A client is under the impression that, if the grantor trust rules apply to a trust, the

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A client is under the impression that, if the grantor trust rules apply to a trust, the grantor is always taxed on the trust's ordinary income (including dividends) and capital gains. Is the client correct? Explain.
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Federal Taxation 2015 Comprehensive

ISBN: 9780133807783

28th Edition

Authors: Thomas R. Pope, Timothy J. Rupert, Kenneth E. Anderson

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