Distributions to estatetrust beneficiaries in excess of dni


Distributions to estate/trust beneficiaries in excess of DNI a. carry over to the next tax year for taxation. b. do not affect the income taxes of the estate/trust or beneficiaries. c. cannot be legally made. d. should be returned to the estate/trust by the beneficiaries to avoid undesirable income tax consequences.

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Financial Accounting: Distributions to estatetrust beneficiaries in excess of dni
Reference No:- TGS01690533

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