Question: A distribution to an estates sole beneficiary for the 2010 calendar year equaled $15,000, the amount currently required to be distributed by the will. The

A distribution to an estate’s sole beneficiary for the 2010 calendar year equaled $15,000, the amount currently required to be distributed by the will. The estate’s 2010 records were as follows:

Estate income

$40,000 Taxable interest Estate disbursements

$34,000 Expenses attributable to taxable interest What amount of the distribution was taxable to the beneficiary?

a. $40,000

b. $15,000

c. $ 6,000

d. $0

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