26 CFR 1.643(a)-0
§ 1.643(a)-0 Distributable net income; deduction for distributions; in general.
United States · 26 CFR — Internal Revenue · Status: effective
Cite this
- Citation
- 26 CFR 1.643(a)-0, § 1.643(a)-0 Distributable net income; deduction for distributions; in general, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/110592
- Permanent ID
ys:prov:110592@1- SHA-256
2fa57e299c12f8ee593c7a95f19e1b03e5e97b98f4fee7d9c754531e0015cf77
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Full text
The term distributable net income has no application except in the taxation of estates and trusts and their beneficiaries. It limits the deductions allowable to estates and trusts for amounts paid, credited, or required to be distributed to beneficiaries and is used to determine how much of an amount paid, credited, or required to be distributed to a beneficiary will be includible in his gross income. It is also used to determine the character of distributions to the beneficiaries. Distributable net income means for any taxable year, the taxable income (as defined in section 63) of the estate or trust, computed with the modifications set forth in §§ 1.643(a)-1 through 1.643(a)-7.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.