Peyton Trust, which is a simple trust, distributed $45,000 to its sole beneficiary, Brooke, in the current year. Further, it had the following items of income and expense for the current year. Interest income from municipal bonds $10,000
Gross income from rental properties 30,000
Operating expenses for the rental properties 5,000
Trust fees allocable to the rental properties 2,000
What is Peyton's income distribution deduction for the current year?
a. $23,000
b. $33,000
c. $40,000
d. $45,000

Interview notes mike is 50 and made $36,000 in wages in 2017. he is single and pays all the cost of keeping up his home. mike's daughter, brittany, lived with mike all year. brittany's son, hayden, was born in november 2017. hayden lived in mike's home since birth. brittany is 25, single, and had $1,500 in wages in 2017. she is not disabled. mike provides more than half of the support for both brittany and hayden. mike, brittany, and hayden are all u. s. citizens with valid social security numbers. 4. who can mike claim as a qualifying child(ren) for the earned income credit?