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True. After review of the IRS code section regarding this issue I can find no evidence to suggest income to beneficiaries would be tax exempt. Thank you for you...
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https://www.irs.gov/pub/irs-prior/i89602018.pdf. Page 2.
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https://www.irs.gov/newsroom/questions-and-answers-on-the-net-investment-income-tax7. What estates and trusts are not subject to the Net Investment Income Tax?T...
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How to prevent Charitable Remainder Trust Income on K-1 from being reported on Form 8960.