Multiple Choice
A trust established for the benefit of A, age 23, and B, age 13, generated $8,000 of dividend income.The trustee distributed $2,000 to A and $1,500 to B.The taxable income of the trust (before the exemption deduction) is
A) $8,000
B) $6,000
C) $4,500
D) $0
Correct Answer:
Verified
Correct Answer:
Verified
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