Which of the Following Statements Accurately Describes the Rules Pertaining

Which of the following statements accurately describes the rules pertaining to qualified graduated rate estate trusts?

A) Trusts that qualify as graduated rate estate trusts may use a non-calendar tax year, and they are subject to the highest federal personal tax rate.
B) Trusts that qualify as graduated rate estate trusts may use a non-calendar tax year, and they may apply the full range of rates from the personal graduated tax rate scale.
C) Trusts that qualify as graduated rate estate trusts must use the calendar year as their taxation year, and they may apply the full range of rates from the personal graduated tax rate scale.
D) Trusts that qualify as graduated rate estate trusts must use the calendar year as their taxation year, and they are subject to the highest federal personal tax rate.