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Business, 29.08.2020 16:01 NightSun8890

Simba and Zola are married but file separate returns. Simba received $80,000 of salary and $1,200 of taxable dividends on stock he purchased in his name and paid from the salary he earned since the marriage. Zola collected $900 in taxable interest on a certificate of deposit she inherited from her aunt. Compute Zola’s gross income under two assumptions as to the state of residency of the couple. If an amount is zero, enter "$0."

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Simba and Zola are married but file separate returns. Simba received $80,000 of salary and $1,200 of...

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