On July $10,2023,$ California's governor signed into law Senate Bill $131($SB $131)$ which effectively closes a loophole in California's state income tax law for so$-$called Incomplete Gift Non$-$Grantor $($ING$)$ Trusts. This change is retroactive to January $1,2023,$ and a new Section $17082$ will be added to the California Revenue and Taxation Code to reflect this change. Which of the following is incorrect regarding ING Trusts under the provisions of the new R&TC Section $17082?$

A$.$ To report the taxable income from an ING trust, the qualified taxpayer must file FTB Form $541-$ California Fiduciary Income Tax Return and check the box to designate the trust as an ING Trust

B$.$ The provisions of Section $17082$ also apply to ING trust income if the qualified taxpayer is a California nonresident

C$.$ Section $17082$ applies to Charitable Remainder Trusts $($CRT$)$

D$.$ For taxable years beginning on or after January $1,2023,$ the income of an ING trust must be reported in a qualified taxpayer$$s gross income to the extent the income would be considered in computing the qualified taxpayer$$s taxable income if the ING trust were treated as a grantor trust under R&TC Section $17731$