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for follow up Question 30 of 30. Distributable net income (excluding tax-exempt interest): Serves as the upper limit on the amount of the Income
for follow up Question 30 of 30. Distributable net income (excluding tax-exempt interest): Serves as the upper limit on the amount of the Income Dis Will always equal fiduciary accounting income. O Usually includes capital gains and losses. Is calculated on Schedule A (Form 1041).
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MIS Essentials
Authors: David M. Kroenke
4th edition
978-0133546590, 133546594, 978-0133807479
