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Trust long-term capital gains being taxed as ordinary income

bess

Level 3

Forum|Forum|2 months ago

April 3, 2026

Question

Trust long-term capital gains being taxed as ordinary income

Forum|Forum|2 months ago
April 3, 2026
2 replies
0 views

Irrevocable trust with huge long-term capital gains. No distributions. Tax is being calculated at ordinary income rates.

Lacerte Tax

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abctax55

Level 15

Forum|Forum|2 months ago

April 3, 2026

Heard ya' the first time....

HumanKind... Be Both

Accountant-Man

Level 13

Forum|Forum|2 months ago

April 5, 2026

See your other post with the same question.

** I'm still a champion... of the world! Even without The Lounge.

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