[barelystayingsane]

Becker has a table of principal (corpus) vs. income rules for estate and trust receipts, which Olinto said to review but didn’t go over. I didn’t take a class in estate/trust tax, so most of the table is Greek to me. Is this something I should do some outside research on, or is it not a big deal? In all the Becker review questions, they’ve identified when something was related to corpus.

[SeattleAccountant]

@mattz,

IMHO, you must know how earnings attributed to corpus vs. estate/trust income are treated. This is essential for calculating DNI and DNI deduction. I don't recall doing separate research on this particular subject but recall making a flashcard for a theory and doing a sim on it to reinforce it (for those that are not familiar with Becker, there are some areas that covered very lightly and student is compelled to look up stuff on their own).

Becker Class of Jan - Aug 2013: FARB DONE!!!!
CPA license pending 🙂

[Author]

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