Question: The Dolce Estate reports the following items for the current tax year. Dividend income .......$ 50,000 Taxable interest income ..... 8,000 Passive activity income ....

The Dolce Estate reports the following items for the current tax year.

Dividend income ………………......…….……………$ 50,000

Taxable interest income ………………..…...………… 8,000

Passive activity income …………………..………….. 30,000

Tax-exempt interest income ………………………. 12,000

Distributable net income ………………………….. $100,000

Dolce’s two noncharitable income beneficiaries, Brenda and Del, receive cash distributions of $20,000 each. How much of each class of income is deemed to have been distributed to Brenda? To Del?

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