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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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