A distribution from estate income currently required was made to the estates sole beneficiary during its calendar

Question:

A distribution from estate income currently required was made to the estate’s sole beneficiary during its calendar year. The maximum amount of the distribution to be included in the beneficiary’s gross income is limited to the estate’s:
a. Capital gain income.
b. Ordinary gross income.
c. Distributable net income.
d. Net investment income.

Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...

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