Question: The Greens created a complex trust with two beneficiaries. COMPLEX TRUST WITH BENEFICIARIES A AND B Income from interest:$28,000 Capital Gain income:$ 8,000 Fiduciary fees:

  1. The Greens created a complex trust with two beneficiaries.

COMPLEX TRUST WITH BENEFICIARIES A AND B

Income from interest:$28,000

Capital Gain income:$ 8,000

Fiduciary fees: $ 4,000

The trust document allocates fiduciarys fees to trust corpus, along with any capital gains. What is the taxable income of the trust before the distribution deduction if the exemption for the trust is $100?

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