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(2) The fiduciary of a trust, which makes the accumulation distribution within the meaning of this Part, must file, with the New York State fiduciary return (form IT-205) for the taxable year of the trust in which such accumulation distribution is made, the following:
(i) a copy of the Federal fiduciary return of the trust for the taxable year, including a copy of Federal Schedule J (form 1041), Allocation of Accumulation Distribution, filed with the Federal fiduciary return;
(ii) a statement showing the redetermination of the fiduciary adjustment for each prior year affected by the accumulation distribution, as required by subdivision (c) of this section;
(iii) a statement showing the computation of the excess tax, as defined in subdivision (b) of this section, paid by the trust for each prior year affected by the accumulation distribution; and
(iv) a statement showing the share of each beneficiary in
(a) the accumulation distribution as determined for Federal income tax purposes;
(b) the fiduciary adjustment for each prior year as redetermined in accordance with subparagraph (ii) of this paragraph;
(c) the fiduciary adjustment as originally determined in the fiduciary returns filed for the prior year affected by the accumulation distribution; and
(d) the excess tax paid by the trust for each prior year as determined under subparagraph (iii) of this paragraph.
(a) the accumulation distribution as determined for Federal income tax purposes;
(b) the fiduciary adjustment for each prior year as redetermined in accordance with subparagraph (ii) of this paragraph;
(c) the fiduciary adjustment as originally determined in the fiduciary returns filed for the prior year affected by the accumulation distribution; and
(d) the excess tax paid by the trust for each prior year as determined under subparagraph (iii) of this paragraph.