Which of the following distributions meets the qualifications of a simple trust? a. The trust distributes all
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Which of the following distributions meets the qualifications of a simple trust?
a. The trust distributes all of the current year’s income to the beneficiaries.
b. The trust distributes part of the trust principal to the beneficiaries.
c. The trust distributes all of the current year’s income to a charitable organization.
d. The trust distributes part of the trust principal to a charitable organization.
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Related Book For
South Western Federal Taxation 2023 Comprehensive Volume
ISBN: 9780357719688
46th Edition
Authors: Annette Nellen, Andrew D. Cuccia, Mark Persellin, James C. Young
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