sjrcpa
Level 15
05-17-2024
09:27 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
In a simple trust, all income is required to be distributed. The SC rental income would be distributed and taxable to the nonresident beneficiary.
How is the trust paying tax? Is there net capital gain income?
Or is it nonresident withholding?
The more I know the more I don’t know.