The Weir family trust is an inter vivos trust with one beneficiary. The beneficiary is 25 year old Marcus Weir, the son of the settlor. During 2020, the trust had the following income: The non-eligible dividends and capital gain are distributed to Marcus. By how much will Marcus' Net Income for Tax Purposes increase as a result of this distribution? Ignore the possibility that the income received by Marcus could be subject to the TOSI.

Question

The Weir family trust is an inter vivos trust with one beneficiary. The beneficiary is 25 year old Marcus Weir, the son of the settlor. During 2020, the trust had the following income:  The non-eligible dividends and capital gain are distributed to Marcus. By how much will Marcus' Net Income for Tax Purposes increase as a result of this distribution? Ignore the possibility that the income received by Marcus could be subject to the TOSI.

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The Answer of The Weir family trust is an inter vivos trust with one beneficiary. The beneficiary is 25 year old Marcus Weir, the son of the settlor. During 2020, the trust had the following income:  The non-eligible dividends and capital gain are distributed to Marcus. By how much will Marcus' Net Income for Tax Purposes increase as a result of this distribution? Ignore the possibility that the income received by Marcus could be subject to the TOSI.

The Weir Family Trust Is an Inter Vivos Trust with One