Origin: Trustees, executors, and administrators can deduct trust or estate income that is currently payable to or irrevocably set aside for charitable purposes.
Origin: M.G.L. c. 62, §§ 3A(a)(2), 3B(a)(2), and 3C(a)(2)
Tax Type
Tax Expenditure
Item Number
Item Name
Description
Origin
FY2021
FY2022
FY2023
FY2024
FY2025
Personal Income Tax
Deductions from Adjusted Gross Income
1.412
Nontaxation of Charitable Purpose Income of Trustees, Executors or Administrators
Trustees, executors, and administrators can deduct trust or estate income that is currently payable to or irrevocably set aside for charitable purposes.
M.G.L. <a href="https://malegislature.gov/Laws/GeneralLaws/PartI/TitleIX/Chapter62/Section3" target="_blank">c. 62, §§ 3A(a)(2), 3B(a)(2), and 3C(a)(2)</a>
14.7
15.4
14.6
15.3
15.6
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