If the trust does not fall under the above categories, it may still qualify as an S corporation shareholder by filing an election to be treated as a qualified subchapter S trust QSST or an electing small business trust ESBT ..
Related posts to qsst trust
Shares of stock in Corporation X, an S corporation, are held by Trust A, a QSST for which a QSST election was made. B is the sole income beneficiary of Trust A..
PRESP-153734-12 4 grantor trust of the beneficiary and the beneficiary is treated as the S corporation shareholder for all purposes of 1361 b 1 , 1366, 1367 .
A Closer Look: ESBTs and QSSTs. 5/31/2016. Do you currently own or will potentially own stock in an S Corporation? Trust and estate law provides two different avenues .
One of the tax projects that we are working on involves a couple where the husband passed away in 2012 who owned a successful small business. As we go .