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

Question

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

Quizplus · Accepted Answer

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