Is that the state does not tax the trusts?Reader comment on: Crosby Advisors Submitted by Lyle (United States), Feb 12, 2014 18:36 Because the trust will have to file a 1041 with the IRS and will have to pay taxes on any undistributed income. (And if you look at a form 1041 you find the brackets are far far narrower). Note: Comments are moderated by the editor and are subject to editing. Other reader comments on this item
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