In the Current Taxable Year, Trust R Has the Following $\quad$

question 46

Multiple Choice

In the current taxable year, Trust R has the following receipts and expenses: Tax-exempt interest income $\quad$$\$ 15,000$
Taxable interest income $\quad$ 7,000
Rent income $\quad$ 23,000
Long-term capital gain allocable to corpus $\quad 15,000$
Trustee fee $\quad 9,200$
Rent expense $\quad 12,000$ During the current taxable year, the trustee made payments to charity totaling $3,000.The trust may claim a charitable contribution deduction of

• A)$0
• B)$2,000
• C)$2,250
• D)$3,000