Holly inherited $10,000 of city of atlanta bonds in february. In March, she received interest of $500, and in april she sold the bonds at $200 gain. Holly redeemed series ee u.s. Savings bonds that she had purchased several years ago. The accumulated interest totaled $800. Holly received $300 of interest on bonds issued by the city of quebec, canada.

What amount, if any, of gross income must holly report?

Answer rating: 100% (QA)

Holly must report 1300 of gross inco... View the full answer