Tax Question

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  • #1969908
    jmm4hd
    Participant

    Hi,

    I am awaiting FAR score which will be released next week. The simulations caught me off guard. They were very involved and I was not properly prepared. I thought the multiple choice was pretty easy and the second testlet got considerably more difficult. I most likely failed and will be taking it again and plan to use the blueprint as a guide to target my simulation studies. Thank you for the post about that on this forum. That is a game changer.

    Do any tax professionals know if trust distributions would be considered investment income? I am trying to figure out if this can be used toward covering the $12,000 taxable minimum income needed to receive the obamacare 2018 subsidy?

    Thank you

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