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During 2014 an estate generated income of $47,000: Rental income $ 18,000 Interest income 15,000 Dividend income 14,000 The interest income is conveyed immediately to
During 2014 an estate generated income of $47,000: |
Rental income | $ | 18,000 | |||||
Interest income | 15,000 | ||||||
Dividend income | 14,000 | ||||||
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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