Does the distributable net income of an estate or trust always equal its deduction for distributions to beneficiaries? Are the two amounts ever equal in amount? Answer for estates, simple trusts, and complex trusts.
What will be an ideal response?
The distribution deduction for an estate or complex trust equals the deductible portion of DNI (i.e., after removing any net tax-exempt income) or the taxable amount that actually was distributed to beneficiaries during the tax year. For a simple trust, a full distribution of DNI is assumed even if actual asset distributions have not yet been made.
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________ strategies emphasize both new products and new markets to achieve growth
A) Diversification B) Market penetration C) Market development D) Product development E) Cash cow
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Indicate whether the statement is true or false
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Answer the following statement true (T) or false (F)