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Jesse's client needs clarification regarding charitable contributions from a trust. Which of the following statements is correct? a) No trust can take a deduction for
Jesse's client needs clarification regarding charitable contributions from a trust. Which of the following statements is correct?
a) No trust can take a deduction for charitable contributions.
b) Complex trusts cannot take deductions for charitable contributions.
c) Charitable contributions by a trust are limited to 50% of the DNI.
d) Simple trusts cannot make charitable contributions
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