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The Willa Estate Reports $100,000 DNI,composed of $50,000 Dividends,$20,000 Taxable

Question 140

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The Willa estate reports $100,000 DNI,composed of $50,000 dividends,$20,000 taxable interest,$10,000 passive income,and $20,000 tax-exempt interest.Willa's two noncharitable income beneficiaries,Shanna and Tom,receive distributions of $75,000 each.How much of each class of income is deemed to have been distributed to Shanna? To Tom? Use the following template to structure your answer. ​ ​ Beneficiary Amount Received DNI,Income Type Corpus, Non-taxable Dividends Taxable Interest Passive Exempt Interest Shanna ​ ​ ​ ​ ​ ​ Tom ​ ​ ​ ​ ​ ​ Totals in DNI ​ ​ ​ ​ ​ ​

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DNI...

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