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Statement of Trust Income Allocations and Designations T3 Select: R16 TAXATION YEAR: TRUST NAME: ADDRESS (1): ADDRESS (2): CITY: PROVINCE: COUNTRY CODE: POSTAL CODE: SUBSCRIPTION RECEIPTS Preparer
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What is statement of trust income?
A statement of trust income is a document that details the income earned by a trust during a specific period.
Who is required to file statement of trust income?
The trustee or fiduciary of a trust is required to file the statement of trust income.
How to fill out statement of trust income?
The statement of trust income should be filled out by providing accurate information about the trust's income, expenses, and distributions.
What is the purpose of statement of trust income?
The purpose of the statement of trust income is to report the financial activities of the trust and ensure compliance with tax laws.
What information must be reported on statement of trust income?
The statement of trust income must include details of the trust's income, expenses, and distributions.
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