U.S. Code > Title 26 Internal Revenue Code > Subtitle A—Income Taxes (§§ 1—1564) > CHAPTER 1—NORMAL TAXES AND SURTAXES (§§ 1—1400U3) > Subchapter J—Estates, Trusts, Beneficiaries, and Decedents (§§ 641—692) > PART I—ESTATES, TRUSTS, AND BENEFICIARIES (§§ 641—685) > Subpart A—General Rules for Taxation of Estates and Trusts (§§ 641—646) > § 644. Taxable year of trusts

§ 644. Taxable year of trusts

(a) In general
For purposes of this subtitle, the taxable year of any trust shall be the calendar year.
(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).