Mississippi Administrative Code
Title 35 - Department of Revenue
Part 3 - Income and Franchise
Subpart 10 - Other Entities and Miscellaneous
Chapter 01 - Fiduciaries
Section 35-3-10-01-115 - Income Taxable to Beneficiaries

Any amount described in this regulation as being deductible from the gross income of the estate or trust shall be included in computing the net income of the legatees, heirs or beneficiaries, except in the case of income distributed to nonresidents of this state from investments in intangibles (dividends, interest etc.) having a situs in Mississippi in which case such amounts may be excluded. Income from other sources distributed to nonresidents shall be included in gross income and reflected in the return filed by such nonresident with this state.