Question: David contributed $ 3 5 0 , 0 0 0 to a simple irrevocable trust and paid $ 1 1 , 0 0 0 of
David contributed $ to a simple irrevocable trust and paid $ of gift tax at the time of the transfer. David named his grandson, Hal, as the income beneficiary and his brother, Dale, as the remainder beneficiary. This year, the trust generated $ of taxable dividend income and $ of unrealized capital gains. What amount of taxable income will Hal include on his federal Form from this trust this year?
A $
B $
C $
D $
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