Protect your clients' assets and shield their estates from
increased taxation brought about by changing tax laws. This book
can help you to understand the tax obligations of trusts and
estates and how these obligations affect beneficiaries. It provides
exercises and examples that reflect the calculation and allocation
of taxable income and its presentation on the appropriate forms. In
addition, you will also learn how to prepare federal Form 1041, US
Income Tax Return for Estates and Trusts. Key topics covered
include: How are trusts and estates taxed under the internal
revenue code? What is a trust? What is a simple trust? What is a
complex trust? How is the income of a trust or estate defined for
tax purposes? What are the ordinary deductions and credits allowed?
How is the deduction for distributions to beneficiaries determined?
How are trust and estate beneficiaries taxed? What is a grantor
trust and how is it taxed? How to prepare Form 1041.
General
Is the information for this product incomplete, wrong or inappropriate?
Let us know about it.
Does this product have an incorrect or missing image?
Send us a new image.
Is this product missing categories?
Add more categories.
Review This Product
No reviews yet - be the first to create one!