Business, 31.12.2019 00:31 jetblackcap
Which of the following would cause a trust to be treated as a complex trust for income tax purposes for the current tax year?
a. the trust requires that an amount equal to accounting income be distributed to the trust's income beneficiary
b. the trust distributes the balance of trust principal in its final year
c. the trust received tax exempt income during the tax year
d. the trust was orginally funded during the current tax year
Answers: 3
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Answers: 1
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Answers: 3
Which of the following would cause a trust to be treated as a complex trust for income tax purposes...
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