Which of the Following Is Not an Addition to Trust

question 57

Multiple Choice

Which of the following is not an addition to trust taxable income when computing distributable net income (DNI) ?

• A)distribution deduction
• B)capital gains allocated to principal
• C)tax-exempt interest
• D)personal exemption

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Definitions:

Transactional

Refers to interactions or exchanges between people or entities, often based on the principle of give and take.

Preconceived Expectations

Assumptions or beliefs formed before having any direct evidence or experience.

Medical Problems

Health issues or conditions that require diagnosis, treatment, or ongoing management by healthcare professionals.

Sociohistorical System

The study of social phenomena and historical contexts as interconnected aspects influencing human behavior and societal change.