1. What is the unified credit and what is the 2020 maximum unified credit?

2. The Alto Family Trust has the following income and expenses:

Interest income $8,000

Tax-exempt income $6,000

Capital gain income $4,000

Fiduciaries fees $2,000

The trust agreement allocates fiduciaries fees to trust income. Capital gains are allocated to trust corpus. Accounting income is distributed to Sue, the sole beneficiary, at the end of the year.

Required / What is the taxable income?