541-QFT: California Income Tax Return for Qualified Funeral Trusts (2025)
California · FTB · Used for tax years 2025
Form 541-QFT is the 2025 California income tax return for qualified funeral trusts. It reports income, deductions, credits, and tax payments to determine tax due or an overpayment.
What you'll need
The 2025 form asks for:
- The trust’s name and federal employer identification number (FEIN), plus the trustee’s name, title, and address.
- Amounts for interest, dividends, capital gains or losses, and other income.
- Deduction amounts, including taxes, trustee fees, and attorney, accountant, and preparer fees.
- Withholding reported on Form 592-B and/or Form 593, California income tax previously paid, 2025 California estimated tax, any amount applied from the 2024 return, and any payment with Form FTB 3563.
Attachments called for on the form include Schedule D (541) for capital gains or losses and a worksheet for credits. If claiming more than one credit, attach a detailed list.
Questions people ask
What income does Form 541-QFT report?
The form lists interest income, dividends, capital gains or losses, and other income. For other income, it asks you to state the nature of the income.
Does the form include an option for a composite return?
Yes. Line 13 includes a composite tax return checkbox and a space to enter the number of qualified funeral trusts included in the return.
What can I do with an overpayment on the 2025 return?
Line 39 lets you enter the amount of the overpayment to credit toward 2026 estimated tax. Line 40 lets you enter the amount to be refunded.
Who signs the return?
The signature area calls for the signature of the trustee or an officer representing the fiduciary, along with the date. There is also a separate signature area for a paid preparer.