This webcast focuses on Distributable Net Income (DNI) and the calculation of the Distribution Deduction. The series of calculations determine and whether the fiduciary or the beneficiary bears the burden of taxation and if the trust or estate is treated as a taxpaying entity or a conduit.
The concept of Distributable Net Income (DNI). The steps to calculating the distribution deduction. Developing a schematic for calculating the distribution deduction. Allocating the distribution deduction to beneficiaries.
Familiarity with fiduciary taxation.
Tax practitioners, accountants and financial professionals.
Analyze the mechanism of DNI and the distribution deduction. Calculate DNI and the distribution deduction. Analyze the interaction of fiduciary accounting and taxation.
Jacqueline A. Patterson, JD, MBT, CPA, is a partner in the Los Angeles based firm of Haney, Buchanan & Patterson, LLP. She is a member of the California State, Los Angeles, and Beverly Hills Bar Associations. Ms. Patterson has written and facilitated full day tax seminars in the areas of corporate taxation, the income taxation of trusts and estates, tax research and planning, real estate transactions, charitable trusts and received the Foundation’s Meritorious Service Award in 2000.
Non-Member Price $109.00
Member Price $79.00