Homework Answers
Distribution deduction is the lower of following :-
A . Deductible portion of distributable net income (DNI) .
Or
B . Taxable amount actually paid.
In the given case we have deductible portion of DNI = 20000-3000 = $17000
Taxable amount actually paid = $8000.
Lower if A & B is $8000.
Therefore , distribution deduction = $8000.
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