Question: a. Required: . . Complete the following table (covering all beneficiaries) nominating: Name of the BENEFICIARY . . . Whether or not the beneficiary is


a. Required: . . Complete the following table (covering all beneficiaries) nominating: Name of the BENEFICIARY . . . Whether or not the beneficiary is PRESENTLY ENTITLED Whether or not the beneficiary is under a LEGAL DISABILITY WHO IS ASSESSED on each amount Which sections of the Act apply to make the income assessable The amount retained or distributed Beneficiary Presently Legal Who is assessed? Section(s) Amount $ entitled? disability? (Beneficiary or Trustee) Applicable (Yes/No (Yes/No Candy Dandy Landy Balance Total $ b. Calculate tax payable by the trustee on behalf of Dandy, Landy and the balance of trust net income. Tax payable by Trustee on behalf of Dandy: Tax payable by Trustee on behalf of Landy: Tax payable by Trustee on balance of trust net income: C. Calculate tax payable by Landy (only)
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