5680: Fiduciary Income Tax Beneficiary Information Continuation Schedule (2025)
Michigan · Michigan Treasury · Used for tax years 2025
Michigan Form 5680 is a continuation schedule for Schedules 2, 3 and 4 of the 2025 Fiduciary Income Tax Return (Form MI-1041). It reports additional beneficiaries’ identification information, allocations of the net Michigan adjustment for resident estates or trusts, and capital g
Who files this form
Complete Form 5680 if your estate or trust has more than four beneficiaries. It continues Schedules 2, 3 and 4 of the Michigan Fiduciary Income Tax Return (Form MI-1041).
What you'll need
Have the following information ready:
- The estate or trust’s name and federal employer identification number (FEIN).
- Each additional beneficiary’s name, residency status, address, and Social Security number or FEIN.
- For Schedule 3, which applies to resident estates or trusts: federal distributable net income, the percentage in column B, and the net Michigan adjustment from Form MI-1041, line 40. The schedule also asks for income type, location and amount.
- For Schedule 4, when Form MI-1041D is filed: federal and Michigan capital gain or loss distributed to each beneficiary.
How to file
Submit Form 5680 with your fiduciary return. If Schedule 4 does not apply, submit only page 1 of Form 5680.
The supplied form does not provide a mailing address or e-filing instructions.
Common mistakes
- Do not submit page 2 if Schedule 4 does not apply. The form specifically says to submit only page 1 with your fiduciary return in that case.
Questions people ask
What does Form 5680 continue?
It provides additional beneficiary entries for Schedules 2, 3 and 4 of Form MI-1041.
How do I show a beneficiary’s residency status?
In Schedule 2, use “R” for resident or “NR” for nonresident.
How is the net Michigan adjustment allocated in Schedule 3?
Multiply the amount on Form MI-1041, line 40, by the percentage in column B. Enter the result in column C.
What is Schedule 4 used for?
Schedule 4 reports capital gain or loss distributed to beneficiaries when Form MI-1041D is filed. It has separate columns for federal and Michigan gain or loss.