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A nongrantor trust received income in the following amounts: - $3,000 in qualified dividends. - $2,000 in taxable interest. - $1,000 in tax-exempt interest. The
A nongrantor trust received income in the following amounts: - $3,000 in qualified dividends. - $2,000 in taxable interest. - $1,000 in tax-exempt interest. The only expenses were $1,000 in fiduciary fees. What portion of the fiduciary fees are deductible? $333$500$833$1,000
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