kmd
Level 3

Get your taxes done using TurboTax

Hmm, just to answer my own question (I think).....seems the 65 day rule does not apply for a simple trust using Form 8855 for Sec. 645, as that would be a fiscal year as opposed to calendar year, so the worry about tax in calendar year 2020 goes away as it will be paid by beneficiaries via K-1s in 2021.....right?