[Mars2010]

Please help:

this is in becker R4-23

Trust Definitions and Rules

1. Gross Income

Gross income is generally determined in the same manner as for individuals. It

includes capital gains.

2. Deductions

Deductions are allowed for ordinary and necessary expenses incurred in:

a. Carrying on a trade or business.

b. Production of income.

c. Management or conservation of income-producing property (including the

trustee’s or executor’s fees).

d. Determination, collection, or refund of any tax.

e. Contributions to a charity (an unlimited charitable deduction is allowed if such

contributions are provided for in the will).

I dont understand, does this DNI or it is of form 1041 ?

Could someone help please.

Thanks a lot