a simple trust is required to currently distribute all of its income if the trust fails to distribute all of its income during the taxable year to the beneficiary which of following is true? a the trust may distribute the income to the beneficiary by march 6 of the following year without any tax consequences b the trust is required to pay tax on the entire amount of income retained during the taxable year c the tust is not required to pay tax on income since it is not a taxable entity d the beneficiary is required to pay tax on the income earned by trust even though the beneficiary did not receive a distribution