Question
What does the election under IRC 663(b) to treat a qualifying distributions as made in the preceding year require? A. The consent of affected beneficiaries.
What does the election under IRC 663(b) to treat a qualifying distributions as made in the preceding year require?
A. The consent of affected beneficiaries.
B. The consent of the mayority of beneficiaries.
C. The consent of all beneficiaries.
D. An election by the trustee or executor.
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Financial Accounting
Authors: Robert F. Meigs, Jan R. Williams, Mark S. Bettner, Susan F. Haka, Sue Haka
11th Edition
0072516682, 978-0072516685
