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 K 41 Fiduciary Income Tax Return Rev 7 21 Resident Estate or Trust the Fiduciary of a Resident Estate or Trust Must File a Kansa 2021

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Video instructions and help with filling out and completing K 41 Fiduciary Income Tax Return Rev 7 21 Resident Estate Or Trust The Fiduciary Of A Resident Estate Or Trust Must File A Kansas Fiduciary Income Tax Return K 41 If The Estate Or Trust Had Any Taxable Income Or There Is Withholding Tax Due For Form

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[Music] hello i'm laura davis an act tech fellow from dallas texas and i'm here with farhad agtme an act tech fellow from richmond virginia today we're going to talk about the basics of fiduciary income taxation farhad what does fiduciary income taxation mean yeah well good morning laura it's good to see you again it's good to be here um fiduciary income taxation is really the income taxation of estates and trusts and that should be contrasted with the estate tax i know we use those terms somewhat interchangeably but when we're talking about fiduciary income taxation we're really talking about the income taxation of the assets that are in a person's estate or the income taxation of assets that are held in a trust and this should be contrasted with the estate tax which is really sort of a one-time tax that occurs at a person's death and i'll use a simple example or simple analogy to explain the distinction u

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