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Topic
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2010 Estate Income
$20,000 Taxable interest
10000Net long-term capital gains allocable to corpus
2010 Estate Disbursement
$5,000 Administrative expenses attributable to taxable
income
28. For the 20 I0 calendar year, what was the.estate’s
distributable net income (DNI)?
a. $15,000
b. $20,000
c. $25,000
d. $30,000
The answer is 15k. My only question is why didnt they subtract the net long term cap gain from the interest???? I thought it should reduce the income????
FAR 5/14 88 PASSED!
REG 7/13 74 :((((((((....! I cant believe it!!!! I studied so hard...
REG retake 11/29 -> 89!!!!!!!!!!!!!!!!!!!
BEC 10/11/12 -> 84!!!!!!!!!!!!!
AUD 10/25/12 -> 95!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!I'm DONE! OMG 8 months of hard work.
I SHALL PASS. BECAUSE IT'S ME, SO EVERYTHING WILL BE OK!
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