Use Form 5227 to:
- Report the financial activities of a split-interest trust.
- Provide certain information regarding charitable deductions and distributions of or from a split-interest trust.
- Determine if the trust is treated as a private foundation and subject to certain excise taxes under Chapter 42.
Other Items You May Find Useful
About Form 4720, Return of Certain Excise Taxes Under Chapters 41 and 42 of the Internal Revenue Code
About Form 8870, Information Return for Transfers Associated With Certain Personal Benefit Contracts