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

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

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?

  Amount     Income Type      
Beneficiary Received Dividends Taxable
Interest
Exempt
Interest
Passive
Brenda $   $   $   $   $  
Del $          
Totals in DNI     $   $   $   $  
Roshan kumar 10-Nov-2017

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