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Trust B says the trustee may distribute income in her sole discretion. During the tax year Trust B generates $5,000 of interest income and
Trust B says the trustee may distribute income in her sole discretion. During the tax year Trust B generates $5,000 of interest income and $4,000 of long term capital gains. Assuming the trustee distributes all eligible items of income, what amount of income will C, the beneficiary, recognize on their tax return? O $5,500 O $9,000 O $4,000 $0
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