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VA8
Level 1
03-11-2021
12:00 PM
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Transfer from partnership funds to a Trust? Will the trust owe taxes on the balance left into the account? If so why? A trust is not taxable until the monies holding are disbursed?
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IntuitAustin
Intuit Alumni
03-15-2021
09:48 AM
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Thank you for your question! Since this is a tax advice question, we’ve moved it to our product discussions board for discussion among your peers.
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Cheers!
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