Question

jackson miller created a nongrantor trust in 2014. during 2018 the tryust earned 4000 nin ordinary didvidens 500 in interest & 1500 in municipal interest the omnly expnsese wete 1000 fidicuary fess what portion of the fidicuaery fees are deductible

Answer 1

ince le ficluciarny hes are the escamples f a administiaton expersenf Llhe teust, at and couldnet an individual,lis tomumOnly d incuaoad iduciary feer is salated stiolly to le trust administiation and are an allowallo. dadution fn asrining at AnnualGrr Tnma artey temized diductina elmis callanaous oniged Qaductou ndes section 6+ (b). Tharfere lhe entie $100 Aidicuary fees are deductible fot a nm not are grantat trust