 | Administrative law - 1986 - 618 pages
...beneficiaries. (a) In computing the taxable income of an estate or trust there is allowed under section 661(a) as a deduction for distributions to beneficiaries...computed under section 643(a) and as modified by section 66KO. See § 1.66KO-1. (b) The term "income required to be distributed currently" includes any amount... | |
 | Administrative law - 1992 - 652 pages
...beneficiaries. (a) In computing the taxable income of an estate or trust there is allowed under section 661(a) as a deduction for distributions to beneficiaries...computed under section 643(a) and as modified by section 66KO. See § 1.66KO-1. (b) The term income required to be distributed currently includes any amount... | |
 | Administrative law - 1967 - 408 pages
...beneficiaries. (a) In computing the taxable income of an estate or trust there is allowed under section 661 (a) as a deduction for distributions to beneficiaries...However, the total amount deductible under section 661 (a) cannot exceed the distributable net income as computed under section 643 (a) and as modified... | |
 | Administrative law - 1960 - 880 pages
...there is allowed under section 661 (a) as a deduction for distributions to beneficiaries the sum oí : (1) The amount of income for the taxable year which...However, the total amount deductible under section 661 (a) cannot exceed the distributable net income as computed under section 643 (a) and as modified... | |
 | Administrative law - 1995 - 738 pages
...beneficiaries. (a) In computing the taxable income of an estate or trust there is allowed under section 661(a) as a deduction for distributions to beneficiaries...which is required to be distributed currently, and 26 CFR Ch. I (4-1-95 Edition) (2) Any other amounts properly paid or credited or required to be distributed... | |
 | United States. Internal Revenue Service - Internal revenue - 1968 - 1034 pages
...entitled to a deduction, in computing taxable income in any taxable year, equal to the sum of (1) amounts required to be distributed currently; and (2) any...required to be distributed for such taxable year, but such deduction shall not exceed the distributable net income of the estate. Thus, the nonresident... | |
 | United States. Congress. Senate. Committee on Finance - Finance, Public - 1954 - 1186 pages
...which the total of any amount of income for such taxable year required to be distributed currently and any other amounts properly paid or credited or required to be distributed for such taxable year exceeds distributable net income for any taxable year by an amount in excess of $2,000. (2) EXCEPTIONS.—... | |
 | United States. Congress. Senate. Committee on Finance - Taxation - 1954 - 662 pages
...which the total of any amount of income for such taxable year required to be distributed currently and any other amounts properly paid or credited or required to be distributed for such taxable year exceeds distributable net income for any taxable year by an amount in excess of $2,000. (2) EXCEPTIONS.—... | |
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B applies), the sum of— (1) any amount of income for such taxable year required to be distributed currently (including any amount required to be distributed which may be paid out of income or corpus to the extent such amount is paid out of income for... 
