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.

Part III Administrative, Procedural, and Miscellaneous 26 CFR 601.105: Examination of returns and claims for refund, credit or abatement; determination of correct tax liability. (Also Part I, § …

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.

Nov 8, 2022 · The IRS has published addition guidance for taxpayers requesting relief for late S corporation, a qualified subchapter S subsidiary, electing small business trust, and qualified …

Sep 25, 2023 · The term qualified subchapter S trust refers to one of the two trusts that can hold subchapter S corporation stock.

Jan 8, 2025 · The scope of this article is limited to those certain trusts which can hold S corporation stock, and specifically, how to file late elections to have such trusts qualify as a …

Qualified subchapter S trusts. (Estates & Trusts) by Diers, Dan A. Abstract- Qualified Subchapter S trusts (QSSTs) can provide tax payers with substantial income tax and estate tax savings. …

Jul 18, 2024 · Learn how a Qualified Subchapter S Trust (QSST) can protect your S corporation, reduce taxes, and simplify estate planning with expert legal guidance.

Jan 8, 2015 · The ABCs of late ESBT and QSST Elections: Subchapter S Election Relief under IRS Rev. Proc. 2013–30 Introduction In recent years, S-corporations have become a popular …

Note: This election to be an S corporation can be accepted only if all the tests are met under Who May Elect in the instructions, all shareholders have signed the consent statement, an officer …