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A trust that requires all income must be distributed to the beneficiaries annually and does not allow for any other distributions is known as a
A trust that requires all income must be distributed to the beneficiaries annually and does not allow for any other distributions is known as a simple trust True False QUESTL59 A complex trust pays no tax on any income it does not distrubute. True False QUESTION 60 An executor or administrator has the duty to file which tax return(s) for a decedent? a. a last income tax return and an estate's income tax retum; b. an estate's income tax retum; c. only the decedent's final income tax return; d. No tax return unless decedent's estate is more than $11,700,000 C
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