26 U.S.C. § 644
Taxable year of 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 to a trust described in section 4947(a)(1).
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Cited by 5
- 26 CFR § 1.441-1 — Period for computation of taxable income.
- 26 CFR § 1.645-1 — Election by certain revocable trusts to be treated as part of estate.
- 26 CFR § 301.6621-1 — Interest rate.
- 26 CFR § 301.9100-7T — Time and manner of making certain elections under the Tax Reform Act of 1986.
- 26 U.S.C. § 706 — Taxable years of partner and partnership
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