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The DaSinzi Estate Has Two Equal Income Beneficiaries (Rollo and Luisa)

Question 144

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The DaSinzi Estate has two equal income beneficiaries (Rollo and Luisa) and one remainder beneficiary (Coco).
The estate operates a business and generates cost recovery deductions. Which taxpayer(s) (e.g., the deceased, the estate, Rollo, Luisa, or Coco) if any, can deduct these items?

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