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  2. Trust Tax Rates and Exemptions for 2022 - AOL

    www.aol.com/news/trust-tax-rates-exemptions...

    Trusts pay taxes on ordinary income and long-term capital gains. While their rates have changed slightly in 2022, they remain largely comparable to previous years. Tips on Taxes.

  3. Inheriting a Trust: What You Need to Know About Taxes - AOL

    www.aol.com/pay-taxes-trust-inheritance...

    The income tax rates for trusts runs from 10% to 37% in 2023, depending on income level. Long-term capital gains are taxed at between 0% and 20%, based on total gains.

  4. 5 Taxes You Might Owe If You Have a Trust - AOL

    www.aol.com/5-taxes-might-owe-trust-145448249.html

    Dealing with trusts and their tax implications can seem like a labyrinth of legal terms and financial jargon. Trust distributions might be taxable, with the tax liability potentially varying based ...

  5. United States trust law - Wikipedia

    en.wikipedia.org/wiki/United_States_trust_law

    For Federal income tax purposes in the United States, there are several kinds of trusts: grantor trusts whose tax consequences flow directly to the settlor's Form 1040 (U.S. Individual Income Tax Return) and state return, simple trusts in which all the income created must be distributed to one or more beneficiaries and is therefore taxed to the ...

  6. Income trust - Wikipedia

    en.wikipedia.org/wiki/Income_trust

    An income trust is an investment that may hold equities, debt instruments, royalty interests or real properties. It is especially useful for financial requirements of institutional investors such as pension funds, [1] and for investors such as retired individuals seeking yield.

  7. Alternative minimum tax - Wikipedia

    en.wikipedia.org/wiki/Alternative_minimum_tax

    The alternative minimum tax (AMT) is a tax imposed by the United States federal government in addition to the regular income tax for certain individuals, estates, and trusts. As of tax year 2018, the AMT raises about $5.2 billion, or 0.4% of all federal income tax revenue, affecting 0.1% of taxpayers, mostly in the upper income ranges. [1] [2]

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