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regarding the taxation of trusts, which statement is false? simple trusts are not required to distribute income annually Generally, trusts are subject to income taxes

regarding the taxation of trusts, which statement is false?

simple trusts are not required to distribute income annually

Generally, trusts are subject to income taxes

Generally, income generated from revocable trusts are taxed to the grantor

Transfers to irrevocable trusts are completed gifts to the trust beneficiaries, generally

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