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A reasonable portion of indirect expenses of a trust must be allocated to tax-exempt income. The remainder of the indirect expenses are: Nondeductible. Allocated to

A reasonable portion of indirect expenses of a trust must be allocated to tax-exempt income. The remainder of the indirect expenses are:

Nondeductible.

Allocated to the specific class of income to which they are attributable.

Allocated to taxable income.

Allocated pro rata among all types of income

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