Investment advisory fees paid by an estate or trust a. are subject to the 4% reduction required

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Investment advisory fees paid by an estate or trust

a. are subject to the 4% reduction required by section 67 IRC.

b. are fully tax deductible to the extent listed without objection on a trust accounting.

c. are fully tax deductible.

d. none of the above is correct.

Related Book For answer-question

Income Tax Fundamentals 2013

ISBN: 9781285586618

31st Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

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Posted Date: Nov 24, 2023 08:39 AM

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Investment advisory fees paid by an estate or trust a. are subject to the 4% reduction required

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Income Tax Fundamentals 2013

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