Noncharitable income beneficiaries

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Reference no: EM13987702

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?

Reference no: EM13987702

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