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NEW QUESTION: 1
After having been divorced for several years, Mrs. Blended has remarried a man with three children of his own. She has set up a revocable trust in which she deposited funds that she inherited when her mother died, so that the monies will go uncontested to her two biological children in the event of her own death.
These two adult children are the only beneficiaries of the trust. Mrs. Blended has no plans to touch any of the money in the trust unless circumstances demand it in the future. The trust is invested in a mutual fund that paid $500 in dividend income and distributed $3,000 in long-term capital gain income to the trust this year.
Which of the following statements is true regarding the tax treatment of these distributions?
A. Assuming her two adult children are equal beneficiaries, each one is responsible for paying tax on 50% of the income to the trust, or $1,750.
B. The distributions will not be taxed at this point; they will be taxed as part of the estate upon Mrs.
Blended's death.
C. Mrs. Blended must pay taxes on the $3,500 in distributions.
D. The distributions will not be taxed at this point; they will be taxed only when Mrs. Blended or her beneficiaries make withdrawals from the trust.
Answer: C
Explanation:
Explanation/Reference:
Explanation: If Mrs. Blended established a revocable trust that invested in a mutual fund that distributed
$3,500 total in dividend and capital gain income this year, Mrs. Blended is responsible for paying taxes on the distributions. Whether or not any monies or assets are withdrawn from a revocable trust, the grantor of the trust-in this case, Mrs. Blended-- is responsible for any taxes due.

NEW QUESTION: 2
Oracle Cloud Infrastructure Object Storageの事前認証されたリクエストについて正しい説明はどれですか？
A. 事前認証済みリクエストの有効期限を延長することはできません。
B. 事前認証されたリクエストは、パブリックバケットに対してのみ作成できます。
C. 事前認証済みのリクエストは、有効期限が切れる前にリタイアできません。
D. バケットごとに作成できる事前認証済みリクエストは1,000件のみです。
Answer: A

NEW QUESTION: 3
Which action can be performed using the ScaleIO GUI?
A. Enable restricted SDC access
B. Remove a storage pool
C. Upgrade the SDC version on the clients
D. Map a volume to two SDCs
Answer: B

NEW QUESTION: 4
How should logs be treated in Cloud Foundry?
A. Logs should be routed to a syslog server.
B. Logs should be written to the local file system.
C. As output stream.
D. Logs should be stored on attached storage.
Answer: C