Is interest on an irrevocable funeral trust taxable?

Jun 27, 2019

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Is interest on an irrevocable funeral trust taxable?

Yes, the interest is taxable for the trust.

For more resources, check out PICPA’s Money & Life Tips, Ask a CPA, or CPA Locator.

Answered by: Paul K. Rudoy, CPA, PFS, is managing partner of H2R CPA in Pittsburgh.

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