Part V. Assets and Donor Information

Line 2. Pooled income funds don't complete lines 1 and 2.

For trusts that answered “Yes” to question 1, complete all columns on line 2 for all donors to the trust in 2025. For additional donors to the trust that did not contribute to the trust in 2025, complete column (a) only.

For trusts that answered “No” to question 1, complete only column (a) for all donors to the trust.

Paperwork Reduction Act Notice. We ask for the information on this form to carry out the Internal Revenue laws of the United States. You are required to give us the

information. We need it to ensure that you are complying with these laws and to allow us to figure and collect the right amount of tax.

You aren't required to provide the information requested on a form that is subject to the Paperwork Reduction Act unless the form displays a valid OMB control number. Books or records relating to a form or its instructions must be retained as long as their contents may become material in the administration of any Internal Revenue law. Generally, tax returns and return information are confidential, as required by section 6103.

The time needed to complete and file this form will vary depending on individual circumstances. The estimated average time is:

Recordkeeping . . . . . . . . . 89 hr., 11 min.

Learning about the law or the form . . . . . . . . . . . . . . . . 21 hr., 54 min.

Preparing the form . . . . . . . 44 hr., 47 min.

Copying, assembling, and sending the form to IRS . . . . 5 hr., 54 min.

If you have comments concerning the accuracy of these time estimates or suggestions for making this form simpler, we would be happy to hear from you. You can send us comments through IRS.gov/FormComments . Or, you can write to the Internal Revenue Service, Tax Forms and Publications, 1111 Constitution Ave. NW, IR-6526, Washington, DC 20224. Don't send the form to this office.

Instructions for Form 5227 17