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Get your taxes done using TurboTax
Yes, but you have to understand that a distribution will carry out DNI (distributable net income).
To the extent that income is taxable, it will appear on the beneficiaries' K-1s and will be included in their gross income.
To the extent that income is taxable, it will appear on the beneficiaries' K-1s and will be included in their gross income.
‎June 3, 2019
4:54 PM