One-fourth of the Cruger Estate's distributable net income consists of net long-term capital gains.Thus, when income beneficiary Susie receives a $40,000 income distribution from the estate, $10,000 of it qualifies for the 15% tax rate.

Question

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One-fourth of the distributable net income consists of net long-term capital gains, which means that $10,000 of the $40,000 income distribution would qualify for the 15% tax rate.

One-Fourth of the Cruger Estate's Distributable Net Income Consists of Net