When a Trust Incurs a Net Operating Loss,the Current-Year Deduction

question 65

True/False

When a trust incurs a net operating loss,the current-year deduction passes through to the income beneficiaries.

---

Definitions:

Individually Oriented

Focused on or catering to the needs, preferences, or objectives of a single person.

Interest in Helping

A predisposition or willingness to assist others or contribute to the welfare of individuals or communities.

Preschool Transition Activities

Activities designed to support young children as they move from a home setting into a preschool environment, aiding in adjustment and readiness.

Preschool Teachers

Educators who instruct children between the ages of about three and five, prior to kindergarten, focusing on early development and learning.