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DNI and TAI on complex trust with Depreciation, Tax-exempt Interest, and Large Capital Gain

By jasdlm
March 31, 2022 in General Chat

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Posted March 31, 2022

Why does it always take me 2 hours to calculate this ... you would think I could follow my spreadsheets from year to year.

Why don't I just trust the ATX calculation and move on.

Why am I trying to force the capital gain to fit an exception so I can distribute it and avoid the surcharge.

Why did people create complicated, restrictive trusts in 1998 and then never update to simplify when the laws changed.

Why didn't I pay better attention that day in Class.

Woe is me.

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