A simple trust has the following results:
$\begin{array} { l }
\text {DNI }&\$60,000\
\text {Net tax-exempt interest }&8,000\
\text {Net accounting income }&62,000\
\end{array}$
Calculate the distribution deduction.

Question

A simple trust has the following results:
 $\begin{array} { l  }
 \text {DNI }&\$60,000\
 \text {Net tax-exempt interest }&8,000\
 \text {Net accounting income }&62,000\
\end{array}$
 Calculate the distribution deduction.

Quizplus · Accepted Answer

The Answer of A simple trust has the following results:
 $\begin{array} { l  }
 \text {DNI }&\$60,000\
 \text {Net tax-exempt interest }&8,000\
 \text {Net accounting income }&62,000\
\end{array}$
 Calculate the distribution deduction.