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Hi @tagteam
Sorry, due to personal issues, I've not followed up til now. I'm ready to resume. If you're still following this tread, may I ask:
The cost basis of assets are NOT part of DNI, right? That is, DNI (that is distributed to beneficiaries) consists only of gain (capital gains, interest, dividends, and such), correct?
Thanks for your attention and time!
Sorry, due to personal issues, I've not followed up til now. I'm ready to resume. If you're still following this tread, may I ask:
The cost basis of assets are NOT part of DNI, right? That is, DNI (that is distributed to beneficiaries) consists only of gain (capital gains, interest, dividends, and such), correct?
Thanks for your attention and time!
‎June 3, 2019
4:54 PM