Finanse publiczne · 11/05/2020
Effect of Section 67(g) on Trusts and Estates
The IRS has proposed new regulations clarifying which deductions are allowed for estates and non-grantor trusts, exempting certain expenses from the suspension of miscellaneous itemized deductions from 2018 to 2025. The new rules affect estates, trusts, and their beneficiaries, providing guidance on character, amount, and allocation of deductions.