A tax entity, often called a fiduciary, includes all of the following except
A)estates.
B)complex trusts.
C)testamentary trusts.
D)All of the above are fiduciaries.

Question

Quizplus · Accepted Answer

All of the above options (estates, complex trusts, and testamentary trusts) are considered tax entities or fiduciaries. Therefore, none of them should be excluded from the options given.

A Tax Entity, Often Called a Fiduciary, Includes All of the Following