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October 17, 2024
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Does the irs require withholding of income from trust?

  • October 17, 2024
  • 2 replies
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The trust pays annual income to beneficiaries. Much like an employer withholds money to pay income taxes on money an employee earns, does the IRS require a trust to do similar withholding of income to pay part of the income taxes that beneficiaries would owe?
Best answer by Anonymous_

 

2 replies

Employee
October 17, 2024

 

Employee
October 17, 2024
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