Federal Income Tax of Trusts/Estates
- Semester: Fall 2024
- Course ID: 292U
- Credit Hours: 2
-
Unique: 28585
Course Information
- Grading Method: Pass/Fail Allowed (JD only)
- Will use floating mean GPA if applicable
Registration Information
- Upperclass-only elective
- Prerequisite: Federal Income Taxation (93Q)
Meeting Times
Day | Time |
---|---|
TUE, WED | 1:05 - 1:55 pm |
Evaluation Method
Type | Date | Time | Location |
---|---|---|---|
Final exam | December 11, 2024 |
Description
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.
Prerequisite: LAW 293Q, 393Q, 493Q, 593Q or 254J, 354J, 454J, 554J. Federal Income Taxation.