Is a Trust Subject to the Alternative Minimum Tax? or Does

question 55

Essay

Is a trust subject to the alternative minimum tax? Or does the trust "pass through" AMT items to its grantor and beneficiaries?

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Definitions:

Bodybuilders

Individuals who engage in intensive physical training and dieting to develop and maintain an aesthetically muscular physique, often for competitive display.

Multiculturalism

A policy or ideology that promotes the inclusion, representation, and rights of diverse cultural groups within a society.

Cultural Imperialism

The practice of promoting and imposing a culture, usually that of a politically dominant nation, over a less powerful society.

Cultural Relativism

The principle that an individual's beliefs and activities should be understood by others in terms of that individual's own culture.