Search results with tag "California trust"

When is an irrevocable trust’s income taxable in California?

A resident beneficiary of a discretionary trust has a non-contingent interest if the distribution is at the trustee’s discretion. 6 ... www.caltax.com June 1, 2014 California trust and a nonresident beneficiary Whenever there is a trust, there are two potential taxpayers: the …

  Trust, California, Discretionary, Discretionary trust, California trust