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HOMETAX NOTES RESEARCHFEDERALINTERNAL REVENUE CODE OF 1986

Sec. 644 Taxable year of trusts

  • Internal Revenue Code of 1986
  • SUBTITLE A -- INCOME TAXES
  • Chapter 1 -- Normal Taxes and Surtaxes
  • Subchapter J -- Estates, Trusts, Beneficiaries, and Decedents
  • Part I -- Estates, trusts, and beneficiaries
  • Subpart A -- General rules for taxation of estates and trusts

(a) In general. For purposes of this subtitle, the taxable year of any trust shall be the calendar year.

(b) Exception for trusts exempt from tax and charitable trusts. Subsection (a) shall not apply to a trust exempt from taxation under section 501(a) or a trust described in section 4947(a)(1).

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