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Old 04-06-2021, 11:02 AM   #11
Descant
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Quote:
Originally Posted by joey2665 View Post
Correct no cap gain tax unless the asset is sold or if a beneficiary sells there share of the trust, naturally the sale in interest of the trust has to follow the guidelines as set forth in that particular trust.

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The operating fund/endowment invests in equities, sells something with a capital gain, there may be federal tax due depending on the amount and other tax related deductions.
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