Multiple Trust Planning and 199A Regs

Jonathan Curry discusses the IRS's rules addressing strategies using trusts to sidestep the section 199A deduction limitations and claim multiple deductions.

For more coverage in Tax Notes, see: 

• 199A Regs’ Multiple Trust Rule May Invite Challenges
• Creating Just One Trust for the 199A Deduction? Think Again
• Non-Grantor Trusts Still Useful in TCJA Planning
• IRS Drops Hammer on 199A, SALT Cap Workarounds
• IRS Likely to Trounce 199A Trust Planning Strategy