Serbinski Accounting Firms

Correct, the estate allocated the income to the beneficiaries (but no distributions were made). My question was with respect to the US taxes. Is the beneficiary subject to US tax at the year of income allocation or at the time of distributions? (assuming the distribution was made in a later year) Th...

Thank you so much

What happened if in Canada the income was allocated to the beneficiaries but no distributions were made? (the estate deducted the allocation of income in order to arrive to taxable income and as such withheld taxes)

OT

and based on my finding, it is the distributions from the Canadian estate to a US resident that are taxed in the US, can someone confirm? Assuming the above is correct, If income was allocated to a US beneficiary, taxes withheld in Canada, can I choose to tax it in the US even if no distributions we...

A US resident is beneficiary of a Canadian estate - Estate income was allocated to the US beneficiary (T3/NR4). On his or her US return, should he report the income ot the distribution (if any)? The trust earned rental income - should the income reported in the US be as such (rental)? should the inc...