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  3. schedule k-1 must be issued ___________. a. by the

Schedule K-1 must be issued ___________. A. By the trustee of a grantor trust. B....

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Accounting

Schedule K-1 must be issued ___________.

A. By the trustee of a grantor trust.

B. By the fiduciary of an estate or nongrantor trust each year any income, deductions, or credits were distributed to beneficiaries.

C. Only in the final year of an estate or nongrantor trust.

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