### Question
How does Treatment of Excess Distributions by Trusts define computation year?


### Answer
Under *26 U.S.C. § 667*, **computation year** is defined as:

> any of the three taxable years remaining after application of subsection (b)(1)(B)

#### Citation:
  - *26 U.S.C. § 667*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter J-Estates, Trusts, Beneficiaries, and Decedents > PART I-ESTATES, TRUSTS, AND BENEFICIARIES > Subpart D-Treatment of Excess Distributions by Trusts**

