seaistuciong .....7 7 ess [Ot 3 2 Adjusted tax-ovemptintorest .« = are o Tota net gan rom Schedule D (Form 1041, ine 1, olunn (1). See instructions Dll pay ° 4 Enfor amount from Schedule A ine 4 (rinus any allocable section 1202 excision)... . . [a 3 {5 Capa gains forthe tax year nchided on Schedule Aline 1. See instructions. Ce oe 8 Enter ay gn tom page ine 4a naga uber page ed isalss, ote telosac positive number 6 ° 1 Dlstilutable nat income. Coben 1 trough 6 1 20 ot iss, anor wacwien LF ° 8 We complex ust, erfer accounting come forte tx year a8 deere Under the governing intument and applicable locallaw =. ss + 9 Income required tobe distributed curently... vee 18 ° 40 Other amounte pai, creitod, or otherwise requredtobedtibuied «vs. ss [10 ° 11 Toto dros, Add tee 9 an 10.1 greater than no opinions = = ss LHD ° 12. Entorthe amount oftax-exemnpt ncome incuded online. ee ee [AB 43. Tentative income dstrbution deduction, Subtractiine 12 om ine 11... « Dit Gey 3 Te Tontate ncome dsotion Seducton, Subtract ine 2 rom ine 7.1.20 o less ener -O- ° 45 _ Income dlstrbution deduction, Enter the amar of no 13 or Ene 14 here and on page, tho 18 3 "Tax Computation and Payments (see instructions) Part | — Tax Computation 1 Tar T ‘a Taxontarable income. Seeinstuctions 2. ee es + Lal D 'b Taxon lump-sum efstbutions. Attach Form 4972 Do) Ge ° e Atte nan a em Sedo er 14), on te ol Total. Addines 1athrough te. . yew aaah Bem La 2a Foreigntaxcredt. AtachFom i116. 0 2. es [Be o) Generel business oreo Ataon Form 3860. ¢ at a, © Credit for prior year minimum tax. Attach Form 8801 +: Dl [ae o @ Bond eects. Atach Form 8812... ws. Ll.t. [ae ° Total oredits. Add lines 2a through 24 oe ee 20 ° 3° Subtract ine 2e rom ine 14, I'zer orlese, anter-0- ame LS o 4 “econ he ESET prion oho ts am ES ax Wore ne 7, Soins nab all ° 5 _Netinvestment income tax rom Form 8960,lne21.. = ss cia (Sl ° 5 Recapture tos, Gheckif rom C]Ferm 25s. Form 61% © 7. Household employment taxes. Attach Schedule H (Form 1040) « eo 8 Othertexes and amounts duo. LeEea ees ° 9 Total tax. Add lines 8 through 6, Enterhece and on page tyIne2@4v sy | —o = Payments “(02002 estimated tax paymonts and amount applied from 200 return =. (o,_ 3 1 stra ayers octet neon frm Fom 104-1 = « tt 2 42° Subiract Ine 11 from Hine 10... : Pa Pore (3 o 48 Tax paid with Form 7008. Sos insttuctions -« peewee 73 ° 4 Federal incor tax wield. any irom Fore) 1090, chock hw 2 bie 14 eis 1S Curent year net 905 tar lebity rom Form 965-A, Pat, eohima ® (Seeirsivctions) ss. «15 o 46 Other payments: a Form 2439 3 bForm 4196 Total - ie] ° 47 Credit for quatfed sick and family lave wages or leave taken before Api 1, 2021”... (a7 ° {8 Crt for quod sk an fart lowe weps for ave taken ter March St, 2021, and before October 1, 2021 18 ° 40._Totel pment Ad! ines 12 trough 1 and T8ctrough 18, Enter ere anon page tne 26 Hiab Fem 1041 coxa

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