Heather's interest and gains on investments for the current year are as follows:
inter...
Business, 15.11.2019 01:31 dhailyortegacampa131
Heather's interest and gains on investments for the current year are as follows:
interest on madison county school bonds $600
interest on u. s. government bonds 700
interest on a federal income tax refund 200
gain on the sale of madison county school bonds 500
heather's adjusted gross income from the above is: or;
heather must report gross income in the amount of:
a. $2,000.
b. $1,800.
c. $1,400.
d. $1,300.
e. none of these.
Answers: 2
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