(Solution) - During 2012 an estate generated income of 20 000 Rental income -(2025 Original AI-Free Solution)

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Academic Level: Undergrad. (yrs 3-4)

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Pages: 5 Words: 1375

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During 2012, an estate generated income of $20,000:
Rental income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $9,000
Interest income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6,000
Dividend income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5,000
The interest income is conveyed immediately to the beneficiary stated in the decedent's will.
The dividends are given to the decedent's church. What amount of federal income tax must this estate pay?