Question: John Budd is single, with no dependents. During 2010, John received wages of $11,000 and state unemployment compensation benefits of $2,000. He had no other
John Budd is single, with no dependents. During 2010, John received wages of $11,000 and state unemployment compensation benefits of $2,000. He had no other source of income. The amount of state unemployment compensation benefits that should be included in John’s 2010 adjusted gross income is
a. $2,000
b. $1,000
c. $ 500
d. $0
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