Green Trust was created on December $14,2004$ by Mason Hayes as a method of supporting the

financial needs and education of his two children, Marcus and Ellen. Its Federal identification

number is $11-1111122.$ The trustee, Wisconsin State National Bank, is located at $3100$ East

Wisconsin Avenue, Milwaukee, WI $53201.$

The year's activities of the trust include the following.$|$

Dividend income, all qualified U$.$S$.$ stocks

$$10,000$

Taxable interest income

Tax$-$exempt interest income

$20,000$

Net long$-$term capital gain, incurred $11/1$

Trustee's fees

$6,000$

Under the terms of the trust instrument, net capital gains and losses, and administrative

fees are allocable to corpus.

The trustee is required to distribute $$25,000$ to Marcus Hayes every year.

For the year, the trustee distributed $$40,000$ to Marcus and $$40,000$ to Marcus's sister,

Ellen Hayes.

Marcus lives at $9880$ East North Avenue, Shorewood, WI $53211.$ His Social Security

number is $123-45-6788.$

The trustee paid $$4,000$ in estimated taxes for the year on behalf of the trust.

Requirements:

First page of the $1041$

Schedule B

Schedule K$-1$ for Marcus $($please include only numbers code A and E in Box $14)$

Client letter to Marcus RE: the completed $1041$

Supporting workpaper for DNI allocation $($including a step$-$by$-$step explanation$)$

Supporting workpaper for DNI Character $($including a step$-$by$-$step explanation$)$

Supporting workpaper summarizing the trust structure and type