- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Investors & landlords
@oldcheme wrote:
A reply stated that distributions from an irrevocable trust are ordinary income not inheritance, surely this is NOT correct.
It is not correct, at least not as a general rule. The nature of what is being distributed controls the tax treatment.
‎August 18, 2021
7:15 PM