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Thanks. I went through the mechanics, but the worksheet does not explain what the calc is doing. It is very convoluted.
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One thing I learned for a complex trust tax return I was analyzing yesterday is that the ordinary income is taxed first using the trust brackets for ordinary in...
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I have a return with a complex trust that doesn't seem to be calculating the tax correctly. Most of the income is dividends, which I believe should be taxed at ...
