a. to determine the ACA for the joining entity's asset Incorrect b. to spread the ACA over the joining entity. c. to determine the ACA for the joining entity d. to spread the ACA over the joining entity's assets.

a. to determine the ACA for the joining entity's asset Incorrect b. to spread the ACA over the joining entity. c. to determine the ACA for the joining entity d. to spread the ACA over the joining entity's assets.

SWFT Comprehensive Vol 2020

43rd Edition

ISBN:9780357391723

Author:Maloney

Publisher:Maloney

Chapter28: Income Taxation Of Trusts And Estates

Section: Chapter Questions

Problem 17P

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Question

The second step in applying the basic TCSA
rules is:
Select one:
a. to determine the ACA for the joining
entity's asset Incorrect
b. to spread the ACA over the joining entity.
c. to determine the ACA for the joining entity.
d. to spread the ACA over the joining entity's
assets.

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