The excess loss on termination may not be passed along to the grantor or beneficiary of an estate or irrevocable trust.
Yes, federal income tax paid by the estate or trust is allowed as a deduction on Alabama Form 41.
Yes, federal taxes paid by the estate on federal Form 706 may be claimed by the estate in the year they are paid.
Yes, these are claimed on page 3, Schedule C, Line 13. Federal charitable deductions are listed in Column A. Alabama Charitable contributions are deductible to the same extent allowed for an individual and shown in Column C.
No, estimate payments are not required. Voluntary estimate payments should be submitted with a FDT-V – Fiduciary Income Tax Payment Voucher.
Yes, these payments should be show on line 7d. Also, list the name of the entity that paid the composite payment and the FEIN. You may include a copy of the K-1 Form 41 for clarification especially if there is more than one composite payment made on behalf of the estate/trust.