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Second tier distributions are: Amounts distributed to charitable organizations. The lesser of distributions to beneficiaries from the estate's or trust's income or distributable net income
Second tier distributions are: Amounts distributed to charitable organizations. The lesser of distributions to beneficiaries from the estate's or trust's income or distributable net income (DNI), each one calculated without tax-exempt income. Amounts included from the trust's or estate's income that are, or are required to be, distributed to beneficiaries. Amounts that the entity pays to the beneficiary out of principal, rather than income.
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