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. Trusts …

Dec 1, 2017 · Net investment income tax of a QSST. Individuals, estates, and certain trusts are subject to a net investment income tax, which is an additional tax of 3.8%.

Jul 18, 2024 · QSSTs allow for professional management of the S corporation shares, ensuring that the assets are handled wisely and in accordance with your estate plan. By maintaining the S corporation …

At Clausen and Centrich PLLC, we are dedicated to providing our clients with comprehensive assistance while making sure that their QSST is set up in accordance with the law.

Although Qualified Subchapter S Trusts (QSSTs) are an option, they have disadvantages. For example, only one beneficiary can benefit from the QSST throughout their lifetime. As a result, the …

In United States federal income tax law, a qualified Subchapter S trust is one of several types of trusts that may retain ownership as the shareholder of an S corporation. The beneficiary of such a trust …

Jan 4, 2025 · A Qualified Subchapter S Trust (QSST) is a specific type of trust that allows individuals to hold shares in a Subchapter S corporation while complying with the requirements set by the Internal …

CP288 tells you we accepted your election or treatment as a Qualified Subchapter S Trust (QSST).

QSSTs are different than other other S corporation trusts in that the beneficiary is usually someone other than the grantor of their estate. Grantors/shareholders can use the QSST to make a gift of all or part …

May 1, 2022 · Compared to ESBTs, QSSTs generally have significant disadvantages. 7 These include: There can be only one lifetime beneficiary of a QSST, meaning that the beneficiary’s children cannot …