Utah Statutes
§ 59-10-201 — Taxation of resident trusts and estates.
Utah·Title 59 Revenue and Taxation·Ch. 59-10 Individual Income Tax Act·Part 59-10-2 Trusts and Estates
(1)Except as provided in Subsection (2), a tax determined in accordance with the rate prescribed by Subsection 59-10-104(2)(b) is imposed for each taxable year on the state taxable income of each resident estate or trust.
(2)The following are not subject to a tax imposed by this part:
(2)(a) a resident estate or trust that is not required to file a federal income tax return for estates and trusts for the taxable year; or
(2)(b) a resident trust taxed as a corporation.
(3)A resident estate or trust shall be allowed the credit provided in Section 59-10-1003, relating to an income tax imposed by another state, except that the limitation shall be computed by reference to the taxable income of the estate or trust.
(4)The property of the Utah Educational Savings Plan established in Title 53H
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Legislative History
Amended by Chapter 9, 2025 Special Session 1
Nearby Sections
15
§ 59-1-1001
Statement of taxpayer rights.§ 59-1-1002
Audit interviews.§ 59-1-1003
Penalty waiver.§ 59-1-1004
Installment payments.§ 59-1-1005
Suits against commission and its employees.§ 59-1-101
Definitions.§ 59-1-103
Income Tax Surplus Restricted Account.§ 59-1-1101
Private collection of tax -- Fee.§ 59-1-1302
Definitions.