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A trust is entitled to a depreciation deduction of $5,000. The trust is required to distribute all of its accounting income at least annually to
A trust is entitled to a depreciation deduction of $5,000. The trust is required to distribute all of its accounting income at least annually to Janet. The trust has accounting income of $25,000 and has DNI of $30,000. How is the depreciation deduction allocated between the trust and Janet
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