File your Taxes for Free!
  • Get your maximum refund*
  • 100% accurate calculations guaranteed*

TurboTax Federal Free Edition - File Taxes Online

Don't let filing your taxes get you down! We'll help make it as easy as possible. With e-file and direct deposit, there's no faster way to get your refund!

Approved TurboTax Affiliate Site. TurboTax and TurboTax Online, among others, are registered trademarks and/or service marks of Intuit Inc. in the United States and other countries. Other parties' trademarks or service marks are the property of the respective owners.


© 2012 - 2018 All rights reserved.

This is an Approved TurboTax Affiliate site. TurboTax and TurboTax Online, among other are registered trademarks and/or service marks of Intuit, Inc. in the United States and other countries. Other parties' trademarks or service marks are the property of the respective owners.
When discussing "Free e-file", note that state e-file is an additional fee. E-file fees do not apply to New York state returns. Prices are subject to change without notice. E-file and get your refund faster
*If you pay an IRS or state penalty or interest because of a TurboTax calculations error, we'll pay you the penalty and interest.
*Maximum Refund Guarantee - or Your Money Back: If you get a larger refund or smaller tax due from another tax preparation method, we'll refund the applicable TurboTax federal and/or state purchase price paid. TurboTax Federal Free Edition customers are entitled to payment of $14.99 and a refund of your state purchase price paid. Claims must be submitted within sixty (60) days of your TurboTax filing date and no later than 6/15/14. E-file, Audit Defense, Professional Review, Refund Transfer and technical support fees are excluded. This guarantee cannot be combined with the TurboTax Satisfaction (Easy) Guarantee. *We're so confident your return will be done right, we guarantee it. Accurate calculations guaranteed. If you pay an IRS or state penalty or interest because of a TurboTax calculations error, we'll pay you the penalty and interest.
https://turbotax.intuit.com/corp/guarantees.jsp

File Income Taxes Online

2012 Income Tax FormsFill Out 1040ez OnlineWww Freefillableforms ComHow To File My 2011 TaxesFiling My State Taxes FreeHow To File Late Tax ReturnsIrs 1040ez Instructions 2012How Far Back Can You Amend Tax ReturnsFile An Amended Tax Return For 2011E File Tax Return2011 Tax Forms And Instructions 1040How To Amend 2011 Tax Return1040x Fillable FormHelp Amending Tax ReturnFile My Taxes OnlineWhere To File 2011 Tax ReturnH&rblock Free File1040ez 2012 FormPrintable 1040ez Tax FormFree 2007 Taxes OnlineFile Taxes For 2011Irs 1040x 2012File 2010 Taxes TurbotaxForm 1040nr SoftwareHow To File An Amended Tax Return For 20112011 Tax Form 1040ezTaxWhere Can I File My 2012 Taxes Online For FreeFile State Tax ReturnFile A 1040xFree E File 2011 TaxesStatetaxformsAmend Tax Return 2011Federal Income Tax AmendmentTax Form 1040ez Instructions1040a Or 1040ezFree State E FileCan 1040x Filed ElectronicallyFile 2007 Tax Return Online Free2011 1040ez Tax Form

File Income Taxes Online

File income taxes online 3. File income taxes online   SIMPLE Plans Table of Contents Topics - This chapter discusses: Useful Items - You may want to see: SIMPLE IRA PlanWho Can Set Up a SIMPLE IRA Plan? Who Can Participate in a SIMPLE IRA Plan? How To Set Up a SIMPLE IRA Plan Notification Requirement Contribution Limits When To Deduct Contributions Where To Deduct Contributions Tax Treatment of Contributions Distributions (Withdrawals) More Information on SIMPLE IRA Plans SIMPLE 401(k) Plan Topics - This chapter discusses: SIMPLE IRA plan SIMPLE 401(k) plan Useful Items - You may want to see: Publications 590 Individual Retirement Arrangements (IRAs) 3998 Choosing A Retirement Solution for Your Small Business 4284 SIMPLE IRA Plan Checklist 4334 SIMPLE IRA Plans for Small Businesses Forms (and Instructions) W-2 Wage and Tax Statement 5304-SIMPLE Savings Incentive Match Plan for Employees of Small Employers (SIMPLE)–Not for Use With a Designated Financial Institution 5305-SIMPLE Savings Incentive Match Plan for Employees of Small Employers (SIMPLE)–for Use With a Designated Financial Institution 8880 Credit for Qualified Retirement Savings Contributions 8881 Credit for Small Employer Pension Plan Startup Costs A savings incentive match plan for employees (SIMPLE plan) is a written arrangement that provides you and your employees with a simplified way to make contributions to provide retirement income. File income taxes online Under a SIMPLE plan, employees can choose to make salary reduction contributions to the plan rather than receiving these amounts as part of their regular pay. File income taxes online In addition, you will contribute matching or nonelective contributions. File income taxes online SIMPLE plans can only be maintained on a calendar-year basis. File income taxes online A SIMPLE plan can be set up in either of the following ways. File income taxes online Using SIMPLE IRAs (SIMPLE IRA plan). File income taxes online As part of a 401(k) plan (SIMPLE 401(k) plan). File income taxes online Many financial institutions will help you set up a SIMPLE plan. File income taxes online SIMPLE IRA Plan A SIMPLE IRA plan is a retirement plan that uses SIMPLE IRAs for each eligible employee. File income taxes online Under a SIMPLE IRA plan, a SIMPLE IRA must be set up for each eligible employee. File income taxes online For the definition of an eligible employee, see Who Can Participate in a SIMPLE IRA Plan , later. File income taxes online Who Can Set Up a SIMPLE IRA Plan? You can set up a SIMPLE IRA plan if you meet both the following requirements. File income taxes online You meet the employee limit. File income taxes online You do not maintain another qualified plan unless the other plan is for collective bargaining employees. File income taxes online Employee limit. File income taxes online   You can set up a SIMPLE IRA plan only if you had 100 or fewer employees who received $5,000 or more in compensation from you for the preceding year. File income taxes online Under this rule, you must take into account all employees employed at any time during the calendar year regardless of whether they are eligible to participate. File income taxes online Employees include self-employed individuals who received earned income and leased employees (defined in chapter 1). File income taxes online   Once you set up a SIMPLE IRA plan, you must continue to meet the 100-employee limit each year you maintain the plan. File income taxes online Grace period for employers who cease to meet the 100-employee limit. File income taxes online   If you maintain the SIMPLE IRA plan for at least 1 year and you cease to meet the 100-employee limit in a later year, you will be treated as meeting it for the 2 calendar years immediately following the calendar year for which you last met it. File income taxes online   A different rule applies if you do not meet the 100-employee limit because of an acquisition, disposition, or similar transaction. File income taxes online Under this rule, the SIMPLE IRA plan will be treated as meeting the 100-employee limit for the year of the transaction and the 2 following years if both the following conditions are satisfied. File income taxes online Coverage under the plan has not significantly changed during the grace period. File income taxes online The SIMPLE IRA plan would have continued to qualify after the transaction if you had remained a separate employer. File income taxes online    The grace period for acquisitions, dispositions, and similar transactions also applies if, because of these types of transactions, you do not meet the rules explained under Other qualified plan or Who Can Participate in a SIMPLE IRA Plan, below. File income taxes online Other qualified plan. File income taxes online   The SIMPLE IRA plan generally must be the only retirement plan to which you make contributions, or to which benefits accrue, for service in any year beginning with the year the SIMPLE IRA plan becomes effective. File income taxes online Exception. File income taxes online   If you maintain a qualified plan for collective bargaining employees, you are permitted to maintain a SIMPLE IRA plan for other employees. File income taxes online Who Can Participate in a SIMPLE IRA Plan? Eligible employee. File income taxes online   Any employee who received at least $5,000 in compensation during any 2 years preceding the current calendar year and is reasonably expected to receive at least $5,000 during the current calendar year is eligible to participate. File income taxes online The term “employee” includes a self-employed individual who received earned income. File income taxes online   You can use less restrictive eligibility requirements (but not more restrictive ones) by eliminating or reducing the prior year compensation requirements, the current year compensation requirements, or both. File income taxes online For example, you can allow participation for employees who received at least $3,000 in compensation during any preceding calendar year. File income taxes online However, you cannot impose any other conditions for participating in a SIMPLE IRA plan. File income taxes online Excludable employees. File income taxes online   The following employees do not need to be covered under a SIMPLE IRA plan. File income taxes online Employees who are covered by a union agreement and whose retirement benefits were bargained for in good faith by the employees' union and you. File income taxes online Nonresident alien employees who have received no U. File income taxes online S. File income taxes online source wages, salaries, or other personal services compensation from you. File income taxes online Compensation. File income taxes online   Compensation for employees is the total wages, tips, and other compensation from the employer subject to federal income tax withholding and the amounts paid for domestic service in a private home, local college club, or local chapter of a college fraternity or sorority. File income taxes online Compensation also includes the employee's salary reduction contributions made under this plan and, if applicable, elective deferrals under a section 401(k) plan, a SARSEP, or a section 403(b) annuity contract and compensation deferred under a section 457 plan required to be reported by the employer on Form W-2. File income taxes online If you are self-employed, compensation is your net earnings from self-employment (line 4 of Short Schedule SE or line 6 of Long Schedule SE (Form 1040)) before subtracting any contributions made to the SIMPLE IRA plan for yourself. File income taxes online How To Set Up a SIMPLE IRA Plan You can use Form 5304-SIMPLE or Form 5305-SIMPLE to set up a SIMPLE IRA plan. File income taxes online Each form is a model savings incentive match plan for employees (SIMPLE) plan document. File income taxes online Which form you use depends on whether you select a financial institution or your employees select the institution that will receive the contributions. File income taxes online Use Form 5304-SIMPLE if you allow each plan participant to select the financial institution for receiving his or her SIMPLE IRA plan contributions. File income taxes online Use Form 5305-SIMPLE if you require that all contributions under the SIMPLE IRA plan be deposited initially at a designated financial institution. File income taxes online The SIMPLE IRA plan is adopted when you have completed all appropriate boxes and blanks on the form and you (and the designated financial institution, if any) have signed it. File income taxes online Keep the original form. File income taxes online Do not file it with the IRS. File income taxes online Other uses of the forms. File income taxes online   If you set up a SIMPLE IRA plan using Form 5304-SIMPLE or Form 5305-SIMPLE, you can use the form to satisfy other requirements, including the following. File income taxes online Meeting employer notification requirements for the SIMPLE IRA plan. File income taxes online Form 5304-SIMPLE and Form 5305-SIMPLE contain a Model Notification to Eligible Employees that provides the necessary information to the employee. File income taxes online Maintaining the SIMPLE IRA plan records and proving you set up a SIMPLE IRA plan for employees. File income taxes online Deadline for setting up a SIMPLE IRA plan. File income taxes online   You can set up a SIMPLE IRA plan effective on any date from January 1 through October 1 of a year, provided you did not previously maintain a SIMPLE IRA plan. File income taxes online This requirement does not apply if you are a new employer that comes into existence after October 1 of the year the SIMPLE IRA plan is set up and you set up a SIMPLE IRA plan as soon as administratively feasible after your business comes into existence. File income taxes online If you previously maintained a SIMPLE IRA plan, you can set up a SIMPLE IRA plan effective only on January 1 of a year. File income taxes online A SIMPLE IRA plan cannot have an effective date that is before the date you actually adopt the plan. File income taxes online Setting up a SIMPLE IRA. File income taxes online   SIMPLE IRAs are the individual retirement accounts or annuities into which the contributions are deposited. File income taxes online A SIMPLE IRA must be set up for each eligible employee. File income taxes online Forms 5305-S, SIMPLE Individual Retirement Trust Account, and 5305-SA, SIMPLE Individual Retirement Custodial Account, are model trust and custodial account documents the participant and the trustee (or custodian) can use for this purpose. File income taxes online   A SIMPLE IRA cannot be a Roth IRA. File income taxes online Contributions to a SIMPLE IRA will not affect the amount an individual can contribute to a Roth or traditional IRA. File income taxes online Deadline for setting up a SIMPLE IRA. File income taxes online   A SIMPLE IRA must be set up for an employee before the first date by which a contribution is required to be deposited into the employee's IRA. File income taxes online See Time limits for contributing funds , later, under Contribution Limits. File income taxes online Credit for startup costs. File income taxes online   You may be able to claim a tax credit for part of the ordinary and necessary costs of starting a SIMPLE IRA plan that first became effective in 2013. File income taxes online For more information, see Credit for startup costs under Reminders, earlier. File income taxes online Notification Requirement If you adopt a SIMPLE IRA plan, you must notify each employee of the following information before the beginning of the election period. File income taxes online The employee's opportunity to make or change a salary reduction choice under a SIMPLE IRA plan. File income taxes online Your decision to make either matching contributions or nonelective contributions (discussed later). File income taxes online A summary description provided by the financial institution. File income taxes online Written notice that his or her balance can be transferred without cost or penalty if they use a designated financial institution. File income taxes online Election period. File income taxes online   The election period is generally the 60-day period immediately preceding January 1 of a calendar year (November 2 to December 31 of the preceding calendar year). File income taxes online However, the dates of this period are modified if you set up a SIMPLE IRA plan in mid-year (for example, on July 1) or if the 60-day period falls before the first day an employee becomes eligible to participate in the SIMPLE IRA plan. File income taxes online   A SIMPLE IRA plan can provide longer periods for permitting employees to enter into salary reduction agreements or to modify prior agreements. File income taxes online For example, a SIMPLE IRA plan can provide a 90-day election period instead of the 60-day period. File income taxes online Similarly, in addition to the 60-day period, a SIMPLE IRA plan can provide quarterly election periods during the 30 days before each calendar quarter, other than the first quarter of each year. File income taxes online Contribution Limits Contributions are made up of salary reduction contributions and employer contributions. File income taxes online You, as the employer, must make either matching contributions or nonelective contributions, defined later. File income taxes online No other contributions can be made to the SIMPLE IRA plan. File income taxes online These contributions, which you can deduct, must be made timely. File income taxes online See Time limits for contributing funds , later. File income taxes online Salary reduction contributions. File income taxes online   The amount the employee chooses to have you contribute to a SIMPLE IRA on his or her behalf cannot be more than $12,000 for 2013 and 2014. File income taxes online These contributions must be expressed as a percentage of the employee's compensation unless you permit the employee to express them as a specific dollar amount. File income taxes online You cannot place restrictions on the contribution amount (such as limiting the contribution percentage), except to comply with the $12,000 limit. File income taxes online   If you or an employee participates in any other qualified plan during the year and you or your employee have salary reduction contributions (elective deferrals) under those plans, the salary reduction contributions under a SIMPLE IRA plan also count toward the overall annual limit ($17,500 for 2013 and 2014) on exclusion of salary reduction contributions and other elective deferrals. File income taxes online Catch-up contributions. File income taxes online   A SIMPLE IRA plan can permit participants who are age 50 or over at the end of the calendar year to also make catch-up contributions. File income taxes online The catch-up contribution limit for 2013 and 2014 for SIMPLE IRA plans is $2,500. File income taxes online Salary reduction contributions are not treated as catch-up contributions for 2013 or 2014 until they exceed $12,000. File income taxes online However, the catch-up contribution a participant can make for a year cannot exceed the lesser of the following amounts. File income taxes online The catch-up contribution limit. File income taxes online The excess of the participant's compensation over the salary reduction contributions that are not catch-up contributions. File income taxes online Employer matching contributions. File income taxes online   You are generally required to match each employee's salary reduction contributions on a dollar-for-dollar basis up to 3% of the employee's compensation. File income taxes online This requirement does not apply if you make nonelective contributions as discussed later. File income taxes online Example. File income taxes online In 2013, your employee, John Rose, earned $25,000 and chose to defer 5% of his salary. File income taxes online Your net earnings from self-employment are $40,000, and you choose to contribute 10% of your earnings to your SIMPLE IRA. File income taxes online You make 3% matching contributions. File income taxes online The total contribution you make for John is $2,000, figured as follows. File income taxes online Salary reduction contributions ($25,000 × . File income taxes online 05) $1,250 Employer matching contribution ($25,000 × . File income taxes online 03) 750 Total contributions $2,000     The total contribution you make for yourself is $5,200, figured as follows. File income taxes online Salary reduction contributions ($40,000 × . File income taxes online 10) $4,000 Employer matching contribution ($40,000 × . File income taxes online 03) 1,200 Total contributions $5,200 Lower percentage. File income taxes online   If you choose a matching contribution less than 3%, the percentage must be at least 1%. File income taxes online You must notify the employees of the lower match within a reasonable period of time before the 60-day election period (discussed earlier) for the calendar year. File income taxes online You cannot choose a percentage less than 3% for more than 2 years during the 5-year period that ends with (and includes) the year for which the choice is effective. File income taxes online Nonelective contributions. File income taxes online   Instead of matching contributions, you can choose to make nonelective contributions of 2% of compensation on behalf of each eligible employee who has at least $5,000 (or some lower amount you select) of compensation from you for the year. File income taxes online If you make this choice, you must make nonelective contributions whether or not the employee chooses to make salary reduction contributions. File income taxes online Only $255,000 of the employee's compensation can be taken into account to figure the contribution limit in 2013 ($260,000 in 2014). File income taxes online   If you choose this 2% contribution formula, you must notify the employees within a reasonable period of time before the 60-day election period (discussed earlier) for the calendar year. File income taxes online Example 1. File income taxes online In 2013, your employee, Jane Wood, earned $36,000 and chose to have you contribute 10% of her salary. File income taxes online Your net earnings from self-employment are $50,000, and you choose to contribute 10% of your earnings to your SIMPLE IRA. File income taxes online You make a 2% nonelective contribution. File income taxes online Both of you are under age 50. File income taxes online The total contribution you make for Jane is $4,320, figured as follows. File income taxes online Salary reduction contributions ($36,000 × . File income taxes online 10) $3,600 2% nonelective contributions ($36,000 × . File income taxes online 02) 720 Total contributions $4,320     The total contribution you make for yourself is $6,000, figured as follows. File income taxes online Salary reduction contributions ($50,000 × . File income taxes online 10) $5,000 2% nonelective contributions ($50,000 × . File income taxes online 02) 1,000 Total contributions $6,000 Example 2. File income taxes online Using the same facts as in Example 1, above, the maximum contribution you make for Jane or for yourself if you each earned $75,000 is $13,500, figured as follows. File income taxes online Salary reduction contributions (maximum amount allowed) $12,000 2% nonelective contributions ($75,000 × . File income taxes online 02) 1,500 Total contributions $13,500 Time limits for contributing funds. File income taxes online   You must make the salary reduction contributions to the SIMPLE IRA within 30 days after the end of the month in which the amounts would otherwise have been payable to the employee in cash. File income taxes online You must make matching contributions or nonelective contributions by the due date (including extensions) for filing your federal income tax return for the year. File income taxes online Certain plans subject to Department of Labor rules may have an earlier due date for salary reduction contributions. File income taxes online When To Deduct Contributions You can deduct SIMPLE IRA contributions in the tax year within which the calendar year for which contributions were made ends. File income taxes online You can deduct contributions for a particular tax year if they are made for that tax year and are made by the due date (including extensions) of your federal income tax return for that year. File income taxes online Example 1. File income taxes online Your tax year is the fiscal year ending June 30. File income taxes online Contributions under a SIMPLE IRA plan for the calendar year 2013 (including contributions made in 2013 before July 1, 2013) are deductible in the tax year ending June 30, 2014. File income taxes online Example 2. File income taxes online You are a sole proprietor whose tax year is the calendar year. File income taxes online Contributions under a SIMPLE IRA plan for the calendar year 2013 (including contributions made in 2014 by April 15, 2014) are deductible in the 2013 tax year. File income taxes online Where To Deduct Contributions Deduct the contributions you make for your common-law employees on your tax return. File income taxes online For example, sole proprietors deduct them on Schedule C (Form 1040) or Schedule F (Form 1040); partnerships deduct them on Form 1065; and corporations deduct them on Form 1120 or Form 1120S. File income taxes online Sole proprietors and partners deduct contributions for themselves on line 28 of Form 1040. File income taxes online (If you are a partner, contributions for yourself are shown on the Schedule K-1 (Form 1065) you receive from the partnership. File income taxes online ) Tax Treatment of Contributions You can deduct your contributions and your employees can exclude these contributions from their gross income. File income taxes online SIMPLE IRA plan contributions are not subject to federal income tax withholding. File income taxes online However, salary reduction contributions are subject to social security, Medicare, and federal unemployment (FUTA) taxes. File income taxes online Matching and nonelective contributions are not subject to these taxes. File income taxes online Reporting on Form W-2. File income taxes online   Do not include SIMPLE IRA plan contributions in the “Wages, tips, other compensation” box of Form W-2. File income taxes online You must, however, include them in the “Social security wages” and “Medicare wages and tips” boxes. File income taxes online You must also include them in box 12. File income taxes online Mark the “Retirement plan” checkbox in box 13. File income taxes online For more information, see the Form W-2 instructions. File income taxes online Distributions (Withdrawals) Distributions from a SIMPLE IRA are subject to IRA rules and generally are includible in income for the year received. File income taxes online Tax-free rollovers can be made from one SIMPLE IRA into another SIMPLE IRA. File income taxes online However, a rollover from a SIMPLE IRA to a non-SIMPLE IRA can be made tax free only after a 2-year participation in the SIMPLE IRA plan. File income taxes online Generally, you or your employee must begin to receive distributions from a SIMPLE IRA by April 1 of the first year after the calendar year in which you or your employee reaches age 70½. File income taxes online Early withdrawals generally are subject to a 10% additional tax. File income taxes online However, the additional tax is increased to 25% if funds are withdrawn within 2 years of beginning participation. File income taxes online More information. File income taxes online   See Publication 590 for information about IRA rules, including those on the tax treatment of distributions, rollovers, required distributions, and income tax withholding. File income taxes online More Information on SIMPLE IRA Plans If you need help to set up or maintain a SIMPLE IRA plan, go to the IRS website and search SIMPLE IRA Plan. File income taxes online SIMPLE 401(k) Plan You can adopt a SIMPLE plan as part of a 401(k) plan if you meet the 100-employee limit as discussed earlier under SIMPLE IRA Plan. File income taxes online A SIMPLE 401(k) plan is a qualified retirement plan and generally must satisfy the rules discussed under Qualification Rules in chapter 4, including the required distribution rules. File income taxes online However, a SIMPLE 401(k) plan is not subject to the nondiscrimination and top-heavy rules discussed in chapter 4 if the plan meets the conditions listed below. File income taxes online Under the plan, an employee can choose to have you make salary reduction contributions for the year to a trust in an amount expressed as a percentage of the employee's compensation, but not more than $12,000 for 2013 and 2014. File income taxes online If permitted under the plan, an employee who is age 50 or over can also make a catch-up contribution of up to $2,500 for 2013 and 2014. File income taxes online See Catch-up contributions , earlier under Contribution Limits. File income taxes online You must make either: Matching contributions up to 3% of compensation for the year, or Nonelective contributions of 2% of compensation on behalf of each eligible employee who has at least $5,000 of compensation from you for the year. File income taxes online No other contributions can be made to the trust. File income taxes online No contributions are made, and no benefits accrue, for services during the year under any other qualified retirement plan sponsored by you on behalf of any employee eligible to participate in the SIMPLE 401(k) plan. File income taxes online The employee's rights to any contributions are nonforfeitable. File income taxes online No more than $255,000 of the employee's compensation can be taken into account in figuring matching contributions and nonelective contributions in 2013 ($260,000 in 2014). File income taxes online Compensation is defined earlier in this chapter. File income taxes online Employee notification. File income taxes online   The notification requirement that applies to SIMPLE IRA plans also applies to SIMPLE 401(k) plans. File income taxes online See Notification Requirement in this chapter. File income taxes online Credit for startup costs. File income taxes online   You may be able to claim a tax credit for part of the ordinary and necessary costs of starting a SIMPLE 401(k) plan that first became effective in 2013. File income taxes online For more information, see Credit for startup costs under Reminders, earlier. File income taxes online Note on Forms. File income taxes online   Please note that Forms 5304-SIMPLE and 5305-SIMPLE can not be used to establish a SIMPLE 401(k) plan. File income taxes online To set up a SIMPLE 401(k) plan, see Adopting a Written Plan in chapter 4. File income taxes online Prev  Up  Next   Home   More Online Publications
Print - Click this link to Print this page

SOI Tax Stats - Split-Interest Trust Statistics

Return to Tax Stats home page

Split Interest Trust Data OneSheet (PDF) 
The OneSheet presents a project description, highlights of the data, and selected figures.

Split-interest trusts make distributions to both charitable and noncharitable beneficiaries, while providing tax benefits to their donor. All split-interest trusts must annually file Form 5227, Split-Interest Trust Information Return, to report financial activity and determine if they should be treated as a private foundation. Based on the method and timing of distributions, split-interest trusts are divided into the following four categories:

  • Charitable remainder annuity trusts—distribute income in a series of fixed payments to one or more noncharitable beneficiaries for a defined period of time, after which the remaining value of the trust is transferred to a charitable beneficiary.
  • Charitable remainder unitrusts—distribute a percentage of the fair market value to one or more noncharitable beneficiaries for a defined period of time, after which remaining value of the trust is transferred to a charitable beneficiary.
  • Charitable lead trusts—distribute a sequence of payments to a charitable beneficiary for a period of time, after which the remaining trust assets are transferred to a noncharitable beneficiary.
  • Pooled income funds—allow donors to donate assets to a charity. The pooled assets are invested as a group and each donor receives income based on the ratio of his or her contribution to the total value of the investment pool. After the death of the donor, his or her prorated share of the investment pool is withdrawn and given to the charitable organization.

For information about selected terms and concepts, a description of the data sources and limitations, and links to recent revisions of Form 5227, please visit Split Interest Trust Study Metadata.


Statistical Tables

The following tables are available as Microsoft Excel® files. A free Excel viewer is available for download, if needed.

Charitable Remainder Annuity Trusts:

Charitable Remainder Unitrusts:

Charitable Lead Trusts:

Pooled Income Funds:


Projections
For selected tax returns, including the Form 5227, IRS's Office of Research produces annual forecasts of the number of returns that will be filed in future years.     
      Projections of Returns to be Filed in Future Calendar Years


Publications and Papers

The following are available as PDF files.  A free Adobe® reader is available for download, if needed.


Other SOI Data on Trusts

Certain nonexempt charitable trusts are also annually required to file Form 990-PF, Return of Private Foundation (or Section 4947(a)(1) Charitable Trust Treated as a Private Foundation).  Form 1041 is the income tax return filed by to report income, distributions, and tax liability of estates and trusts.


Other IRS Data and Related Links

For tax administration data on this topic, as well as other types of taxes, choose from the links below.

Return to Tax Stats home page

Page Last Reviewed or Updated: 27-Mar-2014

The File Income Taxes Online

File income taxes online Index A Alimony paid, Alimony paid. File income taxes online Alimony received, Alimony received. File income taxes online Annulment, Divorce or separation. File income taxes online Assistance (see Tax help) B Basis of property, death of spouse, Death of spouse. File income taxes online Business expenses, Business and investment expenses. File income taxes online C Child tax credit, Child tax credit. File income taxes online Civil service annuities, Civil service retirement. File income taxes online Community income defined, Community or Separate Property and Income Community income, special rules, Certain community income not treated as community income by one spouse. File income taxes online Community property defined, Community or Separate Property and Income Community property laws disregarded, Community Property Laws Disregarded Credits Child tax credit, Credits, Taxes, and Payments Earned income credit, Earned income credit. File income taxes online CSRS annuities, Civil service retirement. File income taxes online D Death of spouse, basis of property, Death of spouse. File income taxes online Deductions Alimony paid, Deductions Business expenses, Deductions Investment expenses, Deductions IRA deduction, Deductions Personal expenses, Deductions Dependents, Exemptions Dividends, Dividends, interest, and rents. File income taxes online Divorce, Divorce or separation. File income taxes online Domestic partners, Registered domestic partners. File income taxes online Domicile, Domicile E Earned income credit, Earned income credit. File income taxes online End of the marital community, End of the Community Equitable relief, Equitable relief. File income taxes online ESA withdrawals, Withdrawals from individual retirement arrangements (IRAs) and Coverdell Education Savings Accounts (ESAs). File income taxes online Estimated tax payments, Estimated tax payments. File income taxes online Exempt income, Tax-exempt income. File income taxes online Exemptions Dependent, Exemptions Personal, Exemptions Extensions, Extension of time to file. File income taxes online F FERS annuities, Civil service retirement. File income taxes online Form 8958, Community or Separate Property and Income, Identifying Income, Deductions, and Credits, Dividends, interest, and rents. File income taxes online , Separate Return Preparation Free tax services, Free help with your tax return. File income taxes online G Gains and losses, Gains and losses. File income taxes online H Help (see Tax help) I Income Alimony received, Income Civil service annuities, Income Dividends, Income Gains and losses, Income Interest, Income IRA distributions, Income Lump-sum distributions, Income Military retirement pay, Income Partnership income, Income Pensions, Income Rents, Income Separate income, Income from separate property. File income taxes online Tax-exempt income, Income Wages, earnings, and profits, Income Innocent spouse relief, Relief from liability arising from community property law. File income taxes online , Equitable relief. File income taxes online Interest, Dividends, interest, and rents. File income taxes online Investment expenses, Business and investment expenses. File income taxes online IRA deduction, IRA deduction. File income taxes online IRA distributions, Withdrawals from individual retirement arrangements (IRAs) and Coverdell Education Savings Accounts (ESAs). File income taxes online J Joint return vs. File income taxes online separate returns, Joint Return Versus Separate Returns L Lump-sum distributions, Lump-sum distributions. File income taxes online M Military retirement pay, Military retirement pay. File income taxes online N Nonresident alien spouse, Nonresident alien spouse. File income taxes online O Overpayments, Overpayments. File income taxes online P Partnership income, Partnership income. File income taxes online Partnerships, self-employment tax, Partnerships. File income taxes online Payments Estimated tax payments, Estimated tax payments. File income taxes online Federal income tax withheld, Federal income tax withheld. File income taxes online Pensions, Pensions. File income taxes online Personal expenses, Personal expenses. File income taxes online Publications (see Tax help) R Registered domestic partners, Registered domestic partners. File income taxes online Relief from liability arising from community property law, Relief from liability arising from community property law. File income taxes online Rents, Dividends, interest, and rents. File income taxes online S Self-employment tax Partnership, Self-employment tax. File income taxes online Sole proprietorship, Self-employment tax. File income taxes online Separate income defined, Separate income. File income taxes online Separate property defined, Community or Separate Property and Income Separate property income, Income from separate property. File income taxes online Separate returns Extensions, Extension of time to file. File income taxes online Separate returns vs. File income taxes online joint return, Joint Return Versus Separate Returns Separated spouses, Spouses living apart all year. File income taxes online Separation agreement, Divorce or separation. File income taxes online Sole proprietorship, self-employment tax, Sole proprietorship. File income taxes online Spousal agreements, Spousal agreements. File income taxes online Spouses living apart, Spouses living apart all year. File income taxes online T Tax help, How To Get Tax Help Tax-exempt income, Tax-exempt income. File income taxes online TTY/TDD information, How To Get Tax Help W Wages, earnings, and profits, Wages, earnings, and profits. File income taxes online Withholding tax, Federal income tax withheld. File income taxes online Prev  Up     Home   More Online Publications