Charitable Deductions For Non-Grantor Trusts

The general tax rule is that trusts compute their income and deductions as if they were individuals.¹ Probably the most significant exception to this rule is the charitable deduction: The rules are so different for trusts that it may be easier to forget everything you know about individual income tax rules and start over.² Grantors of grantor trusts deduct the contributions made by the trust as if the grantor had made them personally.³ If a trust is only