For 2019, the Guess Trust retains all of its income items, which include only $100,000 of net

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For 2019, the Guess Trust retains all of its income items, which include only
$100,000 of net investment income and $40,000 of profits from an active business
operation. Guess incurs an additional tax on net investment income (NIIT) of:
a. $4,837.
b. $3,800.
c. $3,316.
d. $0.

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Related Book For  answer-question

South Western Federal Taxation 2020 Corporations, Partnerships, Estates And Trusts

ISBN: 9780357109168

43rd Edition

Authors: William A. Raabe, James C. Young, William H. Hoffman, Annette Nellen, David M. Maloney

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