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

Google's service, offered free of charge, instantly translates words, phrases, and web pages between English and over 100 other languages.

Dec 1, 2017 · The QSST may be useful for estate planning purposes and for holding S stock for the benefit of a minor or incompetent.

Qualified subchapter S trust Qualified subchapter S trust - (1) Definition. A qualified subchapter S trust (QSST) is a trust (whether intervivos or testamentary), other than a foreign trust …

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 …

Mar 26, 2016 · In a simple world, the only assets owned by trusts would be publicly traded stocks, bonds, and cash. But this isn’t a simple world, and many grantors have less traditional sorts of …

Nov 8, 2022 · The IRS has published addition guidance for taxpayers requesting relief for late S corporation, a qualified subchapter S subsidiary, electing small business trust, and qualified …

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.

Qualified subchapter S trusts. (Estates & Trusts) by Diers, Dan A. Abstract- Qualified Subchapter S trusts (QSSTs) can provide tax payers with substantial income tax and estate tax savings. …

Part III Administrative, Procedural, and Miscellaneous 26 CFR 601.105: Examination of returns and claims for refund, credit or abatement; determination of correct tax liability. (Also Part I, § …