Question
Lucas is the trustee of burrows family trus.Lucas decides to make his sister Tracey(a beneficiary)presently entitled to $900 of the trust income for the 2021
Lucas is the trustee of burrows family trus.Lucas decides to make his sister Tracey(a beneficiary)presently entitled to $900 of the trust income for the 2021 tax year .Tracey is 17 years old.
Discuss the consequences for Lucas and Tracey in regard to the trust distribution
(2) Tracey also have $21,000 from working at Nodo Donuts making coff for the Nodo customers.
calcul Tracey's basic income tax liability assuming that she does not have any deductions
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Smith and Roberson Business Law
Authors: Richard A. Mann, Barry S. Roberts
15th Edition
1285141903, 1285141903, 9781285141909, 978-0538473637
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