The Fiduciary Income Taxes course provides you with
an understanding of tax terminology and concepts
applicable to estates and trusts. The course contains
detailed information regarding fairly complex
concepts. Examples, self-check quizzes, and practice
activities are used throughout the material to enhance
your understanding of the concepts presented.
After successfully completing this course, you should be able to:
Distinguish between simple and complex trusts
Explain the concept of the fiduciary account as a
conduit
Explain the basic concept and purpose of
distributable net income (DNI)
Calculate trust accounting income
Calculate distributable net income (DNI)
Calculate the distribution deduction
Determine the amount of income taxable to each
beneficiary
Who Should Attend:
Trust Officers who have already achieved a basic level
of knowledge and expertise in the trust field.
