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TXX5774 Distributable Net Income (DNI) a. will vary depending on the number of estate/trust beneficiaries. b.applies to estates but not trusts. c.as a general rule

TXX5774

Distributable Net Income (DNI)

a. will vary depending on the number of estate/trust beneficiaries.

b.applies to estates but not trusts.

c.as a general rule does not include capital gains.

d.does not limit the amount that can be taxed to the estate/trust beneficiaries.

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