Federal Income Tax of Trusts/Estates

This two-hour course examines Federal income taxation of estates, trusts, grantors, and beneficiaries, as prescribed by Subchapter J of the Internal Revenue Code. In particular, this course focuses on how the income taxation of estates and trusts differs from that of individuals. Central topics include distributable net income (DNI), the distribution deduction, the grantor trust rules, and income in respect of a decedent (IRD). This is an advanced course that assumes familiarity with basic principles of Federal income taxation and the law of wills and estates. Therefore, each student who enrolls must already have taken or be taking both FIT and Wills and Estates. Prerequisites/co-requisites: FIT and Wills and Estates.

Class Details

Meeting Days Time Location
Tuesday, Wednesday 1:15 - 2:05 pm JON 5.206/207
Evaluation Method Date Time Alpha Range Room
Final 5/8/20

Additional Information

Course Type
Grading Method
Pass/Fail Mandatory


  • Federal Income Taxation of Trusts and Estates: Cases, Problems and Materials - Ascher & Danforth
      Carolina Academic Press , edition: 4th ed. 2018
      ISBN: 978-1-5310-1112-3   (required)
  • Federal Estate & Gift Taxes: Code & Regulations, Including Related Income Tax Provisions - Wolters Kluwer Editorial Staff
      Wolters Kluwer , edition: 2019
      ISBN: 978-0-8080-48084   (required)