FID-BEN: Fiduciary Schedule K-1 (Revision)
Delaware · Delaware Division of Revenue · Used for tax years 2024
Delaware Form FID-BEN is a fiduciary Schedule K-1 that reports a trust or estate beneficiary’s distributable net income, share of additions and subtractions, and Delaware-allocable income. It also reports tax credits, payments, and previous refunds on behalf of the beneficiary.
What you'll need
The 2024 FID-BEN asks for the following information:
- The trust or estate’s name and taxpayer ID.
- The beneficiary’s name, address, taxpayer ID, residency status, and percentage of distributive share.
- The fiduciary’s name and address.
- The beginning and ending dates, if reporting for a fiscal year.
- The beneficiary’s federal distributable net income and shares of additions and subtractions.
- Delaware-allocable income and gains or losses for the nonresident beneficiary section.
- Tax credits, estimated tax and extension payments, other payments, and previous refunds issued on behalf of the beneficiary.
The form text does not identify supporting documents to attach.
Questions people ask
Does FID-BEN have options for both resident and nonresident beneficiaries?
Yes. The form includes Resident and Non-resident checkboxes, along with a separate nonresident beneficiary information section.
Can the form be marked as final or amended?
Yes. It includes checkboxes for “Final FID-BEN” and “Amended FID-BEN.”
What income categories appear in the nonresident beneficiary section?
The section lists Delaware-allocable net business income, capital gain or loss, other gain or loss, and net income from partnerships, estates and trusts, rents and royalties, S corporations, and farms.
What payments and credits does the form report?
The form has entries for approved refundable and nonrefundable tax credits from the fiduciary to the beneficiary, estimated tax and extension payments, other payments such as real estate estimated taxes, and previous refunds from an original return issued on behalf of the beneficiary.