Question
25. Distributions to estate/trust beneficiaries in excess of DNI a. carry over to the next tax year for taxation. b. do not affect the income
25. Distributions to estate/trust beneficiaries in excess of DNI a. carry over to the next tax year for taxation. b. do not affect the income taxes of the estate/trust or beneficiaries. c. cannot be legally made. d. should be returned to the estate/trust by the beneficiaries to avoid undesirable income tax consequences.
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The Power Of Accounting What The Numbers Mean And How To Use Them
Authors: Lawrence Lewis
1st Edition
0415884306, 978-0415884303
