undistributed income year
Defined in 1 dictionary — U.S. Code
United States Code
26 U.S.C. § 668 — under this section
For purposes of this subsection, the term “undistributed income year” means any prior taxable year of the trust for which there is undistributed net income, other than a taxable year during all of which the beneficiary receiving the distribution was not a citizen or resident of the United States.