{"identifier":"/us/usc/t26/s644","title":26,"num":"\u00a7\u202f644.","heading":"Taxable year of trusts","text":"\u00a7\u202f644.\nTaxable year of trusts\n(a)\nIn general\nFor purposes of this subtitle, the taxable year of any trust shall be the calendar year.\n(b)\nException for trusts exempt from tax and charitable trusts\nSubsection (a) shall not apply to a trust exempt from taxation under section 501(a) or to a trust described in section 4947(a)(1).","url":"https://projectusc.org/usc/t26/s644.html","content":[{"t":"sec","id":"/us/usc/t26/s644","children":[{"t":"num","text":"\u00a7\u202f644."},{"t":"heading","text":"Taxable year of trusts"},{"t":"subsec","id":"/us/usc/t26/s644/a","children":[{"t":"num","text":"(a)"},{"t":"heading","text":"In general"},{"t":"content","children":[{"t":"p","text":"For purposes of this subtitle, the taxable year of any trust shall be the calendar year.","tail":"\n"}],"tail":"\n"}],"tail":"\n"},{"t":"subsec","id":"/us/usc/t26/s644/b","children":[{"t":"num","text":"(b)"},{"t":"heading","text":"Exception for trusts exempt from tax and charitable trusts"},{"t":"content","children":[{"t":"p","text":"Subsection (a) shall not apply to a trust exempt from taxation under section 501(a) or to a trust described in section 4947(a)(1).","tail":"\n"}],"tail":"\n"}],"tail":"\n"},{"t":"text","text":"\n"},{"t":"text","text":"\n"}]}]}