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Robin, from our last conversation, a discretionary trust

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Question : robin,<br/>from our last conversation, a discretionary trust disbursement is reported only when disbursements are made with a K1 submittal. does this mean that the trust does not have to report gains until they are disbursed?? <br /><br /> Answer : <p>That’s right, once taxed, the gain becomes a part of trust corpus, <em>”principal.”</em></p> […]

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