The Tax Payable of an inter vivos trust will be calculated using the same schedule of progressive rates that applies to individuals.

Name: The Tax Payable of an inter vivos trust will be calculated using the same schedule of progressive rates that applies to individuals.
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Inter vivos trusts (trusts created during the grantor's lifetime) are generally taxed at the highest marginal rate applicable to individuals, rather than using the progressive rate schedule that applies to individual taxpayers.

The Tax Payable of an Inter Vivos Trust Will Be