In Computing the Federal Taxable Income of a Trust, a Modified

question 22

Short Answer

In computing the Federal taxable income of a trust, a modified ____________________ approach is used.
or

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Definitions:

Apparent Surface

The visible outer layer or aspect of something, as perceived by an observer.

Freudian Slip

When what you really think deep down comes out as a slip of the tongue.

Misspeaks

Occurrences when an individual unintentionally says something wrong, inaccurate, or inappropriate, often due to a slip of the tongue.

Deeper Hidden Desire

An underlying or unconscious want or need that may drive behaviors or motivations in an individual.