Estates - Income

TOPICS / ESTATES

September 1, 2016

How the COD Rules Apply to Grantor Trusts and Disregarded Entities

New regulations provide rules for determining
who is the “taxpayer” for purposes of applying the Sec. 108 discharge-of-indebtedness rules to a grantor trust or disregarded entity.

June 9, 2016

Final Regulations Clarify COD Rules for Grantor Trusts and Disregarded Entities

The IRS finalized regulations that provide rules for determining who is the “taxpayer” for purposes of applying the Sec. 108 discharge-of-indebtedness rules to a grantor trust or disregarded entity.

November 1, 2015

Is an Anomaly in Form 8960 Resulting in an Unintended Tax on Tax-Exempt Income?

This article provides an overview of the net investment income tax calculations for individuals and trusts.

August 1, 2013

Planning for the “Parallel Universe” of the Net Investment Income Tax

This article examines how to determine the new surtax on net investment income that, like alternative minimum taxable income, effectively creates another tax base in addition to taxable income.