wes-taxman
Level 1
 
0 Cheers
sjrcpa
Level 15

Is the trustee a professional trustee? That is, is this a trade or business for the trustee?


Ex-AllStar

View solution in original post

0 Cheers
Marc-TaxMan
Level 8
If this is not a professional, the net C income is exempt from SE tax.
If it is a pro, I have not dissected the specified services list to see if that applies
0 Cheers