The trust paid $$1,300$ in fiduciary fees, but it is unable to deduct this full amount on the return. Why not? Because:

The fees are only deductible to the extent that they exceed $2\%$ of the trust's AGI.

A portion of the fee is nondeductible because it relates to tax$-$exempt income.

A portion of the fee is nondeductible because it relates to trust principal.

A portion of the deduction will be claimed on the beneficiary's return rather than the trust's return.