IT-541: Fiduciary Income Tax Return (2025)
Louisiana · Louisiana LDR · Used for tax years 2025
Louisiana Form IT-541 is the 2025 Fiduciary Income Tax Return for estates and trusts. It reports Louisiana taxable income, income distribution deductions, tax credits, and payments to calculate the amount owed or overpaid.
What you'll need
Have the estate or trust’s LDR account number, federal identification number, address, and creation date ready, along with the income figures needed for the return.
Depending on the entries you make, you may also need:
- Forms W-2 and 1099: Attach these when reporting Louisiana tax withheld for 2025 on Line 20.
- Form R-10606 and the other state’s return: Submit the completed form and a copy of that return when claiming the resident credit for net income taxes paid to other states on Line 8.
- Depreciation schedules: Attach schedules for the entries on Lines 2G and 3F, and Schedule A, Line 6E, when applicable.
- Allocable income schedules: Schedule A requires a supporting schedule for each amount reported under Lines 8 and 11.
- Beneficiary information: Schedule C asks for each beneficiary’s Social Security number, name, and address as shown on Form IT-540 or IT-540B, plus beneficial interest percentages and Louisiana income distributions.
- Payment records: Schedule D asks for check numbers, dates, and amounts of estimated tax payments and the extension payment.
How to file
Mark whether this is a calendar-year, fiscal-year, or short-period return. Enter beginning and ending dates for a fiscal-year or short-period return, and mark all other applicable boxes.
Complete the return and applicable schedules. The fiduciary or officer representing the fiduciary must sign and date the return. Line 30 identifies the total amount due to pay.
Mail the return to:
Louisiana Department of Revenue
P. O. Box 3440
Baton Rouge, LA 70821-3440
Common mistakes
- Filling in Lines 1 through 3 when using Schedule A: The form says to leave those lines blank and begin with Line 4. Check the box on Line 4 when using the amount from Schedule A.
- Putting transferable priority 3 credits on the wrong lines: Schedule NRC-P3 warns that the codes listed in Part II must be claimed on Lines 7 through 9.
- Abbreviating a foreign country’s name: The address field says not to abbreviate the foreign nation.
Questions people ask
How is the tax calculated for 2025?
Line 7 says to multiply Louisiana taxable income on Line 6 by 3% (.03) and round to the nearest dollar.
Where do beneficiary distributions go?
List beneficiaries and their distributive shares on Schedule C. Enter total distributions from Schedule C, Line g, on Line 5 as the Louisiana income distribution deduction.
Can an overpayment be applied to next year’s tax?
Yes. Line 24 lets you enter the amount of the Line 23 overpayment to credit to 2026 income tax. Line 25 is the amount to be refunded, calculated by subtracting Line 24 from Line 23.
Where do estimated payments and an extension payment go?
List them on Schedule D. Add Lines 1 through 5, then enter the total on Schedule D, Line 6, and Form IT-541, Line 21.