Randall Posted November 21, 2012 Report Posted November 21, 2012 Final short year Ky trust ending Nov 30. Funds to be distributed, some dividend and cap gains to be reported on final K-1s. Most beneficiaries are nonresidents of Ky. I was wondering if tax withholding needs to be done. I can't find something specific. Ky PTEs seem to refer to Partnerships, LLC, S Corps, etc. Not trusts. PTE withholding is required for these. Nothing on the Ky 741 form indicates this either. Anyone familiar with Ky trusts know if tax withholding needs to be done. I see some other states (OH & WI) include trusts in their PTE withholding requirement. Quote
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