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Distributable net income Select one: a. is the dividend and interest earned by a trust in a year less expenses. b. is the minimum amount
Distributable net income
Select one:
a. is the dividend and interest earned by a trust in a year less expenses.
b. is the minimum amount that must be distributed by a complex trust.
c. limits the amount of a distribution that is taxable to the beneficiary.
d. is only made up of taxable income.
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