“Nongrantor” trusts are trusts which aren’t taxed to a substantial owner pursuant to the grantor trust rules. Such a trust must file its own tax return and the income of the trust would be taxed to it, unless distributed. Read on to learn more.
- Tax Reporting with Trusts - August 31, 2021
- Advantages of Using a “Grantor Trust” in Planning - August 27, 2021
- Taxation of Nongrantor Trusts - August 1, 2021