A trust reports the following results: 
The trust must distribute all of its income annually.Calculate taxable income after the distribution deduction.
Definitions:
Lateral Thinking Method
A problem-solving approach that involves looking at situations from alternative perspectives to find creative solutions.
New Ideas
Fresh, innovative concepts or perspectives that have not been previously explored or implemented.
Fostering Development
Encouraging and supporting growth, progress, or advancement in a nurturing manner.
Vertical Thinking
A problem-solving approach that involves logical and sequential steps, focusing on known solutions and strategies.
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