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During 2014 an estate generated income of $20,000: Rental income $ 9,000 Interest income 6,000 Dividend income 5,000 The interest income is conveyed immediately to
| During 2014 an estate generated income of $20,000: |
| Rental income | $ | 9,000 | |||||
| Interest income | 6,000 | ||||||
| Dividend income | 5,000 | ||||||
| The interest income is conveyed immediately to the beneficiary stated in the decedents will. The dividends are given to the decedents church. |
| What is the taxable income of the estate? |
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Construction Industry IRS Audit Techniques Guide
Authors: Internal Revenue Service
1st Edition
1304131920, 978-1304131928
