Final regulations and removal of temporary regulations.
Category
tax-irs
Sub-agency
IRS
Publication date
2014-05-09
Effective date
2014-05-09
Treasury docket
TD 9664
Abstract
This document contains final regulations that provide guidance on which costs incurred by estates or trusts other than grantor trusts (non-grantor trusts) are subject to the 2-percent floor for miscellaneous itemized deductions under section 67(a) of the Internal Revenue Code. These regulations affect estates and non-grantor trusts.