Question: A Section 6 6 3 ( b ) election is best utilized in which of the following circumstances. Use subsequent year distributions to distribute additional

A Section 663(b) election is best utilized in which of the following circumstances.
Use subsequent year distributions to distribute additional income to beneficiaries of a complex trust.
Use current year distributions to distribute additional income to beneficiaries of a complex trust.
Use subsequent year distributions to distribute additional income to beneficiaries of a simple trust.
Include a Revocable Living Trust in the Estate for income tax purposes.

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