The Henry Addison Living Trust is a non-grantor trust with a single beneficiary, Alicia. This year, the trust had distributive net income of $13,000. After the allocation of deductions this total includes the following amounts Net rental income $10,000 and Tax exemption interest $3000. Alicias 2022 distribution was $5000. How much of Alicias distribution will be treated as tax exempt interest?

The Henry Addison Living Trust is a nongrantor trust with a single beneficiary, Alicia. This year, the trust had distributiv income (DNI) of $13,000. After the allocation of deductions, this total includes the following amounts: Question 57 of 75. Alicia's 2022 distribution was $5,000. How much of Alicia's distribution will be treated as tax-exempt interest? - Net rental income: $10,000. - Tax-exempt interest: $3,000. $1,154$1,500$3,000$3,856