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Utah Code — Title 59 (Revenue and Taxation)

Utah Code § 59-10-201

Taxation of resident trusts and estates

Official textle.utah.gov

# (1)

Except as provided in Subsection (2), a tax determined in accordance with the rate prescribed by Subsection 59-10-104(2)(b) is imposed for each taxable year on the state taxable income of each resident estate or trust.

# (2)

The following are not subject to a tax imposed by this part:

# (a)

a resident estate or trust that is not required to file a federal income tax return for estates and trusts for the taxable year; or

# (b)

a resident trust taxed as a corporation.

# (3)

A resident estate or trust shall be allowed the credit provided in Section 59-10-1003, relating to an income tax imposed by another state, except that the limitation shall be computed by reference to the taxable income of the estate or trust.

# (4)

The property of the Utah Educational Savings Plan established in Title 53H, Chapter 10 Utah Education Savings, and the Utah Educational Savings Plan's income from operations and investments are exempt from all taxation by the state under this chapter.

Last amended: Amended by Chapter 9, 2025 Special Session 1

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In this chapter (40 sections)
  1. 59-10-104 · Tax basis -- Tax rate -- Exemption
  2. 59-10-104.1 · Exemption from taxation
  3. 59-10-110 · Disallowance of federal tax credits
  4. 59-10-114 · Additions to and subtractions from adjusted gross income of…
  5. 59-10-115 · Adjustments to adjusted gross income
  6. 59-10-116 · Tax on nonresident individual -- Calculation -- Exemption
  7. 59-10-116.1 · Exemption for out-of-state employee
  8. 59-10-117 · State taxable income derived from Utah sources
  9. 59-10-117.5 · Nonresident individual wage exemption
  10. 59-10-118 · Division of income for tax purposes
  11. 59-10-119 · Returns by husband and wife if husband or wife is a…
  12. 59-10-120 · Change of status as resident or nonresident
  13. 59-10-121 · Proration when two returns required
  14. 59-10-122 · Taxable year
  15. 59-10-123 · Accounting method
  16. 59-10-124 · Adjustments between taxable years after change in…
  17. 59-10-125 · Adjustment after change of accounting method
  18. 59-10-126 · Business entities not subject to tax -- Exceptions
  19. 59-10-136 · Domicile
  20. 59-10-137 · Review of credits allowed under this chapter
  21. 59-10-201 · Taxation of resident trusts and estates
  22. 59-10-201.1 · State taxable income of a resident estate or trust defined
  23. 59-10-202 · Additions to and subtractions from unadjusted income of a…
  24. 59-10-204 · State taxable income of a nonresident estate or trust
  25. 59-10-205 · Tax on nonresident estate or trust
  26. 59-10-207 · Share of a nonresident estate or trust and beneficiaries in…
  27. 59-10-209.1 · Adjustments to unadjusted income
  28. 59-10-210 · Fiduciary adjustments
  29. 59-10-401 · Definitions
  30. 59-10-402 · Requirement of withholding -- Exceptions
  31. 59-10-403 · Circumstances under which an employer is not required to…
  32. 59-10-404 · Extension of withholding to payments other than wages
  33. 59-10-405 · Voluntary withholding agreements
  34. 59-10-405.5 · Definitions -- Withholding tax license requirements --…
  35. 59-10-406 · Collection and payment of tax -- Forms filed electronically
  36. 59-10-407 · Withholding tax prepayments
  37. 59-10-408 · Withholding rules -- Agreements with federal government
  38. 59-10-501 · Rulemaking authority -- Federal income tax return…
  39. 59-10-502 · Persons required to file returns
  40. 59-10-503 · Returns by husband and wife
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