Income tax paid by Trust

income tax paid by Trust - is it an application of income?
income tax refund by trust- is it an income?
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Quick Summary
This discussion clarifies the tax treatment of trusts. It addresses whether income tax paid by a trust is considered an application of its income. Furthermore, it clarifies that an income tax refund itself is not income, although any interest earned on that refund would be taxable.

Income tax refund is never an income only the interest earned on refund is an income..
Income tax paid by trust - is it an application of income?

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