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AICPA Draft #2. Accumulation Distribution for. SCHEDULE J. OMB No. 1545-0092. Certain Complex Foreign Trusts. (Form 1041NR). 2007. ► Attach to Form 1041NR. Department of the Treasury. ► See the instructions for Form 1041NR. Internal Revenue Service.

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  1. AICPA Draft #2 Accumulation Distribution for SCHEDULE J OMBNo. 1545-0092 Certain Complex Foreign Trusts (Form1041NR) 2007 ► Attach to Form 1041NR Department of the Treasury ►See the instructions for Form 1041NR. Internal Revenue Service Name of trust Employer identification number Accumulation Distribution in 2007 Part I Note: See the Form 4970 instructions for certain income that minors may exclude and special rules for multiple trusts. 1 Other amounts paid, credited, or otherwise required to be distributed for 2007 1 [from Schedule E of Form 1041NR, Line g)] [Schedule B of Form 1041NR, Line 10]…………………………………………….. . …………. Distributable net income for 2007 [from Schedule B of Form 1041NR, Page 2, 2 2 Line 7]……………………………………………………………………………………….. Income required to be distributed currently for 2007 (from Schedule B of Form 1041NR, 3 3 Page 2, Line 9)………………………………………………………………………………. 4(a) Subtract Line 3 from Line 2. If zero or less, enter 0……………………………………………………… 4(a) 4(b) 4(b) Accounting income for the year, Schedule B of Form 1041NR, Line 8…………………………….... 4(c) 4(c) Total distributions, Schedule B of Form 1041NR, Line ll………………………………………….…. 4(d) Line 4 (c) less Line 4(b). If zero or less, enter 0………………………………………………………...... 4(d) Accumulation distribution for 2007. Subtract Line 4(a) from Line 1.) 5 5 If Line 4(c) does not exceed Line 4(b) there is no accumulation distribution for 2007. Ordinary Income Accumulation Distribution (Enter the applicable throwback years below.) Part I I Note: If the distribution is thrown back to more than Five years (starting with the earliest application tax Year beginning after 1953, attach additional schedules. [If the trust was a simple trust, see Regulations Sections 1.665(e)-1A(a)(2) and 1.665(e)-1A(b)]. Throwback Throwback Throwback Throwback Throwback Year Ending Year Ending Year Ending Year Ending Year Ending - - - - - - - - - - - - - - - - - - - - Distributable net income 6 6 (see instructions)………………………….. 7 7 Distributions (see instructions)…………… 8 8 Subtract Line 7 from Line 6………………. Enter amount from Page 2, Line 25 9 9 or Line 31, as applicable…………………. Undistributed net income. 10 10 Subtract Line 9 from Line 8………………. Enter amount of prior accumulation distri- 11 11 butions thrown back to any of these years. 12 12 Subtract Line 11 from Line 10…………… Allocate the amount on Line 5 to the earliest applicable year first. Do not 13 13 allocate an amount greater than Line 12 for the same year (see instructions)…….. Divide Line 13 by Line 10 and multiply 14 14 result by amount on Line 9………………. 15 15 Add Lines 13 and 14…………………… Tax-exempt income included on Line 13 16 16 (see instructions)…………………………. 17 17 Subtract Line 16 from Line 15…………… BAA for Paperwork Reduction Act Notice, see instructions for Form 1041NR. Schedule J (Form 1041NR) 2007

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