Undistributed Net Income

Undistributed Net Income

About Undistributed Net Income:

(also called UNI) for a trust, the excess of distributable net income (DNI) over the sum of the amount required to be distributed currently and any amount of taxes imposed on the trust attributable to DNI. Former IRC (check if this IRC provision is current here) §665(a).


Posted

in

by

Tags:

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *