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Treasury Regulations (26 C.F.R.)

26 CFR § 1.651(a)-1

Simple trusts; deduction for distributions; in general.

Official textecfr.govlast amended

Section 651 is applicable only to a trust the governing instruments of which:

# (a)

Requires that the trust distribute all of its income currently for the taxable year, and

# (b)

Does not provide that any amounts may be paid, permanently set aside, or used in the taxable year for the charitable, etc., purposes specified in section 642(c),

and does not make any distribution other than of current income. A trust to which section 651 applies is referred to in this part as a “simple” trust. Trusts subject to section 661 are referred to as “complex” trusts. A trust may be a simple trust for one year and a complex trust for another year. It should be noted that under section 651 a trust qualifies as a simple trust in a taxable year in which it is required to distribute all its income currently and makes no other distributions, whether or not distributions of current income are in fact made. On the other hand a trust is not a complex trust by reason of distributions of amounts other than income unless such distributions are in fact made during the taxable year, whether or not they are required in that year.

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In this part (40 sections)
  1. 1.642(i)-1 · Certain distributions by cemetery perpetual care funds.
  2. 1.642(i)-2 · Definitions.
  3. 1.643(a)-0 · Distributable net income; deduction for distributions; in…
  4. 1.643(a)-1 · Deduction for distributions.
  5. 1.643(a)-2 · Deduction for personal exemption.
  6. 1.643(a)-3 · Capital gains and losses.
  7. 1.643(a)-4 · Extraordinary dividends and taxable stock dividends.
  8. 1.643(a)-5 · Tax-exempt interest.
  9. 1.643(a)-6 · Income of foreign trust.
  10. 1.643(a)-7 · Dividends.
  11. 1.643(a)-8 · Certain distributions by charitable remainder trusts.
  12. 1.643(b)-1 · Definition of income.
  13. 1.643(b)-2 · Dividends allocated to corpus.
  14. 1.643(c)-1 · Definition of “beneficiary”.
  15. 1.643(d)-1 · Definition of “foreign trust created by a United States…
  16. 1.643(d)-2 · Illustration of the provisions of section 643.
  17. 1.643(f)-1 · Treatment of multiple trusts.
  18. 1.643(h)-1 · Distributions by certain foreign trusts through…
  19. 1.642(c)-6A · Valuation of charitable remainder interests for which the…
  20. 1.645-1 · Election by certain revocable trusts to be treated as part of…
  21. 1.651(a)-1 · Simple trusts; deduction for distributions; in general.
  22. 1.651(a)-2 · Income required to be distributed currently.
  23. 1.651(a)-3 · Distribution of amounts other than income.
  24. 1.651(a)-4 · Charitable purposes.
  25. 1.651(a)-5 · Estates.
  26. 1.651(b)-1 · Deduction for distributions to beneficiaries.
  27. 1.652(a)-1 · Simple trusts; inclusion of amounts in income of…
  28. 1.652(a)-2 · Distributions in excess of distributable net income.
  29. 1.652(b)-1 · Character of amounts.
  30. 1.652(b)-2 · Allocation of income items.
  31. 1.652(b)-3 · Allocation of deductions.
  32. 1.652(c)-1 · Different taxable years.
  33. 1.652(c)-2 · Death of individual beneficiaries.
  34. 1.652(c)-3 · Termination of existence of other beneficiaries.
  35. 1.652(c)-4 · Illustration of the provisions of sections 651 and 652.
  36. 1.661(a)-1 · Estates and trusts accumulating income or distributing…
  37. 1.661(a)-2 · Deduction for distributions to beneficiaries.
  38. 1.661(b)-1 · Character of amounts distributed; in general.
  39. 1.661(b)-2 · Character of amounts distributed when charitable…
  40. 1.661(c)-1 · Limitation on deduction.
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