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Maribel Munroe created a nongrantor trust in 2017. During 2021, the trust earned $4,000 in ordinary dividends, $1,600 in interest income, and $2,400 in tax-exempt
Maribel Munroe created a nongrantor trust in 2017. During 2021, the trust earned $4,000 in ordinary dividends, $1,600 in interest income, and $2,400 in tax-exempt municipal bond interest. The only expenses were $1,800 in fiduciary fees. What portion of the fiduciary fees is deductible?.
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