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  2. Trust Tax Rates and Exemptions for 2022 - AOL

    www.aol.com/news/trust-tax-rates-exemptions...

    Continue reading → The post Trust Tax Rates and Exemptions for 2022 appeared first on SmartAsset Blog. ... There are three main kinds of trusts: Simple Trust: This is the most basic and common ...

  3. Trust Tax Rates and Exemptions for 2022 - AOL

    www.aol.com/finance/trust-tax-rates-exemptions...

    Continue reading → The post Trust Tax Rates and Exemptions for 2022 appeared first on SmartAsset Blog. A trust is a legal entity that holds money and assets for future distribution or management ...

  4. 2021 Trust Tax Rates and Exemptions - AOL

    www.aol.com/news/2021-trust-tax-rates-exemptions...

    Continue reading → The post 2021 Trust Tax Rates and Exemptions appeared first on SmartAsset Blog. A trust is a legal entity that holds money and assets for future distribution or management.

  5. United States trust law - Wikipedia

    en.wikipedia.org/wiki/United_States_trust_law

    For Federal income tax purposes in the United States, there are several kinds of trusts: grantor trusts whose tax consequences flow directly to the settlor's Form 1040 (U.S. Individual Income Tax Return) and state return, simple trusts in which all the income created must be distributed to one or more beneficiaries and is therefore taxed to the ...

  6. Trust (law) - Wikipedia

    en.wikipedia.org/wiki/Trust_(law)

    A simple trust in Federal income tax law is one in which, under the terms of the trust document, all net income must be distributed on an annual basis. In the UK a bare or simple trust is one where the beneficiary has an immediate and absolute right to both the capital and income held in the trust.

  7. Alternative minimum tax - Wikipedia

    en.wikipedia.org/wiki/Alternative_minimum_tax

    The alternative minimum tax (AMT) is a tax imposed by the United States federal government in addition to the regular income tax for certain individuals, estates, and trusts. As of tax year 2018, the AMT raises about $5.2 billion, or 0.4% of all federal income tax revenue, affecting 0.1% of taxpayers, mostly in the upper income ranges.

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