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Sketchy Trust has taxable income of $50,000. The trust had $5,000 in interest income on tax-exempt municipal bonds, and a capital gain of $3,000. Per

Sketchy Trust has taxable income of $50,000. The trust had $5,000 in interest income on tax-exempt municipal bonds, and a capital gain of $3,000. Per the trust agreement, all capital gains are allocated to corpus. What is Sketchy's distribution deduction?


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