Betty owns several investments that generate the following income in Year 9: $385 interest income from a Certificate of Deposit $700 interest income from a U.S. Treasury bond $1,080 interest income from a Cook County bond $135 interest income from a savings account $485 interest income from a U.S. Virgin Islands bond Betty also has received $240 of interest income on a federal tax refund from her amended Year 7 tax return. How much taxable interest income must Betty report for Year 9?

Answer rating: 100% (QA)

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