Can a trust document assign to specific income beneficiaries the right to receive certain tax-favorable items (e.g. ,MACRS deductions,exempt income)? Or must all distributions follow the character of income and deductions appearing in distributable net income (DNI)? Explain.

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The Answer of Can a trust document assign to specific income beneficiaries the right to receive certain tax-favorable items (e.g. ,MACRS deductions,exempt income)? Or must all distributions follow the character of income and deductions appearing in distributable net income (DNI)? Explain.

Can a Trust Document Assign to Specific Income Beneficiaries the Right