In relation to trust distributions to beneficiaries, explain the 65-day rule.

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CCH Federal Taxation Basic Principles 2020

ISBN: 9780808051787

2020 Edition

Authors: Ephraim P. Smith, Philip J. Harmelink, James R. Hasselback

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Question Posted: Feb 27, 2024 03:05 AM

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In relation to trust distributions to beneficiaries, explain the 65-day rule.

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The 65Day Rule in Trust Distributions The 65day rule also known as the 65day election refers to a provision in the US tax code that allows trusts to m...View the full answer

CCH Federal Taxation Basic Principles 2020

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