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which of the following it true? grantor trusts are always revocable grantor trusts may one have one owner grantor trust must distribute all income to
which of the following it true?
grantor trusts are always revocable
grantor trusts may one have one owner
grantor trust must distribute all income to the grantor in the year received
income received by the grantor trust will be taxed on the grantor's individual return regardless of whether the trust retains the income, distributes it to the grantor or distributes it to another beneficiary
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