Part III Administrative, Procedural, and Miscellaneous 26 CFR 601.105: Examination of returns and claims for refund, credit or abatement; determination of correct tax liability. (Also Part I, § …

14.1.2 Reasons for Change The House Ways and Means Committee understood that there are situations where taxpayers may wish to separate different trades or businesses in different …

In United States federal income tax law, a qualified Subchapter S trust is one of several types of trusts that may retain ownership as the shareholder of an S corporation. The beneficiary of …

Aug 5, 2025 · Understand how a Qualified Subchapter S Trust (QSST) allows S corporation stock to be held in a trust while maintaining tax status. Learn the key requirements and setup process.

Qualified subchapter S trust election Qualified subchapter S trust election - (i) In general. This paragraph (j) (6) applies to the election provided in section 1361 (d) (2) (the QSST election) to …

Jun 10, 2024 · Trusts as S Corporation Shareholders: Elections, Eligibility, and Avoiding Loss of Subchapter S Status QSSTs, ESBTs, Grantor Trusts, and Testamentary Trusts

Nov 16, 2023 · A Trust that holds S corporation stock is confronted with the decision to make either a qualifying subchapter S trust (QSST) election or an electing small business trust …

Jan 6, 2025 · Explore trust structures for S corporations, including QSSTs and ESBTs, to maintain S status and achieve estate planning goals. Practical tips and considerations

Sep 25, 2023 · Qualified subchapter S trusts (QSST) are frequently used as an estate planning tool. These trusts allow holders of subchapter S stock to transfer ownership to a single …

Dec 1, 2017 · The QSST may be useful for estate planning purposes and for holding S stock for the benefit of a minor or incompetent.