26 CAR § 100-115. Fiduciaries — Arkansas Code § 26-51-203

(a) Fiduciaries, generally — Arkansas Code § 26-51-203. (b) Arkansas income tax shall be levied against and paid by resident fiduciaries on the net income of: (1) Estates and trusts that has not been distributed (or become distributable) to beneficiaries during the tax year; (2) Deceased individuals received during the tax year who: (A) At the time of their death were residents; and (B) Died during the tax year without having made a return; and (3) Resident insolvent or incompetent individuals, whether or not any portion thereof is held for the future use of such individuals, where the fiduciary has complete charge of the net income. (c) Where there are two (2) or more joint fiduciaries, part of whom are nonresidents of Arkansas, the net income taxable to the fiduciaries shall be allocated equally. (d) The income tax imposed upon a fiduciary shall be a charge against the estate or trust, as opposed to a charge against the fiduciary personally.