Page 396 - Small Business IRS Training Guides
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Tax Cuts and Jobs Act
Provision 13541
Expansion of Qualifying Beneficiaries of an Electing Small Business Trust
Overview
Introduction
The Tax Cuts and Jobs Act of 2017 (TCJA) expanded the types of persons who can be a potential current beneficiary of
an Electing Small Business Trust (ESBT) to include a nonresident alien individual.
Objectives
At the end of this lesson, you will be able to describe how the changes made by the TCJA affect who can be a beneficiary
of an ESBT.
73233-102 13541-1 Tax Cuts and Jobs Act
