Heading Items

Item A. Trust and Trustee Names and Address Complete the information called for in the name of the trust a exactly as it appears on Form SS-4, Application for Employer Identification Number. The name of the person or institution currently serving as trustee should be entered in the lines below the name of the trust.

Include the suite, room, or other unit number after the street address. If the post office does not deliver mail to the street address and the trustee has a P.O. box, show the box number instead.

If you receive mail for the trust in care of a third party (such as an accountant or an attorney), enter on the street address line “C/O” followed by the third party's name and street address or P.O. box.

Item B. Employer Identification Number (EIN) Every trust that completes this return must have an EIN. You can use one of the following methods to apply for an EIN.

• Online—Go to IRS.gov/EIN . The EIN is issued immediately once the application information is validated.

• By mailing or faxing Form SS-4.

Note: The online application process isn't yet available for trusts with addresses in foreign countries.

Item C. Type of Entity Check the appropriate box to indicate the type of trust. See Definitions in the General Instructions, earlier, for detailed descriptions of the types of split-interest trusts that file Form 5227.

Item D. Fair Market Value (FMV) of Assets Enter the FMV of trust assets at the end of the tax year.

Item E. Gross Income Enter the trust's gross income for the tax year. Gross income is all income from whatever source derived, including:

• Interest,

• Dividends,

• Rents (such as the amount on line 3 of Schedule E (Form 1040)),

• Royalties (such as the amount on line 4 of Schedule E (Form 1040)),

• Gross income derived from business (such as the amount on line 7 of Schedule C (Form 1040)), and

• Gains (not losses) derived from dealings in property (figured on each transaction).

4 Instructions for Form 5227

Item F. Initial Return, Final Return, Amended Return; or Change of Name or Address

Initial return. Check this box if this is the initial return for the split-interest trust. CRTs must also complete Part IX, line 13, and attach a copy of the trust instrument.

Final return. Check this box if this is a final return because the trust has terminated. If the trust or a recipient's interest in the trust has terminated, check the “Final K-1” box at the top of the Schedule K-1 (Form 1041).

For CRTs. If you check the final return box, be sure to answer the questions for Part IX, lines 15a-c, and complete Part III, line 3, if you answered “Yes” to Part IX, line 15b.

Amended return. If you are filing an amended 2025 Form 5227, check the “Amended return” box. Complete the entire return and correct the appropriate lines with the new information. On an attachment, explain the reason for the changes and identify the lines and amounts being changed.

For CRTs. If the amended return results in a change to income, or a change in distribution of any income or other information provided to a recipient, an amended Schedule K-1 (Form 1041) must be filed with the amended Form 5227 and a copy given to each recipient. Check the “Amended K-1” box at the top of the Schedule K-1 (Form 1041).

Change of name or address. If there has been a change in the trustee's name or address from the one used on the prior year's return (including a change to an “in care of” name and address), check the appropriate box(es).

If the address shown on Form 5227 changes after you file the form (including a change to an “in care of” name and address), file Form 8822-B to notify the IRS of the change.

Item G. Date Trust Created Enter the date the trust was created. This is generally the date the trustee first received property to administer under the terms of the trust document.