@VAerwrote:
Is it possible for them to use income tax for federal tax return and use sale tax for state tax return?
No, because states without a tax on income ...
@Farmgirl123wrote:
If there is a simple trust and the beneficiaries are suppose to get all the income, does it stand to reason they would get all the deduction ...
@jff119wrote:
If I can't use it, why are they selling it ??? I mean other than to lock in the sale early and post some revenue on the books ...
To lock in sale...