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acorvette
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Can a simple trust one year be classified as a complex trust in subsequent years

 
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Can a simple trust one year be classified as a complex trust in subsequent years

"can a simple trust one year be classified as a complex trust in subsequent years"

Yes. A trust would be classified as a complex trust in any tax year it does not qualify as a simple trust.

See https://www.irs.gov/instructions/i1041/ch02.html#d0e2328

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Can a simple trust one year be classified as a complex trust in subsequent years

"can a simple trust one year be classified as a complex trust in subsequent years"

Yes. A trust would be classified as a complex trust in any tax year it does not qualify as a simple trust.

See https://www.irs.gov/instructions/i1041/ch02.html#d0e2328

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