Distributions to estate and trust beneficiaries in excess

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Distributions to estate/trust beneficiaries in excess of DNI a. carry over to the next tax year for taxation. b. do not affect the income taxes of the estate/trust or beneficiaries. c. cannot be legally made. d. should be returned to the estate/trust by the beneficiaries to avoid undesirable income tax consequences.

Reference no: EM131287797

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