🎴 Flashcard Mode
Taxation of Trusts and Estates
Card1 / 15
Mastered0
Review0
QuestionClick to flip
Which of the following is not a type of trust recognized under U.S. tax law?
AnswerClick to flip back
A
Non-Grantor Trust
💡 Explanation:
There is no such thing as a Non-Grantor Trust under U.S. tax law.