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Hannah and Issac have been married for over 30 yearsThe couple has two daughters, Lalsage 20, and Mona, lonaage 27. A few years ago, Hannah
Hannah and Issac have been married for over 30 yearsThe couple has two daughters, Lalsage 20, and Mona, lonaage 27. A few years ago, Hannah & Isaac created beneficiaries. For the year ended December 31, 2023a trust naming both their daughters as equal the trust generated income of $27 000 after after all relevant expenses were dedactedFrom this amountboth Lala and Mona received $12,000 each. What amount of income will be taxed within the trust? $27,000 $3,000 $24,000 $12,000
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