A Simple Trust Has a Distributable Net Income (DNI)of $50,000

question 3

Multiple Choice

A simple trust has a distributable net income (DNI) of $50,000 and net accounting income of $60,000,all from taxable sources.The trust has a sole beneficiary,Marty.The trust reports on a calendar tax year and distributes the $60,000 of 2008's net accounting income to Marty on January 20,2009.No other distributions are made in the current year.Marty's taxable income from the trust this year is

• A)$0.
• B)$49,700.
• C)$50,000.
• D)$60,000.

Recognize the importance of environmental factors and community infrastructure in disease prevention.

Understand the historical development of public health initiatives and their impact on community health.

Analyze the role of government and non-governmental organizations in the advancement of public health.

Identify key figures and their contributions to public health and nursing.

---

Definitions:

Derivatives

Derivatives are financial instruments whose value is derived from the performance of an underlying asset, index, or interest rate, used for speculation or hedging risks.

US Agency Bonds

Securities issued by agencies of the United States government or government-sponsored enterprises, offering a relatively safe investment.

Buildings

Structures constructed for residential, commercial, or industrial purposes.

Land

Refers to a property or real estate, excluding buildings or equipment, that is considered a fixed asset.