Question: In 2010 Uriah Stone received the following interest payments: Interest of $400 on refund of federal income tax for 2008. Interest of $300

In 2010 Uriah Stone received the following interest payments:

• Interest of $400 on refund of federal income tax for 2008.

• Interest of $300 on award for personal injuries sustained in an automobile accident during 2007.

• Interest of $1,500 on municipal bonds.

• Interest of $1,000 on United States savings bonds

(Series HH).

What amount, if any, should Stone report as interest income on his 2010 tax return?

a. $0

b. $ 700

c. $1,700

d. $3,200

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