wes-taxman
Level 1
12-06-2019
07:58 PM
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sjrcpa
Level 15
12-06-2019
07:58 PM
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Is the trustee a professional trustee? That is, is this a trade or business for the trustee?
The more I know the more I don’t know.
Marc-TaxMan
Level 8
12-06-2019
07:58 PM
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If this is not a professional, the net C income is exempt from SE tax.
If it is a pro, I have not dissected the specified services list to see if that applies
If it is a pro, I have not dissected the specified services list to see if that applies