A simple trust has one income beneficiary. Its accounting income is $9,000, including $6,000 taxable Interest,...

 

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A simple trust has one income beneficiary. Its accounting income is $9,000, including $6,000 taxable Interest, $4,000 exempt Interest, and $1,000 administration expense. No other trust activities occurred during the year. 4. 5. 6. The beneficiary received from the trust: $6,000. $8,700. C. $9,000. d.. $10,000. a. b. The deduction allowable to the trust for administration expense is: 8. $0. b. C. d. Distributable net income is: $6,000. $7,100. $9,000. $10,000. 8. b. $400. $600. $1,000. C. d. A simple trust has one income beneficiary. Its accounting income is $9,000, including $6,000 taxable Interest, $4,000 exempt Interest, and $1,000 administration expense. No other trust activities occurred during the year. 4. 5. 6. The beneficiary received from the trust: $6,000. $8,700. C. $9,000. d.. $10,000. a. b. The deduction allowable to the trust for administration expense is: 8. $0. b. C. d. Distributable net income is: $6,000. $7,100. $9,000. $10,000. 8. b. $400. $600. $1,000. C. d.

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