US Lawyer Database

71.15 Income computation. The standard deduction shall not be allowed in computing the taxable income of an estate, a trust or a common trust fund.

NOTE: This section is shown as renumbered from sub. (1) by the legislative reference bureau under s. 13.92 (1) (bm) 2.

History: 1987 a. 312; 2001 a. 102; 2021 a. 127; s. 13.92 (1) (bm) 2.