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When an accountant serves as a trustee of a blind trust and prepares annual state and federal tax returns for the trust, the accountant:a. Is entitled to compensation both for serving as a trustee and for preparing the tax returnsb. Is entitled to compensation for serving as the trustee, but is not entitled to separate and independent compensation for preparing the tax returnsc. Is not entitled to compensation for serving as the trustee, but is entitled to compensation for preparing the tax returns because a trustee is not expected as part of her customary duties to have sufficient skill or training to prepare accurate tax returnsd. Is not entitled to compensation whatsoever, and is allowed to delegate the task of preparing tax returns to a competent, paid tax return preparer
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