InstantForum.NET v4.1.4California Society of CPAshttp://forums.calcpa.org/forums@calcpa.orgMon, 21 May 2012 03:52:20 GMT20http://forums.calcpa.org/Topic89-2-1.aspxI treat terminating trusts as "trusts" under the California rules unless there is a Section 645 election. You might check for any rulings, etc. on R&TC 17751, which deals with IRC Section 645 for California purposes, but a plain reading of it seems to say that if there is no 645 election, then the trust rules apply. Let us know if you find anything.Wed, 01 Mar 2006 20:41:58 GMTJohn Jacobsonhttp://forums.calcpa.org/Topic89-2-1.aspxIs there a Section 645 election in effect?Wed, 01 Mar 2006 12:59:35 GMTJohn Jacobsonhttp://forums.calcpa.org/Topic89-2-1.aspxAdministrative trust with 1 CA trustee and 1 non-resident trustee and 2 CA beneficiaries and 1 non-resident beneficiary. Is an administrative trust treated like an estate in that all taxable income would be taxed in CA if the decedent was a CA resident or is it truly a trust where we apportion the income? I initially thought the later, except that administrative trusts are treated like estates for estimated tax purposes. Wed, 01 Mar 2006 07:49:12 GMTK Kobata