Aug 5, 2025 · Understand how a Qualified Subchapter S Trust (QSST) allows S corporation stock to be held in a trust while maintaining tax status. Learn the key requirements and setup process.

Dec 1, 2017 · The QSST may be useful for estate planning purposes and for holding S stock for the benefit of a minor or incompetent.

Qualified subchapter S trust election Qualified subchapter S trust election - (i) In general. This paragraph (j) (6) applies to the election provided in section 1361 (d) (2) (the QSST election) to …

Nov 16, 2023 · A Trust that holds S corporation stock is confronted with the decision to make either a qualifying subchapter S trust (QSST) election or an electing small business trust …

Jan 6, 2025 · Explore trust structures for S corporations, including QSSTs and ESBTs, to maintain S status and achieve estate planning goals. Practical tips and considerations

CP288 tells you we accepted your election or treatment as a Qualified Subchapter S Trust (QSST).

In United States federal income tax law, a qualified Subchapter S trust is one of several types of trusts that may retain ownership as the shareholder of an S corporation. The beneficiary of …

Mar 26, 2016 · In a simple world, the only assets owned by trusts would be publicly traded stocks, bonds, and cash. But this isn’t a simple world, and many grantors have less traditional sorts of …

Apr 14, 2025 · Irrevocable Life Insurance Trusts (ILITs) and Qualified Subchapter S Trusts (QSSTs) can be helpful in your estate planning.

Mar 13, 2024 · A QSST is a trust that has only one current income beneficiary (who must be a citizen or resident of the U.S.), all income must be distributed currently, and the trust corpus …