Minnesota § 290.22 ESTATES AND TRUSTS, IMPOSITION OF TAX

Minnesota Statutes

§ 290.22 — ESTATES AND TRUSTS, IMPOSITION OF TAX

Minnesota § 290.22

PartVARIOUS STATE TAXES AND PROGRAMS

Ch. 290INCOME AND FRANCHISE TAXES

This text of Minnesota § 290.22 (ESTATES AND TRUSTS, IMPOSITION OF TAX) is published on Counsel Stack Legal Research, covering Minnesota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Minn. Stat. § 290.22 (2026).

Text

The taxes imposed by this chapter upon individuals shall apply to the income of estates or of any kind of property held in trust, including:

(1)income accumulated in trust for the benefit of unborn or unascertained person or persons with contingent interests, and income accumulated or held for future distribution under the terms of the will or trust;

(2)income which is to be distributed currently by the fiduciary to the beneficiaries, and income collected by a guardian of an infant which is to be held or distributed as the court may direct;

(3)income received by estates of deceased persons during the period of administration or settlement of the estate; and

(4)income which, in the discretion of the fiduciary, may be either distributed to the beneficiaries or accumulated.

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The taxes imposed by this chapter upon individuals shall apply to the income of estates or of any kind of property held in trust, including:
(1) income accumulated in trust for the benefit of unborn or unascertained person or persons with contingent interests, and income accumulated or held for future distribution under the terms of the will or trust;
(2) income which is to be distributed currently by the fiduciary to the beneficiaries, and income collected by a guardian of an infant which is to be held or distributed as the court may direct;
(3) income received by estates of deceased persons during the period of administration or settlement of the estate; and
(4) income which, in the discretion of the fiduciary, may be either distributed to the beneficiaries or accumulated.