The Strike family trust is an inter vivos trust with one beneficiary, Maria Strike, the 25 year old daughter of the settlor, Gregor Strike. The trust receives interest income of $150,000 in 2020. The trust makes a charitable donation of $15,000 and distributes $105,000 to Maria. Maria has no income other than what she receives from the trust, and is eligible only for the personal tax credit. Determine the federal Tax Payable for the trust for 2020. Ignore the possibility that the income received by Maria could be subject to the TOSI.
A) $14,850.
B) $9,900.
C) $1,836.
D) $9,936.
Correct Answer:
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