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Business, 05.11.2019 05:31 Mune6745

The stoudemire trust reports $45,000 of net investment income (nii) and $60,000 in net profits from an active business operation for 2018. stoudemire retains all of the business profits but, under the terms of the trust agreement, distributes $17,400 cash from the nii to its sole beneficiary marshall. round your final answer to the nearest dollar. the trust's liability under the additional tax on nii is $

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The stoudemire trust reports $45,000 of net investment income (nii) and $60,000 in net profits from...
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