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The trustee of the Astro trust makes a $15,000 charitable contribution to PennOhio University. The trust agreement is silent as to the specific type of
The trustee of the Astro trust makes a $15,000 charitable contribution to PennOhio University. The trust agreement is silent as to the specific type of income that should be used to pay the contribution. The trust had $15,000 of taxable income and $10,000 of tax-exempt income during the year. How much of the $15,000 charitable contribution is deductible on the trust's federal income tax return?
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