13 февр. 2023 г. · The 65-Day Rule: Section 663(b) of the U.S. tax code allows fiduciaries of estates and complex trusts to elect into what is informally known ...

How the 65-day rule applies to income distributions from estates and trusts. Most taxpayers are on a calendar year reporting basis for income tax purposes ...

25 янв. 2024 г. · The 65-Day Rule can help you reduce your estate or trust tax liability. Learn more about this tax planning strategy.

Trustees may elect to treat distributions within the first 65 days of the trust's tax year as amounts that were paid or credited on the last day of the ...

30 авг. 2024 г. · IRC Code §663(b), also known as the 65-day rule, may help guide your strategy for trusts and estates. Find the details in this article from ...

The fiduciary of a trust may elect under section (b) to 663 treat any amount or portion thereof that is properly paid or credited to a beneficiary within the ...

10 февр. 2022 г. · One of the significant disadvantages of trust income taxation is their highly compressed tax brackets resulting in their income being ...

8 февр. 2024 г. · Using this election, trustees can shift income from a trust/estate to its beneficiaries, who may be in a lower income tax bracket.

20 февр. 2023 г. · An election must be made annually with the estate or trust income tax return (Form 1041) to treat the distributions made within the 65-day ...

12 февр. 2024 г. · Trust and estate planning can be complicated. Talk with a Mercer Advisors specialist for more information on how the 65-Day Rule can help ...