Legal Question in Tax Law in New York

tax libility in trust

tax libility on annunity held in trust due 2004


Asked on 9/23/03, 11:45 am

1 Answer from Attorneys
Norman Nadel Norman Nadel, Esq.

Re: tax libility in trust

Your question is very vague.

Suffice it to say that the taxable income element of a distribution from a trust is taxable income in the hands of the recipient.

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Answered on 9/23/03, 12:09 pm


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