How Are Trusts Taxed?

Trusts are useful vehicles both during life and after death. This article examines how trusts are income taxed. Grantor trusts are taxed to the grantor, regardless of whether the income is distributed to them. Nongrantor trusts are separate taxpaying entities but get a deduction for distributions to beneficiaries. Read the article to learn more.

How Are Trusts Taxed?

This entry was posted on Wednesday, January 16th, 2019 at 12:00 pm. Both comments and pings are currently closed.

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