5. Income received by the estate during the period of administration or settlement of the estate, for tax purposes is known as: Income of the state Income of the testator Income of the trustee Income of the heirs
5. Income received by the estate during the period of administration or settlement of the estate, for tax purposes is known as: Income of the state Income of the testator Income of the trustee Income of the heirs
Chapter28: Income Taxati On Of Trusts And Estates
Section: Chapter Questions
Problem 5DQ
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Question
5. Income received by the estate during the period of administration or settlement of the estate, for tax purposes is known as:
Income of the state
Income of the testator
Income of the trustee
Income of the heirs
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