# 26 U.S.C. § 644: Taxable year of trusts

Source: OLRC release point 119-134 <https://uscode.house.gov/us/usc/119-134/t26/s644>. Cite pinpoints as 26 U.S.C. § 644(a)(1).

## § 644(a) In general

For purposes of this subtitle, the taxable year of any trust shall be the calendar year.

## § 644(b) Exception for trusts exempt from tax and charitable trusts

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).

## Connections

Cites: § 501 Exemption from tax on corporations, certain trusts, etc.; § 4947 Application of taxes to certain nonexempt trusts

Cited by: § 706 Taxable years of partner and partnership

## Prior provisions

- A prior section 644, added Pub. L. 94–455, title VII, § 701(e)(1), Oct. 4, 1976, 90 Stat. 1578; amended Pub. L. 95–600, title VII, § 701(p)(1)–(3), Nov. 6, 1978, 92 Stat. 2908; Pub. L. 96–471, § 2(b)(4), Oct. 19, 1980, 94 Stat. 2254; Pub. L. 99–514, title XV, § 1511(c)(5), Oct. 22, 1986, 100 Stat. 2745, related to special rule for gain on property transferred to trust at less than fair market value, prior to repeal by Pub. L. 105–34, title V, § 507(b)(1), Aug. 5, 1997, 111 Stat. 856.

## Amendments

- 1986-10-22: [Pub. L. 99-514](/26/act/99-514.md), 100 Stat. 2713
- 1997-08-05: [Pub. L. 105-34](/26/act/105-34.md), 111 Stat. 856