Question: The Popeye Saylor Trust is required to distribute $18,000 to Marta and $24,000 to Marty. The distributable net income (DNI) for the year is $28,600.
The Popeye Saylor Trust is required to distribute $18,000 to Marta and $24,000 to Marty. The distributable net income (DNI) for the year is $28,600. What is the amount of income (if any), on which Marta and Marty will be required to pay taxes?
a) Marta: $12,257; Marty: $16,343
b) Marta: $18,000; Marty: $24,000
c) Marta: $14,300; Marty: $14,300
d) Marta: $ 0; Marty: $ 0
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