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This Year, the Huang Trust Is a Complex Trust

Question 10

Multiple Choice

This year, the Huang Trust is a complex trust. This year, it distributed all of its accounting income and $5,000 from corpus, to its sole income beneficiary Kun. Huang's taxable income for the year is:


A) $0.
B) ($100) .
C) ($300) .
D) ($5,000) .

Correct Answer:

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